Prequalification Mining Eights


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Date : 2011-03-19

Prequalification Mining Eights


Description :

Prequalification Mining Eights

Azad Kashmir Mineral and Industrial Development Corporation, Muzaffarabad

Investment Opportunities in AJ&K Mineral Sector Prequalification/Offers for Exploitation

Prequalification/offers from established national/international mining companies/firms/individuals are invited for acquiring mining rights of following mineral deposits exclusively on private and or public-private partnership basis

Sr. NO

Mineral Deposit





Nangimali District Neelum

40 million Gram



Dudyal District Mirpur

04 Million Tons



Shounthar Nala District Neelum

01 Million tons

Government of Azad Jammu and Kashmir through its Mineral Development Corporation (AKMIDC) has established above mentioned mineral deposits. Reserve estimation and other studies of studies of these deposits have been made adhering to standard international practices with the technical assistance of United Nations Development Program (UNDP) and European Economic Commission (EEC). Comprehensive bankable feasibility studies (requiring cost updating) covering reserve estimation, mine development /commercial exploitation, processing, marketing and financial analysis etc. prepared by reputable mining consultancy firms are available. Feasibility of each mineral deposit can be obtained on payment of Rs. 50,000/-

Interested companies/firms/individuals are required to submit Technical Proposals (for Prequalification) and Financial Proposals / offers for acquiring mining rights exclusively on private and or public –Private partnership basis in separate envelopes. The weightage of technical & financial proposal shall be 30:70 respectively. The Technical Proposals should include following information duly supported by necessary documentation.

  1. Name of Company/firm/individual with complete address: telephone/fax number, Email address. Foreign investors (company/firm/individual) are also entitled to participate provided incorporated/registered in Pakistan.
  2. Proof of financial strength and net worth of the bidding company/firm/individual from any scheduled bank governed by state Bank of Pakistan.
  3. In case of foreign company/firm/individual, they shall have to get themselves duly registered/incorporated with Board of Investment/Securities and Exchange Commission of Pakistan before filling the application.
  4. In case of already exciting company/firm and audited statement of accounts for the previous three years is required. In case of new company /firm a financial soundness certificate from any banking institution will be required along with last one year transaction statement.
  5. National Tax Number and C.N.I.C of the individual/company/firm, its directors/managing partners and parties in individual capacity shall be submitted.
  6. Details of experience in mineral projects including, operating and managing mines, so far handled with scope of work, cost & period of operation. List of qualified mining personnel engaged with bio-data, address, qualification and experience shall be provided.
  7. Details of necessary equipment (mining machinery, earth moving and processing) which could be utilized for mining operations.
  8. Affidavit that the company/firm is not blacklisted by any government or semi government Organization in the last five years nor involved in litigation with any client/organization/government/semi-government of semi government organization in the last five years nor involved in litigation with any client. Organization/semi o government/ autonomous agency. Otherwise a brief description of litigation or arbitration and its results thereof must be provided.
  9. any additional information, which any help establish the pre-qualification credentials of the company/firm.

Financial Proposals:

The Financial Proposals should be in accordance with terms and conditions, which can be obtained from the secretary committee.

Incomplete information/documents supplied may render the company/firm/individual disqualified. Applications for prequalification (Technical Proposals and Financial Proposals addressed to the secretary committee should be sent in separate sealed envelopes, marked as “Technical Proposals” and ‘financial Proposals” on under mentioned address. The last date for receipt of application is 18/04/2011.

Applications received after due date will not be entertained. The competent authority reserves the right in its sole discretion to reject (any or all) or accept any application without assigning any reason thereof.

For terms and conditions or any further information please contact the administration on working days between 8:00 AM to 2:30 PM.

Chairman AKMIDC: 92(0) 5822-921578

Fax: 92(0) 5822-921576

Khawaja Abdul Hamid

Chief Geologist AKMIDC, Secretary Committee

Near AIMS Hospital Ambor, Muzaffarabad. Azad Kashmir

92(0) 5822-921580

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