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Afghanistan Ready to Re-Tender Huge Chinese Mining Concession

Jan 27, 2021Afghan government officials said that the country has terminated oil and gas contracts with China and is seeking to renegotiate the terms of a massive mining concession that has been nearly dormant...

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Afghanistan's Mineral Resources Fueling War and Insurgency

Illegal mining is rampant throughout Afghanistan, with more than 2,000 such sites raising money for warlords and the insurgents. [31] A SIGAR report found that illegal mining has been costing the state up to $300 million annually since the Taliban's collapse in 2001. [32]

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Lapis Lazuli from Afghanistan — Pala international

But political instability in Afghanistan clouds the future for both mining and distribution of the noble blue gem. Lazurite crystal in marble self-collected by Pierre Bariand. Size of crystal: 5 cm; Locality: Sar-e-Sang Collection: Faculty of Sciences (Sorbonne) Photo: Nelly Bariand . Visiting party at entrance to the Sar-e-Sang. ...

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How Canada's Assistance Has Benefited Afghanistan

Funding Myanmar's Spring Revolution. The Diplomat. ... Exploring joint venture investment opportunities, especially in Afghanistan's mining, agriculture, renewable energy, information ...

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From taxes to the drug trade, how the Taliban paid its way

An Afghan opium poppy farmer at work in 2011. While the Taliban receives income from taxing opium, most of its recent income has come from taxes on legal goods. Bay Ismoyo/AFP via Getty Images

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Illegal gemstones from Afghanistan are funding Islamic extremists - WORLD

The BBC recently cited a geological survey claiming Afghanistan sits on almost $1 trillion in undeveloped mining profits, enough to pull the country out of its economic lethargy if properly developed and regulated. Skeptics say it's too early to put a price tag on hypothetical mineral profits.

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Afghanistan: How do the Taliban make money? - BBC News

Aug 27, 2021Afghanistan is rich in minerals and precious stones, much of it under-exploited as a result of the years of conflict. The mining industry in Afghanistan is worth an estimated $1bn annually,...

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Afghanistan | U.S. Agency for International Development

About Afghanistan. For over 20 years, USAID supported Afghanistan in achieving significant social and economic gains. The Afghan economy has grown dramatically, with Gross Domestic Product rising to more than $20 billion- five times higher than in 2002. USAID has worked with the Afghan government, private sector, and international partners to ...

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Ancient Afghan Buddhist city threatened by Chinese copper mine - France 24

But in 2007 the Chinese mining giant Metallurgical Group Corporation (MCC) headed a state-owned consortium -- that later took the name MJAM -- and signed a $3 billion contract to mine ore over 30 ...

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How isolating the Afghan Taliban could mean more young ... - Reuters

Jul 7, 2022Asked about the cash crunch and layoffs at DMAC, the U.S. Department of State said it was continuing to support humanitarian de-mining in Afghanistan by directly funding NGO partners. A...

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Afghan de-mining organisation says NZDF is refusing to pay bill for ...

Mar 6, 2022An Afghan de-mining organisation claims our Defence Force owes tens of thousands of dollars in unpaid costs and salaries. But our government says it severed all financial ties with the organisation...

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As U.S. Retreats, China Looks To Back Taliban With Afghan Mining ...

Aug 17, 2021There's the potential for copper, gold, Afghanistan holds an estimated 1.4 million tons of rare earth elements (REEs), minerals crucial for the production of renewable energy technology. This makes...

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From taxes to the drug trade, how the Taliban paid its way

A reasonable estimate would put the Taliban's recent budget at $100 million a year, though she said some reports suggest it's been as much as $1.6 billion. The money comes from a lot of sources....

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Alternative financing for the mining industry: what are the options?

According to Fieldfisher, one of the striking trends in mining finance over the last two years - due to its novelty, rather than the volume of transactions - is the emergence of cryptocurrencies or crypto tokens as a form of funding. This type of financing, according to Isaac, is happening mostly in Canada and Australia.

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Illegal mining, weak government help Taliban expand in Afghan north ...

Afghanistan is estimated to contain mineral deposits worth $1-3 trillion, including gemstones and precious metals, copper, marble and iron ore. Much of it is in remote northern regions like...

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Biden to split $7 billion in frozen funds between 9/11 victims and ...

Feb 11, 2022(CNN) President Joe Biden signed an executive order Friday allowing $7 billion in frozen assets from Afghanistan's central bank to eventually be distributed inside the country and to potentially...

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Where Does the Taliban Get Its Funding From? | Al Bawaba

Earlier this week, VOA news cited intelligence reports suggesting that the Taliban generates between $300 million and $1.6 billion a year. According to recent UN reports, most of the Taliban's ...

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De-mining efforts in Afghanistan lose funding - YouTube

The Afghan government agency that oversees landmine clearance in the country says it has lost its roughly $3 million funding, as foreign governments have fro...

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Taliban, Islamic State make millions from mining Afghan minerals

The international NGO in a report on Tuesday estimates the Taliban earns $2.5 million to $10 million a year from mining talc alone. It is unclear how much Islamic State's local affiliate, which ...

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How the heroin trade explains the US-UK failure in Afghanistan

Jan 9, 2018By 2007, the UN's Afghanistan Opium Survey found that the country's then-record opium harvest of approxinamtely 8,200 tonnes provided 93% of the world's illicit heroin supply. Significantly, the UN...

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The loneliest ambassador in Ottawa: Afghan envoy vows to press on ...

With many mining locations located in rural and remote communities, experts say investments need to be made to ensure these places are accessible for people, equipment, and machinery. Some MPs hope for more transparency on Canada's military response to invasion of Ukraine

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Report: Democrats Discuss Funding Afghan Refugees in Trojan Horse ...

Democrats have reportedly begun Tuesday to consider funding Afghan refugees coming to the United States with the $3.5 trillion Trojan horse infrastructure package. "The discussions are in an early phase and no decision has been made about a dollar amount or how it would fit within the process known as reconciliation," Bloomberg reported.

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Q&A: Aynak and Mining in Afghanistan - World Bank

Aynak and Hajigak represent two large potential investments by Afghan and global standards. The mine developments each would require $2-3 billion in investments, and each mine would also require investment in ancillary infrastructure in the order of $2-3 billion or more.

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Afghanistan to begin first commercial oil production - ABC News

Afghanistan has untapped mineral and energy reserves estimated to be worth up to $US3 trillion with vast deposits of resources including oil and gas, iron ore, gold and copper. But it is one of the poorest countries in the world, with the World Bank estimating per capita income of $470 per year.

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Your Baby Powder Is Funding the Taliban and the Islamic State in ...

It costs the Afghan government massive losses in revenue, while empowering many local strongmen and fueling armed conflict. Control of these resources is an issue of national security for...

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WHO urges international donors to resume Afghanistan health funding

Sept 23 (Reuters) - The World Health Organisation's representative to Afghanistan called on the international community on Thursday to resume funding of the war-torn country's health program which was suspended when the Taliban took over governing the country, as the healthcare system had plunged into crisis.

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Afghanistan - Deutsche Gesellschaft für Internationale Zusammenarbeit

It also defines the criteria and requirements for entry. Results achieved to date, GIZ has been operating in Afghanistan in the field of development and stabilisation since 2002. Our main commissioning parties were the German Federal Ministry for Economic Cooperation and Development (BMZ) and the Federal Foreign Office.

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Afghan Minister Cracks Down On Illegal Mining

Recent media reports have highlighted Afghanistan's potentially immense mineral wealth after a U.S. government memo reported by "The New York Times" on June 13 said Afghanistan has nearly $1 ...

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Islamic State In Afghanistan Is Funding Itself With Illegal Exports Of ...

Like Islamic State affiliates in other parts of the world, ISKP has sought to seize control of natural resources as a way to fund its insurgency, putting it in direct competition with the Taliban, which already earns about $300 million each year in the mineral trade.

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Fully Funded Scholarships for Afghanistan Students 2022 - Kiiky

Here are the lists of Afghanistan scholarships in 2022, FULBRIGHT SCHOLARSHIP FOR AFGHANISTAN (MASTER'S DEGREE) -APPLY, Fulbright scholarship for Afghanistan (DOCTORAL DEGREE) -APPLY, 105 Ministry of External Affairs, Government of India Fully-funded Scholarships for International Training Programmes in India for Afghanistan,

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The Taliban Are Megarich - Globely News

Aug 21, 2021Those who don't pay have faced death threats. According to the Taliban's Stones and Mines Commission, or Da Dabaro Comisyoon, the group earns $400 million a year from mining. NATO estimates that figure higher, at $464 million - up from just $35 million in 2016. 3. Extortion and taxes - $160 million

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Afghanistan can be stabilized and America's first step should be with ...

Aug 27, 2022We can't delay. Days after the United States left, the Chinese Communist Party started ramping up its decade-long designs on Afghanistan's $1 trillion of mineral deposits. The Chinese see 20 years...

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Brussels Conference on Afghanistan: a commitment on ... - ReliefWeb

to operationalize the government's commitment to the extractive inudstries transparency initiative (eiti), amendments to the mining law submitted to the parliament include measures such as...

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China Prepared to Recognize Taliban if Kabul Falls, Sources Say ...

It cited an Afghan Public Works Ministry spokesperson who said, "China has expressed a huge interest for investment in Afghanistan, particularly in the mining sector, and this road will be good ...

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U.S. Embassy Hosts Private Sector Program to Support Greater ...

USAID is committed to supporting the commercial development of Afghanistan's abundant mineral resources to benefit the Afghan people. With almost $17 billion spent on development programs in Afghanistan since 2002, USAID provides the largest bilateral civilian assistance program to Afghanistan.

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Opinion: Minerals, drugs and China: How the Taliban might finance their ...

Many public health facilities face severe funding shortages. ... Mining. Afghanistan is estimated to have $1 trillion worth of minerals in its mountains and other parts of the country. China in ...

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Sources of funding (including self-funding) for the major groupings ...

The UN's Afghanistan Monitoring Group stated that marble mining gives the Taliban at least $10 million per year. [ix] Abdul Jabbar Qahraman, the Afghan presidential envoy to Helmand, has put the figure at $18 million per year, or a staggering $50,000 to $60,000 per day.

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Afghanistan: Taliban face financial squeeze from West

Afghanistan is estimated to have between $1 trillion and $3 trillion worth of minerals, including copper and lithium needed to power the global energy transition. Much of it remains untapped due to...

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Afghanistan | Oriental Institute - University of Chicago

The National Museum of Afghanistan-Oriental Institute (NMA-OI) Partnership has developed a bilingual Dari-English database to accommodate the first full inventory of the National Museum's collection. The records include both objects held in the National Museum and the highest value objects stored in the vaults of the Presidential Palace.

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Mining - International Finance Corporation

Mining. IFC has decades of experience providing finance and sustainable business solutions in the mining sector. Our contributions include mitigating environmental and social risk, providing advice on community engagement, and implementing shared-use infrastructure. We finance mining projects across the development stage, including construction ...

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