Managing Afghanistan’s Mineral Wealth: Can Afghanistan’s Mineral Wealth Be Used to Rebuild the Economy?
Date
2015Author
Caetano, Thomas
Caren, Rachel
Bersentes, Ryan
Denga, Patricia
Easter, Adam
Mellinger, Jessica
O'Neill, Devon
Sirotkin, Igor
Smith, Michael Lane
Wan, Xiangjun
Wong, Sara
Yu, Sarah
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From 2005 to 2009, the US Geological Survey performed a series of remote sensing surveys in Afghanistan in an attempt to quantify the nation’s mineral resource potential. Their findings stand to significantly transform the future of Afghanistan’s economy and development. Afghanistan’s potential mineral wealth is valued at $908 billion. This places Afghanistan amongst the top five nations in the world by mineral wealth. The abundant minerals are diverse in value and industry potential, with large deposits of iron, copper, and cobalt, in addition to deposits of gold, gemstones, and rare earth elements.
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