The Kabul Times.
National

MoMP cancels Takhar gold mine contract

KABUL: Ministry of Mines and Petroleum in a statement on Wednesday said that has cancelled the contract for exploration of Nuraba gold mine in Chah Ab district of northern Takhar province.
According to the statement. the contract had been signed with West Land General Trading (WLGT) company on May 6, 2008.
The exploration phase of the project was expected to cost 50 million afghanis while the second phase of the mine utilization was to cost two billion Afghanis.
The statement said the contract for the project was canceled following a report from the joint delegation for evaluation of the contract and decision of the National Procurement Commission (NPC) due to non-fulfillment of obligations mentioned in the agreement such as non-payment of debts.
The NPC has directed the Ministry of Economy, Ministry of Justice, MoMP and National Procurement Authority (NPA) to assess the debts issue of the company on legal grounds.
The Kabul Times

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The Kabul Times.