Mining industry: Sector to grow 3% during fiscal 2013

An allocation of Rs268 million has been made for mining this year


July 20, 2012

ISLAMABAD:


The mining sector of the country is projected to grow at 3% during the current fiscal year (2012-13), according to official sources.


The focus of the mineral policy is on oil, gas, coal, iron ore, copper, and chromites, in order to reduce import dependence; official documents reveal.

An allocation of Rs268 million has been made for mining this year under the Public Sector Development Programme (PSDP).

During the current fiscal year, an area of about 3,900 square kilometres is planned to be mapped in different parts of the country; whereas about 300 samples will be collected and analysed under geochemical surveying.

Published in The Express Tribune, July 21st, 2012.

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