Haroon Rashid: “1000 million tons of gold reservoirs found in Swat”

[asad71]

Wouldn't there be a glut in gold market if this report was true? 1,000 mlln is a lot. If, however, it were true then my sympathies for Pakistanis. Yankees will come. Zardaris will loot.

 

[iPhone]

 

[nitetrogen70]

time to go mining

 

[yyetttt]

Allah has gifted Pakistan with great resources, but it's just our stupid leadership.. Go to hell PPP

 

[Kyusuibu Honbu]

This can take Pakistan to top ten nations in gold production

List of countries by gold production

 

[fatman17]

.....all talk and no action.......

 

[T90TankGuy]

If it's true, and since we cant defend it, then it's best to nuke the area and save it for suture generations

way to show confidence in you armed forces mate.

by the way we keep hearing that so many trillions feet of gas has been found then there was something about diamonds mines , now its gold . any plans to extract these ?

 

[Black Widow]

way to show confidence in you armed forces mate.

by the way we keep hearing that so many trillions feet of gas has been found then there was something about diamonds mines , now its gold . any plans to extract these ?

India should file tender to extract the wealth.. Indian companies can make some money from our brothers' land.

 

[T90TankGuy]

India should file tender to extract the wealth.. Indian companies can make some money from our brothers' land.

lets not . they might say we are trying to ruin them and steal all their gold.!!!!

 

[The SC]

The figure of 1000 million tonnes is not correct by any stretch since all the gold in the world that has ever been mined out of the earth is less than 180,000 tonnes. Though he might be talking about the copper ore reserve of the region which also has some gold in it. The ore can be speculated to be 1000 million tonnes which would translate to something like 10 million tonnes of recoverable copper and perhaps a few hundred tonnes of gold worth something like 100 billion dollars in international markets.



---------- Post added at 08:59 PM ---------- Previous post was at 08:57 PM ----------



PS. If true it is going to be like Rico deq mine in estimated reserves. Pakistan can get rich by mining these reserves and supplying it on international markets.

Or might translate to at least 100 million tonnes of recoverable copper yielding thousands of tonnes of gold worth something like a few Trillion dollars in international markets!!!

 

[The SC]

at this time oil and gold dear . but if they found more gold mines with huge quantity its will reduce the value of gold .as more as gold come to market prizes will go down that much . just think abut silver it was more expensive in past but after 80 and 90 discovery of huge silver mines its not much much cheap then before. OIL is power but sadly you can't save it re use it like gold .

at the end i must say no wealth is permanent we are here for few years just enjoy live beautiful life as you like and say bye one day to world.tons of gold can't stop us to be old or die . nothing hold value permanent dear

But it can scare the hell out of India...

 

[The SC]

lets not . they might say we are trying to ruin them and steal all their gold.!!!!

Why India, china has better equipments to do just that.

 

[cloud_9]

1000 million tons gold reservoirs “1000 million tons of gold reservoirs found in Swat” | The News Tribe

Typical ore grades in open-pit mines are 1–5 mg/kg (1–5 ppm); ore grades in underground or hard rock mines are usually at least 3 mg/kg (3 ppm).

For 1000 million tons....the amount of ore processed will be huge and it will probably last a few millennia