Pakistan Atomic Energy Commission (PAEC) has told the government that there is no indication of radiological risk to the public, residing in surrounding areas of Karak (NWFP), due to uranium extraction activities of Shanawa Uranium Mining Project, MPB2, official sources told Business Recorder on Wednesday.
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The Geological and Mines Bureau has requested the External Resources Department and donor agencies like JICA and the Russian government to install four short period network systems to monitor local earth tremors like Wednesday's since the monitor at Pallekele was a Broad Band station to monitor the whole region, Director Dr. Kithsiri Dissanayaka said yesterday.
More than one hundred licenses will be issued to national and international firms shortly by allocating of a vast area in different districts of Northern Areas for exploration of multi-billion dollars minerals including gold, copper, lead and coal besides precious stones.
Federal Government has allocated an amount of Rs 580 million for the growth of mineral sector by 2 percent in 2009-10, which is facing still unpredictable situation in certain mineral potential areas due to the law and order problem. According to official sources, mineral potential of Pakistan was recognised to be excellent but the sector was inadequately developed.