M/S ISB MINE is a subsidiary company
of the INNO Mines Group (IMG) was founded in 2009 to provide mineral
exploration and exploitation services across Pakistan. Since its inception, the
firm has gained a reputable name in Pakistan Mining sector for the exploration
and exploitation of base metals such as Copper, Lead and Antimony. INNO Mines
Group (IMG) has experience offering impartial consulting services locally for
geological and geophysical investigations, mine and plant operations,
processing and value addition, business development and sales. Over the last 25
years, INNO Mines Group (IMG) has proactively engaged with South Korean Multinational
enterprises and maintained business relationships to develop strong hold in exploration,
mining, operation, and value addition services. The INNO Mines Group (IMG)
Beneficiation facility is located in Hattar Industries Khyber Pakhtunkhwa. The
processing capacity of plant is 300 tons 12 hour per day, if working plans
change to 24/7 then capacity will be increase into 600 ton per day and more
than 8,000 tons of beneficiated Copper have already been exported successfully
to China. Mission is to enhance lives and create wealth via sustainable and ethical
mining. INNO Mines Group (IMG) transforms natural resources into shared benefit
to its stakeholders and setting an industry standard in terms of returns,
safety, social responsibility, and environment al rescue. INNO Mines Group
(IMG) also encourages to assist small scale mining companies to enhance their
mining capability which will further lead to increase their lively hood which
will further benefit Pakistan in terms of increase GDP in mining sector. INNO
Mines Group (IMG) also supports the growth of small-scale mining companies by
providing them with financial aid to expand their mining capabilities and
capacity with the aim of benefiting Pakistan by increasing its mining GDP.
The company is now interested to explore the rich
deposits of Khyber Pakhtunkhwa. During the last couple of years, the company
has grown exponentially and we are now looking to expand to Khyber Pakhtunkhwa.
For this purpose, we have come forth with an investment commitment of Rs.2200
Million over the next couple of years to development and extraction of mineral
deposits in Khyber Pakhtunkhwa. We hope also to invest in creating employment,
improving infrastructure and creating other opportunities for the local
residents of the area as is the core value of our company. The company has
mechanical assets worth more than 1500 Million to deploy on our third project and
immediately create approximately 500 to 800 jobs directly and indirectly over
the next 3 years. From extraction to purification and beneficiation, we have
all the Mining equipment’s, machinery, plants and trained personnel. This gives
me the unique advantage of being the sole stakeholder in the entire
transaction.
FINANCIAL STATUS
The Company has a financial soundness of Rs.
500 Million as working capital as well as assets approx 3000 Million. Lastly,
the Company has a ten Thousand Matric ton of stock Copper ore at plant.
ONGOING PROJECTS OF COMPANY
1: Copper
Mining at Upper Dir
Side
(a)
Pashtan,
and Sadika banday, Almas Bazaar Near Usheri Village District Upper Dir.
Side
(b)
2: Shaheed, Sharingal Village, District Upper Dir.
3: Lead, Copper, Antimony, Mining in Chitral.
4: Nickel, and Coblt, Mining at Mining in Gilgit Baltistan (GB).
PROPOSAL
The company is interested in base metals near Village Aurat Gul, District Chitral of an area 625 acres through Joint Venture Project. The project will be based on profit sharing and value addition agreement, covered under Section 10 and Section 12 of the Mines and Mineral Act, 2017. The company offers shares of 12 percent shares to the Govt of KP and 3 percent as CSR.ALL the mining operations will be carried out by the Company with no share of expenditure of Govt of Khyber Pakhtunkhwa in mining operation and processing of base metals. All the accounts and other information are related to the project will be jointly monitored by a steering committee to be notified by the department.
THE FOLLOWING COORDINATES OF SURVEY OF PAKISTAN TOPO-SHEET # ________________
AS DELINEATED IN THE MAP AT ANNEXURE-A,
NAMELY:
|
S.No |
North (y) |
East (x) |
|
1 |
1305873.09 |
3081197.24 |
|
2 |
1307475.82 |
3082229.73 |
|
3 |
1307736.52 |
3082402.65 |
|
4 |
1307406.02 |
3083530.26 |
|
5 |
1305954.96 |
3082973.17 |
|
Total area |
625 acres |
|
PROFILE
OF THE COMPANY
Profile of the company and
other related information are available at JV cell of Directorate General Mines
and Mineral Khyber Pakhtunkhwa. The Company has first right of refusal if better
proposal is submitted by anyone. This publication is valid for 15 days from
this day and date i.e.19/09/2022.
Note: The detail profile of the company and proposal is available at JV Cell, Directorate General of Mines and Mineral Khyber Pakhtunkhwa.
Regards
Malik Nisar Ahmed
Chief
Executive Officer (CEO)