ISLAMABAD – The Saindak Metals Limited (SML) has mined around 68.5 milliontons (mt) ore from the project site and paid $ 80.448 million royalty tothe Balochistan government during a period of 14 years from 2003-2017.All activities at the field are well- documented and verified by differentgovernment agencies including Customs, Export Promotion Zone Authority(EPZA), Federal Board of Revenue and Directorate General of Mines andMinerals, Balochistan, official sources told APP.They said the commodities entering or taken away from the project area weredocumented by both the EPZA and Customs authorities at the project site.“The product export from Saindak to Karachi is treated as “boundedconsignment.”They said the Chief Instructor of Mines Balochistan regularly monitored themining operations to ensure safety and health of workers, besides,technical experts and mining engineers were deployed to monitor theoperational activities.“Mining and extraction of products for sale are weighed and sampled at thelaboratories there,” the sources said adding that accounts of thecontractor were audited by a reputed Pakistani chartered accountant firmappointed in consultation with the SML.
68 million tons ore mined from Saindak Mines by SML: Report
