Is there gold in Kurdistan?

Is there gold in Kurdistan?

There is high potential for deposits of metals such as iron, chromium, nickel, platinum, gold, copper, barite, and zinc in a 15-25-kilometre-wide mountainous belt running across the Kurdistan Region. Other areas of the Kurdistan Region are likely to be rich in limestone, gypsum, sands, clays, gravel and evaporates.

What natural resources does Kurdistan have?

The Kurdistan Region is a resource-abundant region in northern Iraq. It has proven reserves of 45 billion barrels of oil and 3–4 trillion cubic meters of gas (Oil and Gas Year, 2014).

How does Kurdistan make money?

The Kurdistan region’s economy is dominated by the oil industry, agriculture and tourism. Due to relative security and peace in the region and more economically liberal and market-oriented policies, it has a far more developed economy in comparison to other parts of Iraq.

Does Iraq have natural gold?

Recent Gold Discoveries in Iraq Recent discoveries have indicated enormous deposits of gold in the eastern Baghdad region as well as in the Western desert and Kurdistan areas. Mining operations are already in progress in Aldajh area.

Can gold be found in Iraq?

It’s only recently that Iraq has come to the forefront of gold mining in the world. But the country has a very rich history in this sector. Gold mining activities in the country trace back to 4000 BC during the Sumerian civilization.

What mineral is Iraq rich in?

Besides being a chief producer of natural gas and crude oil, the country also produced small quantities of sulfur, cement, bauxite, clays, limestone, gypsum, bentonite, salt and kaolin.

What minerals are found in Iraq?

In addition to above there are salt mines, industry minerals (such as gypsum, limestone, dolomite and marble) enormous proven reserves of 95% quartz sand (SIO2) which has great potential for solar energy industry to be developed, and heavy mineral sand, bauxite, ironstones, Glauberite, Celestine, Porcelanite (Opal) …

What is the price of gold in Iraq?

Todays Gold Rate in Iraq in US Dollars

Qty 24Ct Gold Rate 22Ct Gold Rate
1 Gram USD 63.04 USD 57.79
1 Tola USD 735.32 USD 674.04
8 Grams USD 504.34 USD 462.31
10 Grams USD 630.43 USD 577.89