Home » Pakistan discovers Rs 800 billion worth of gold reserve in the Indus River

Pakistan discovers Rs 800 billion worth of gold reserve in the Indus River

by Haroon Amin
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In a remarkable development, former Punjab Mining Minister Ibrahim Hassan Murad has announced the discovery of a massive gold reserve in the Attock district. The deposit, confirmed through rigorous research and verified by the Geological Survey of Pakistan, contains an estimated 2.8 million tolas of gold, valued at a staggering 800 billion PKR.   

The gold reserve spans an extensive 32-kilometer stretch in Attock, unveiling Punjab’s untapped potential in natural resources. Sharing the news on social media platform X, Ibrahim Hasan Murad highlighted the monumental significance of the discovery, stating, “Massive Gold Deposit: 2.8 million tolas confirmed through extensive research.”   

This finding is anticipated to have far-reaching impacts on Pakistan, particularly as the country is being grappling with a challenging economic situation from decades marked by cash shortages and fiscal pressures. The discovery not only underscores the wealth of natural resources in Punjab but also presents an opportunity to bolster the economy through the potential extraction and export of this precious metal.   

Read more: Gold price per tola increases Rs 2,200 to Rs 276,900 in Pakistan

The Geological Survey of Pakistan played a pivotal role in validating this discovery, further helping to solidify its credibility. Experts believe that the reserves if managed and developed effectively, could contribute significantly to economic stability and growth. “This is a total game-changer for Punjab and Pakistan,” remarked an industry analyst. “Such a discovery can attract FDI in PK, creating more jobs, and reducing dependency on imported gold.”   

After that comes the next step which is to create strategies for sustainable extraction and utilization. Developing a robust mining plan holds immense importance as it helps in minimizing environmental impact while maximizing economic benefits will be critical. Additionally, legal and regulatory frameworks need to be established to make certain that the proceeds from this treasure trove benefit the public and contribute to long-term national development.   

The discovery has already sparked widespread interest, and people are discussing its massive potential for changing the economic trajectory of the country and giving a boom to its economy to flourish. For the people of Punjab and Pakistan, this could mark the beginning of a new era, one where the country’s rich natural resources pave the way for a brighter and more prosperous future.   

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