Proposals from top international mining companies are being sought by the Ministry of Natural Resources (MNR) of the Kurdistan Regional Government (KRG) of Iraq for the development of several mining projects in the region.

According to the available data, historical reports, and recent investigations, the MNR has identified seven prospective blocks for investment, said an  Iraq Business News report.

All seven blocks are believed to hold sufficient mineral deposits for the purposes of commercial extraction.

A formal request for proposal (RFP) for each of these blocks will be issued following a review of the expressions of interest (EoI) received.

Interested parties that demonstrate requisite capability and alignment with the MNR’s requirements will be invited to submit proposals for one or more blocks.

Those chosen parties will be asked to sign a confidentially agreement with the MNR, after which they will receive a comprehensive data package pertaining to the seven prospective blocks that have been identified. The package will include a GIS database and geological reports.