Sunday, March 24, 2013

untapped wealth in Afghanistan

"Protected by armed guards, they spent three months drilling test holes into the snowcapped peaks, as curious goat- and sheepherders looked on. "We hit copper damn near everywhere," said Robert Miller, a Colorado-based mining executive recruited by the Pentagon to help advise Afghan authorities on how to develop the country's natural resources. "It's a very encouraging finding." Studies have found that Afghanistan, one of the world's poorest and most war-torn countries, sits atop hydrocarbon and mineral deposits that could be worth more than a trillion dollars. The Afghan government and its U.S. backers are counting on this largely untapped wealth — including oil, gas, copper, iron, gold and lithium — to bring in cash and create jobs as international assistance begins to wind down." (thanks Amir)