Khyber Pakhtunkhwa is endowed with vast mineral resources that include precious and base metals, non-metallic minerals, precious and semi-precious stones and also materials used in the construction industry. Although some of these resources have gone through some stages of development, yet statistics indicates that there is still potential for further investment in the mineral sector of Khyber Pakhtunkhwa. The priority of Khyber Pakhtunkhwa Government is that with least impact on the environment, to explore, mine, process and market minerals scientifically, and in the spirit of absolute transparency and diligence, such that this industry underpins broad-based job creation, poverty alleviation, economic growth and mineral supply through viable mines and mineral businesses.
The Federal and Provincial Governments are also cognizant of the need to keep pace with the changing international investment climate, and the important objectives which need to be satisfied in order to secure foreign and local private risk capital investment into the mineral sector. The development of the mining sector will significantly contribute to the development of the country’s economy by increasing the gross domestic product (GDP), creating new employment opportunities and opening the international market for export. Domestic and foreign venture capital is beginning to recognize Khyber Pakhtunkhwa minerals as an untapped business opportunity. With greater provincial autonomy, and the fact that the ownership of minerals vests with the provinces, the reach of investors to concern authorities has been made easy by this Government.