BUSINESS
06/18/2010 06:45 pm ET Updated May 25, 2011

JPMorgan Sends Mining Team To Afghanistan

WASHINGTON -- Mining companies around the world are eager to exploit Afghanistan's newly discovered mineral wealth, but executives of Western firms caution that war, corruption and lack of roads and other infrastructure are likely to delay exploration for years.

A few high-risk investors are sufficiently intrigued by the country's potential to take an early look. JP Morgan, for instance, has just sent a team of mining experts to Afghanistan to examine possible projects to develop.

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