The Pakistan Mineral Development Corporation (PMDC) ( ur, ) is a semi-autonomous corporation attached to the ''Ministry of Petroleum and Natural Resources'', of the

Government of Pakistan The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the Administrative units of Pakistan, four provin ...

. It was created in 1973 with an authorized capital of

Rs. Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, B ...

1,000 million (approximately 10 million U.S. dollars) to expand and help 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 Islamabad (; ur, , ) is the capital city of Pakistan. It is the country's ninth-most populous city, with a population of over 1.2 million people, and is federally administered by the Pakistani government as part of the Islamabad Capital T ...

. 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 Imran Ahmed Khan Niazi ( ur}; born 5 October 1952) is a Pakistani politician and former Cricket captain who served as the 22nd Prime Minister of Pakistan from August 2018 to until April 2022, when he was ousted through a no-confidenc ...

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) The Government of Balochistan ( ur, ) is the provincial government of the largest province of Balochistan, Pakistan in Quetta. The head of the province is the Governor, who is nominated by the President of Pakistan. The chief executive of the G ...

to promote mining in the mineral rich province of Balochistan. Additionally, a restructuring of

Geological Survey of Pakistan Geological Survey of Pakistan (GSP) is an independent executive scientific agency to explore the natural resources of Pakistan. Main tasks GSP perform are Geological, Geophysical and Geo-chemical Mapping of Pakistan. Target of these mapping are res ...

(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