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| Geological Survey for Gemstones Resources. |
Location: Northern Areas, NWFP, Balochistan |
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At present, there is no scientific quantification of existing and potential deposits in Balochistan. The geological survey for gem deposits in NWFP and Northern Areas was conducted approximately 20 years ago. Furthermore, the recent earthquake may have altered the geological composition of these regions. The Gems and Jewelry SWOG has identified the need to conduct a geological survey of all three areas as one of its main strategic initiatives to quantify existing deposits and identify potential mining locations. This is a crucial requirement if Pakistan is to develop and sustain competitiveness in the long-run. Determining the size and nature of a deposit is a pre-requisite for effective allocation of resources: |
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If the deposit is small and high-grade than demand will encourage a small industry with low to medium machinery and premium margin strategy; |
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Where the deposits are large, low-value yet in great demand, investment should focus on efficient, automated, engineering driven mining and processing since time-to-market and cost will determine market success; |
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Innovation, a key component of branding and sustainable development, will be generated as the discovery and branding of new types of stones provides opportunities to strengthen Pakistan's positioning as a unique source, and help to improve margins along the value chain. Tanzanite is a prime example of how sourcing and distribution benefited from controlling supply to position this stones as a premium branded offering. |
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The strategy implementing body will lobby with the Pakistan Geological Survey and possibly external resources to conduct the survey. Once GSP decides to undertake the survey, the implementing body will work closely with GSP to define specifically what is required form the survey. It has been identified that each mine's deposit potential needs to be verified along with information on how much has been depleted. The implementing body will also work with GSP to assist them in project funding and technical support.
The Geological Survey will lead to greater exploration and exploitation of Pakistan's gemstone resources by assisting the mining industry in identifying potential investment opportunities. It will also assist in attracting more investment in mining leading to an increase in employment opportunities and up-gradation of mining technology and processes. |
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