Tag: Reko Diq
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Petroleum minister, Barrick chairman discuss future of Reko Diq project
Ali Pervaiz Malik, Federal Minister for Petroleum, held a meeting on Sunday with John L. Thornton to review progress and discuss future plans regarding the Reko Diq copper-gold project.
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Barrick confirms commitment to $7B Reko Diq copper mine in Pakistan
Barrick Mining Corp has reaffirmed its commitment to the Reko Diq copper and gold project in Balochistan, Pakistan, amid reports of a potential corporate withdrawal or asset sale. The $7 billion project, held in equal partnership with Pakistani authorities, is one of the world’s largest undeveloped copper deposits and is expected to begin production by…
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PPL Explores Engagement with Sovereign Foreign Investors in Reko Diq Project
In a strategic move to enhance the development prospects of the Reko Diq Project, Pakistan Petroleum Limited (PPL) announced its intention to explore potential engagement with sovereign foreign investors.
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Pakistan signs deal to explore largest gold reserves
ISLAMABAD: Pakistan on Sunday signed a new agreement on a framework to reconstitute the Reko Diq project and a pathway for Antofagasta to exit the project. Finance Minister Shaukat Tarin said at a press conference. He said Governments of Pakistan and Balochistan, Antofagasta plc, and Barrick Gold Corporation have reached agreement in principle on a…
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