Kilo to Complete Talks Over Iron Ore Mine in Afghanistan
Mining Weekly reported Kilo Goldmines (TSXV:KLG) is the preferred bidder for an iron ore mine in Afghanistan.
Mining Weekly reported Kilo Goldmines (TSXV:KLG) is the preferred bidder for an iron ore mine in Afghanistan.
IBTimes reported the consortium of seven Indian companies that won mining rights to develop an Afghan iron ore deposit has requested government help.
Mining Weekly reported a consortium of Indian companies is looking for $600-million in government funding.
IBTimes reported Afghanistan can take comfort from a U.S. Geological Survey report demonstrating a wealth of mineral resources in the country.
Bloomberg reports an Indian government-backed group, two Iranian contenders and Kilo Goldmines Ltd. (CVE:KGL) bid to mine in Afghanistan.
Afghanistan is one destination several companies would like to stay away considering the increased terror threat in that nation. For full story, click here
Afghanistan reported that it is looking for mining firms to open up a huge iron deposit, holding an estimated 1.8 billion tonnes of high quality ore, but potential bidders face a volatile security situation in a remote, mountainous. For full story, click here
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