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PMIF 2026: Significant placer gold found in Punjab rivers, says CM Maryam

Chief Minister of Punjab Maryam Nawaz Sharif said on Thursday there was significant evidence of placer gold in all five rivers of Punjab, particularly in Mianwali and Attock districts, and invited international investors to help develop the resource. Speaking at Pakistan Minerals Investment Forum 2026 (PMIF26) in Islamabad, Sharif held up what she described as a sample of pure gold recovered from…

PMIF 2026: Significant placer gold found in Punjab rivers, says CM Maryam

Chief Minister Maryam Nawaz Sharif announced significant placer gold discoveries in Punjab's five rivers during the Pakistan Minerals Investment Forum 2026 (PMIF26) in Islamabad. Speaking specifically about Mianwali and Attock districts, Sharif displayed a sample of pure gold recovered from river sand, asserting that extensive surveys are underway to determine the exact quantity of the deposit.

She emphasized that the gold was found intermingled with sand and gravel containing other rare earth and precious minerals, potentially equal in value to the gold itself. Sharif invited international investors to collaborate in the development of this resource, aiming to transform it into shared prosperity. This announcement is part of a broader initiative to formalize Punjab's mining sector, with government revenue for the Mines and Minerals Department increasing from Rs10 billion to Rs40 billion in just two and a half years under her leadership.

She framed Pakistan as a "pot of gold," urging exploration to convert the raw mineral wealth into tangible economic benefits. PMIF26, hosted by Pakistan, brings together global leaders, mining executives, investors, policymakers, and industry experts to explore investment opportunities in the country's vast mineral sector, focusing on critical minerals, sustainable mining practices, and transparent, responsible sector growth.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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