Governor of Khyber Pakhtunkhwa addresses mining industry concerns

A recent meeting between the Frontier Mines Owners Association and the Governor of Khyber Pakhtunkhwa shed light on crucial issues affecting the mining industry in the region. The delegation, led by the association's President, expressed concerns about high taxes and challenges in obtaining explosive licenses, which have hampered the industry's growth and impacted stakeholders.

The delegation highlighted a significant increase in mineral royalties, affecting both operational and non-functional mines. They stressed the potential for increased revenue generation if mining activities were to resume in closed mines.

In response, the Governor assured the delegation that their concerns regarding mineral royalties would be conveyed to federal authorities. He also mentioned the government's efforts to expand the tax base across all sectors to bolster the economy.

Recognizing the rich natural resources of Khyber Pakhtunkhwa, the Governor pledged support for the mineral sector and vowed to safeguard the interests of all stakeholders. He underscored the importance of utilizing modern technology for sustainable resource exploitation in the province.

The meeting between the Frontier Mines Owners Association and the Governor of Khyber Pakhtunkhwa highlighted the pressing issues faced by the mining industry in the region. With a commitment to address concerns around taxes, royalties, and licensing challenges, there is hope for a more prosperous and sustainable mining sector in Khyber Pakhtunkhwa. By leveraging modern technology and government support, the industry can thrive while ensuring the protection of stakeholders' interests.