Pakistan mines gold: geological surveys discover huge deposits worth £600 billion

About 32.6 metric tons were identified under the Geological Survey of Pakistan (GSP). gold depositsestimated at around 600 billion Pakistani rupees, the neighboring country appears to have hit the jackpot, it said India times.

According to TOI In a report cited by Pakistani media, GSP discovered huge amounts of gold in the Indus River, carried by fast-flowing water from the country’s northern mountainous regions.

The report further stated that the Government of Pakistan has imposed a Section 144 prohibition illegal gold miningin connection with illegal mining activities in the gold-rich Indus River.

The report added that when the water level in the river drops in winter, locals collect gold particles from the riverbed. The government of Pakistan’s Khyber Pakhtunkhwa province stated that gold was imported from the Himalayan region and stockpiled near Peshawar.

Over time, these particles are carried by the fast-flowing waters of the Indus and accumulate in the riverbed.

Pakistani media reports state, among other things, that the Indus River, especially in the Pakistani province of Punjab near Attock, may carry gold deposits.

Economic shocks:

Earlier, Punjab’s mining minister announced the discovery after detailed geological surveys, raising hopes that this gold discovery will help Pakistan overcome its economic crisis and pay off its public debt.

Several Pakistani media reports and Nav Bharat Times also stated that in Attock district, the god is said to extend for a distance of 32 kilometers.

If mined responsibly, these gold deposits could generate significant revenue for the Government of Pakistan and lead to economic stability.

Additionally, the gold mining process could generate new jobs for young people and boost the economy in areas such as Attock. For this to happen, however, the administration must ensure that mining activities are well-regulated, legal and sustainable.