{"id":67437,"date":"2020-07-03T16:26:54","date_gmt":"2020-07-03T11:26:54","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=67437"},"modified":"2020-07-03T16:26:55","modified_gmt":"2020-07-03T11:26:55","slug":"balochistan-issues-noc-to-chinese-firm-for-exploration-in-saindak","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/balochistan-issues-noc-to-chinese-firm-for-exploration-in-saindak.html","title":{"rendered":"Balochistan issues NoC to Chinese firm for exploration in Saindak"},"content":{"rendered":"\n<p>Quetta: The Balochistan government on Monday allowed a Chinese firm to explore and develop the East Ore Body in the Saindak lease area \u2014 with a no-objection certificate (NoC) having been issued for the purpose, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pakistan-gets-usd-1-3bn-loan-from-chinese-banks.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan gets USD 1.3bn loan from Chinese banks<\/a><\/p>\n\n\n\n<p>The firm in charge of the project is called the Metrological Construction Company of China (MCC), and it is locally registered as Saindak Metals Limited (SML). As per the official sources, the provincial government has granted the company a 15- year extension to explore the East Ore Body site after the expiry of its current contract on October 31, 2022.<\/p>\n\n\n\n<p>Reportedly, the MCC firm has been working on the Saindak-Gold-cum-Copper Project since 2002. It applied to the Balochistan Mines and Mineral Department for permission to start the <a href=\"https:\/\/www.zameen.com\/news\/govt-approves-funds-for-uranium-exploration-in-kohat-bannu.html\" target=\"_blank\" rel=\"noreferrer noopener\">exploration work<\/a> on the East Ore Body of the Saindak lease area, as its exploration work at the present Saindak site is nearing its end.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/chinese-firm-to-conduct-leh-expressway-feasibility-study.html\" target=\"_blank\" rel=\"noreferrer noopener\">MoU signed with Chinese firm to conduct feasibility study of Leh Expressway<\/a><\/p>\n\n\n\n<p>An official letter sent to the Petroleum Division of the Ministry of Energy stated that the aforementioned extension offered by the provincial government would bring in an estimated investment of USD 45 million by the MCC-SML. However, the letter also said that the mining lease of the firm (valid till 2025) would be dealt with separately, under the provisions of the Balochistan Minerals Rules, 2002.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quetta: The Balochistan government on Monday allowed a Chinese firm to explore and develop the East Ore Body in the Saindak lease area \u2014 with a no-objection certificate (NoC) having been issued for the purpose, according to news sources. Read: Pakistan gets USD 1.3bn loan from Chinese banks The firm in charge of the project is called the Metrological Construction Company of China (MCC), and it is locally registered as Saindak Metals Limited (SML). As per the official sources, the provincial government has granted the company a 15- year extension to explore the East Ore Body site after the expiry of its current contract on October 31, 2022. Reportedly, the MCC firm has been working on the Saindak-Gold-cum-Copper Project since 2002. It applied to the Balochistan Mines and Mineral Department for permission to start the exploration work on the East Ore Body of the Saindak lease area, as its exploration work at the present Saindak site is nearing its end. Read: MoU signed with Chinese firm to conduct feasibility study of Leh Expressway An official letter sent to the Petroleum Division of the Ministry of Energy stated that the aforementioned extension offered by the provincial government would bring in an&hellip;<\/p>\n","protected":false},"author":75,"featured_media":67508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385,15017],"tags":[33590,33592,33593,33591],"persona":[],"class_list":{"0":"post-67437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"category-notices-announcements","9":"tag-balochistan-issues-noc-to-chinese-firm-for-exploration-in-saindak","10":"tag-east-ore-body","11":"tag-metrological-construction-company-of-china-mcc","12":"tag-saindak-lease-area","13":"cat-20385-id","14":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Balochistan issues NoC to firm for exploration in Saindak - Zameen News<\/title>\n<meta name=\"description\" content=\"The Balochistan government on Monday allowed a Chinese firm to explore and develop the East Ore Body in the Saindak lease area\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/balochistan-issues-noc-to-chinese-firm-for-exploration-in-saindak.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Balochistan issues NoC to firm for exploration in Saindak - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Balochistan government on Monday allowed a Chinese firm to explore and develop the East Ore Body in the Saindak lease area\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/balochistan-issues-noc-to-chinese-firm-for-exploration-in-saindak.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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