Wednesday, March 2, 2011

Moving Forward


Pakistan must look into this situation very seriously. It can conduct such surveys by any reputable/foreign-based institutes to attract foreign investors in this sector. But the locals who have ever ventured into such activity have only stories of failure to tell.

In industrial mining, lease by provincial/local government exists, and in the case of precious/semi-precious stones it has been observed in emerald (Swat, Frontier Province), ruby (Pakistan’s Kashmir), and topaz (Katlung, Mardan District, Frontier Province), but has resulted in loss and/or failure for venturers.

It is important to stress here that the non-professional residents of mining areas are actually the ones who mine these jewels of earth in their hazardous, traditional way of mining. They usually form groups that initiate diggings and blastings, distributing the costs that may incur during the mining period. This process is something that the Government of Pakistan has failed to control or investigate. The resulting product is compromised in terms of quality and quantity. Mining ventures in precious and semi-precious stones are uncontrollable in Pakistan because they are undertaken by its people without any permission, support, or guidance from the government.

Pakistan, based on its potential in mineral wealth, can become a great hub of the gemstone industry, on a scale comparable to that of Brazil, provided it takes a few essential, locally effective steps that can enhance the exploration of resources and growth of business. The most useful step: full and supportive involvement of the government with its own people as well as the foreigners involved in this industry. The establishment by Pakistan of the Gems and Gemmological Institute, in Peshawar in 2001, is an investment that ultimately will bear fruit.


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