KP mining contracts: NAB seeks records over Rs4.93bn auctions

NAB has sought records from the KP Minerals Department on KP mining contracts worth about Rs4.93 billion for four gold blocks along the Indus River.

The National Accountability Bureau has sought records of disputed gold mining contracts from the KP Minerals Department.

An official report from October 2024 says four placer gold blocks were auctioned for a combined Rs4.93 billion.

Concerns include base prices set without an accurate gold reserve assessment and alleged breaches of the Mineral Auction Rules 2022.

Allegations include unauthorised use of more than 1,500 excavators and mining without environmental approvals.

All of these points are allegations under scrutiny, not settled conclusions.

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