The Pakistan Mineral Development Corporation (PMDC) () is a semi-autonomous corporation attached to the ''Ministry of Petroleum and Natural Resources'', of the Government of Pakistan. It was created in 1973 with an authorized capital of Rs.1,000 million (approximately 10 million U.S. dollars) to expand and help mining, mineral development activities in the country.Govt takes stringent measures for uplift of minerals sector
The Nation (Pakistani newspaper), Published 13 October 2021, Retrieved 15 November 2021 PMDC headquarters are in Islamabad. The company operates salt mine/quarries, coal mines and a silica sand quarry. This company conducts exploration of mineral deposits and prepares technical and economic feasibility reports. When needed and appropriate, it goes ahead and actually mines and markets the minerals in Pakistan.

Recent developments

In October 2021, the Imran Khan government announced plans to take "radical and innovative measures for uplift of the minerals sector with coordinated efforts of all stakeholders including provincial authorities". A senior Pakistani government official said, "The country is blessed with 92 minerals, out of which 50 are exploited on commercial basis. The new initiatives will greatly help exploit true potential of this sector". This official also announced that the federal government had already established the 'Balochistan Minerals Exploration Company Limited' (BMEC) as a joint venture with the Government of Balochistan (Pakistan) to promote mining in the mineral rich province of Balochistan. Additionally, a restructuring of Geological Survey of Pakistan (GSP) was underway for better service to help explore more mineral resources in Pakistan.

References

External links

Pakistan Mineral Development Corporation Official Site
Government-owned companies of Pakistan Pakistan federal departments and agencies 1974 establishments in Pakistan Mining in Pakistan {{Pakistan-company-stub

Recent developments

See also

References

External links