WB to continue help boost mine sector

A lead mining specialist of the World Bank Michael Stanley has said that Punjab was organising its mineral sector in accordance with international best practices, which would accelerate mineral related growth in the province. He said that World Bank would continue to support sharing of knowledge and experiences.

He expressed these views while addressing a workshop on development of large-scale mining jointly organised by the Punjab Mines & Minerals Department and the World Bank in Lahore. The participants of the workshop included World Bank team from Sustainable Energy Department Oil, Gas and Mining Unit, members of the academia, officers of the Mines and Mineral Department, representatives of mines owners association from Punjab and Sindh including the speakers, Secretary Mines and Minerals, Punjab, Shahid Mahmood, Professor Nawaz Chaudhry, College of Earth and Environmental sciences, Punjab University, Michael Heydari, Mineral Economist, Marie Louise Vittelli, Legal and Regulatory Specialist, Ejaz Ahmad Khan, Secretary Coal and Energy, Sindh, Dr Imran Ahmad Khan, Director General Geological Survey of Pakistan and Javed Ayub, Director Mineral Resources, AJK.

Shahid Mehmood said that Punjab Government has taken a number of initiatives which include resource estimation of coal according to international standards, Kalabagh iron ore utilisation project for steel making and iron ore and associated metallic mineral exploration project for Chiniot: Rajoa. He said these efforts will encourage investment in the mineral sector.

The purpose of the workshop was to discuss efforts to develop the mining sector and the issues that need to be resolved to bring the mining sector at par with international best practices.