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PMDC official killed in IED blast in Quetta

01:48 PM | 9 Oct, 2023
Quetta blast
Source: Twitter

QUETTA – A police officer confirmed that a targeted bomb attack occurred on the outskirts of Balochistan’s provincial capital, resulting in the death of a senior Pakistan Mineral Development Corporation (PMDC) official on Sunday.

The PMDC plays a significant role in the exploration and extraction of Pakistan’s mineral resources, which are crucial for addressing the country’s economic challenges.

According to Senior Superintendent of Police (SSP) Jawad Tariq, the targeted individual, Mirza Shabbar Ali, served as the PMDC project manager for the Sor Range mining facility. He was traveling to the mining site from his residence when an improvised explosive device (IED) detonated, resulting in Ali’s immediate death. His driver sustained serious injuries and was transported to Quetta for medical treatment. The provincial counterterrorism department has initiated an investigation into the incident.

Although no group has claimed responsibility for the attack at this time, Baloch separatist organizations have previously targeted security forces and mine workers in the region, particularly due to its rich coal deposits.

The PMDC operates as a semi-autonomous entity under Pakistan’s Ministry of Petroleum and Natural Resources, focusing on extracting resources like coal, salt, and silica sand from mining fields. Balochistan has experienced a longstanding insurgency by nationalist groups in the southwestern region, protesting the perceived exploitation of the province’s resources by the federal government.

In August, Pakistan hosted an international conference in Islamabad to showcase its vast mineral deposits estimated at around $6 trillion. The event aimed to attract foreign investors and diplomats to leverage these natural resources for economic development. Many of these mineral reserves are located in Balochistan, making the province a focal point for potential investments.

https://en.dailypakistan.com.pk/10-Apr-2023/at-least-four-killed-11-injured-in-quetta-blast

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 9 Dec 2023

Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Saturday.

Dollar Rate in Pakistan Today

On Saturday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.

Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar USD 283.4 285.95
Euro EUR 307 307
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 755.82 763.82
Canadian Dollar CAD 209 211
China Yuan CNY 39.82 40.22
Danish Krone DKK 41.14 41.54
Hong Kong Dollar HKD 36.37 36.72
Japanese Yen JPY 3.41 3.52
Kuwaiti Dinar KWD 922.14 931.14
Malaysian Ringgit MYR 60.82 61.42
New Zealand Dollar NZD 175.33 177.33
Norwegians Krone NOK 26.12 26.42
Omani Riyal OMR 738.71 746.71
Qatari Riyal QAR 78.07 78.77
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.32 27.62
Swiss Franc CHF 324.5 327
Thai Bhat THB 8.08 8.23

Gold remains under pressure in Pakistan; Check today gold rates here

Gold prices witnessed negative trend in local markets in line with the trend in the international market.

Gold Rates in Pakistan Today - 9 December 2023

On Saturday, the price of a single tola of 24-karat gold stands at Rs217,600, and 10 grams of 24k gold costs Rs186,560.

Single tola of 22 Karat Gold price costs Rs199,465, 21 karat rate per tola costs Rs190, 400 and 18k gold rate is Rs163,200.00 for each tola.

In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Saturday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,600 PKR 2,530
Karachi PKR 217,600 PKR 2,530
Islamabad PKR 217,600 PKR 2,530
Peshawar PKR 217,600 PKR 2,530
Quetta PKR 217,600 PKR 2,530
Sialkot PKR 217,600 PKR 2,530
Attock PKR 217,600 PKR 2,530
Gujranwala PKR 217,600 PKR 2,530
Jehlum PKR 217,600 PKR 2,530
Multan PKR 217,600 PKR 2,530
Bahawalpur PKR 217,600 PKR 2,530
Gujrat PKR 217,600 PKR 2,530
Nawabshah PKR 217,600 PKR 2,530
Chakwal PKR 217,600 PKR 2,530
Hyderabad PKR 217,600 PKR 2,530
Nowshehra PKR 217,600 PKR 2,530
Sargodha PKR 217,600 PKR 2,530
Faisalabad PKR 217,600 PKR 2,530
Mirpur PKR 217,600 PKR 2,530

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