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Convenient Timing of “Newly Discovered” Mineral Assets in Afghanistan

14 Monday Jun 2010

Posted by Craig in Afghanistan, war on terror

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Afghanistan, mineral deposits, newly discovered, no-bid contracts, Pentagon, previously unknown, Soviets

Speaking of Afghanistan, with nothing but bad news coming out of there lately, I find the timing of the announcement of these “previously unknown” and “newly discovered” mineral deposits just a little too convenient. Mostly because they are neither previously unknown nor newly discovered. Sounds to me like a good excuse reason for us to stay indefinitely.

“The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials.

The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe.

[…]

The value of the newly discovered mineral deposits dwarfs the size of Afghanistan’s existing war-bedraggled economy, which is based largely on opium production and narcotics trafficking as well as aid from the United States and other industrialized countries.”

But later in the article it says that in 2004 American geologists “stumbled upon” some old charts and data that had been compiled by Soviet mining experts during their occupation of Afghanistan in the 1980’s.

“Armed with the old Russian charts, the United States Geological Survey began a series of aerial surveys of Afghanistan’s mineral resources in 2006, using advanced gravity and magnetic measuring equipment attached to an old Navy Orion P-3 aircraft that flew over about 70 percent of the country.

The data from those flights was so promising that in 2007, the geologists returned for an even more sophisticated study, using an old British bomber equipped with instruments that offered a three-dimensional profile of mineral deposits below the earth’s surface. It was the most comprehensive geologic survey of Afghanistan ever conducted.

The handful of American geologists who pored over the new data said the results were astonishing.

But the results gathered dust for two more years, ignored by officials in both the American and Afghan governments.”

So why release it now? Something’s rotten in Kabul—and at the Pentagon. For instance:

“The Pentagon task force has already started trying to help the Afghans set up a system to deal with mineral development. International accounting firms that have expertise in mining contracts have been hired to consult with the Afghan Ministry of Mines, and technical data is being prepared to turn over to multinational mining companies and other potential foreign investors. The Pentagon is helping Afghan officials arrange to start seeking bids on mineral rights by next fall, officials said.”

Since when did the Pentagon get into the mineral development business? I smell another round of no-bid contracts in the near future. Does Halliburton do mining?

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