This paper examines the rich mineral and energy resources of Afghanistan, and argues that resource extraction by multinational interests need not be a source of conflict. Rather, extraction can be an opportunity to foster lasting cooperation and to build peace. Historical cases are used for analysis and comparison to current projects, including a copper mine and a natural gas pipeline. Many lessons can be gleaned from these cases, and the authors conclude with policy recommendations to move these projects forward efficiently and equitably, and to take full advantage of opportunities for development and regional cooperation.