Pakistani companies showcase rich gemstones and minerals, drawing global interest at Nanjing expo
Key Takeaways
• Pakistani companies are showcasing a wide variety of gemstones and minerals at the China Nanjing International Expo, attracting strong international interest.
• Pakistan holds significant gemstone reserves with 18 types of gemstones and 178 mining licenses, particularly in northern and northwestern regions.
• The country is actively promoting its mining sector through international expos and summits to boost exports and economic growth.
Money Matters Monitoring – Around 10 Pakistani companies are proudly exhibiting a dazzling range of precious gemstones and minerals at the ongoing China Nanjing (International) Mineral, Gemstone & Fossil Expo, held from May 15 to 19. This prestigious event has brought together over 500 exhibitors from more than 50 countries, highlighting Pakistan’s rich geological wealth and growing trade ties with China.
Pakistani exhibitors are presenting an impressive collection of emeralds, tourmalines, topaz, morganite, quartz, aquamarine, pyrite, marble, and onyx sourced from mineral-rich regions such as Gilgit Baltistan, Balochistan, and Khyber Pakhtunkhwa. The display has attracted significant interest from international buyers and collectors, underscoring Pakistan’s potential as a key player in the global gemstone market.
The country boasts 18 types of gemstones with 178 major mining licenses issued, emphasizing its vast untapped mineral resources. Industry representatives like Ghulam Mustafa of Fine Art Minerals highlighted that Pakistan’s geological treasures extend beyond gemstones to industrial minerals, reflecting expanding trade relations with China.
This participation follows Pakistan’s recent hosting of an international minerals summit in Islamabad, which aimed to attract foreign investment into the mining sector. The summit featured global players such as Canada’s Barrick Gold and government officials from the US, Saudi Arabia, China, and other countries, signaling Islamabad’s commitment to boosting exports and sustainable economic growth through its natural resources.
