The
following two Companies/Firms having sound financial and technical background,
having vast experience in the field of mineral exploration, processing and
marketing are interested in entering into Joint Venture/ Profit sharing agreement
with the Mines and Minerals Development Department. The Joint Venture /Profit
sharing agreement will be based on sharing net profit with the MDD after value
addition of the extracted material under section 10 and 12 of the Khyber
Pakhtunkhwa Mines and Minerals Act 2017.The companies offered the following
financial contribution in the net profit to the Department against the areas of
interest for the Joint Venture.
|
S. No
|
Name of the Company |
Area and Place of JV |
Profit share of the Department |
|
1. |
ISB Mines |
4000 acres at Garam Chashma at Tehsil and District
Chitral Lower for Base Metals |
12 percent in profit sharing to MDD and 03 percent
contribution in CSR |
|
2. |
ISB Mines |
625 acres at Shogore Aurat Gul District Chitral for Base
Metal |
12 percent in profit sharing to MDD and 03 percent
contribution in CSR |
|
3. |
Global Connection Pvt Ltd |
4400 acres at Tehsil and District Battagram for Base Metals |
12 percent in profit sharing to MDD and 03 percent
contribution in CSR |
|
4. |
Global Connection Pvt Ltd |
4600 acres at Lotkuh Tehsil and District Chitral Lower
for Base Metals |
12 percent in profit sharing to MDD and 03 percent
contribution in CSR |
|
5. |
Global Connection Pvt Ltd |
4000 acres at Domel Nisar Tehsil and District Chitral
for Base Metals |
12 percent in profit sharing to MDD and 03 percent
contribution in CSR |
|
6. |
Global Connection Pvt Ltd |
4000 acres at Arandu Tehsil and District Chitral for
Base Metals |
12 percent in profit sharing to MDD and 03 percent
contribution in CSR |
|
7. |
Global Connection Pvt Ltd |
4000 acres at Arandu Tehsil and District Chitral for
Base Metals |
12 percent in profit sharing to MDD and 03 percent
contribution in CSR |
Profile and other information
of the companies/firms are available at Joint Venture Cell of the Department.
Any
other party having better financial and technical proposal in the areas of
Joint Venture mentioned above can approach this Department within fifteen days
of the publication of this advertisement. The companies/firms that have
submitted the proposals will hold first right of refusal as per the Act. For
further details the interested parties can visit the website of the Department too.
JOINT
VENTURE CELL
Directorate
General Mines and Mineral Khyber Pakhtunkhwa
Attached
Departments near Judicial Complex Khyber Road Peshawar
Ph#
091-9210701
www.kpminerals.gov.pk