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Pakistan, Australia eye major mining partnership

Published on: January 28, 2026 9:15 PM

Pakistan and Australia discussed a possible Intergovernmental Agreement to strengthen long-term cooperation in mining and minerals. The proposal aims to support investment, training, and technical assistance in Pakistan’s mineral and gemstone sectors. Officials said the framework would formalize collaboration and attract more Australian companies to major projects.

The discussions took place between Pakistan’s federal petroleum minister and Timothy Kane, Australia’s newly appointed high commissioner. They focused on mining, gemstones, skills development, and modern exploration techniques. The minister highlighted Pakistan’s mineral-rich Tethyan Belt as a key opportunity for sustained investment and capacity building.

Read more: Pakistan, Australia discuss cooperation in mining, gemstones

The agreement would build on a July 2025 Australian initiative linking universities, mining companies, and Pakistani institutions. This program provides specialised training to strengthen local mining expertise. Australian companies have already engaged in exploration in Balochistan, Gilgit-Baltistan, and Azad Kashmir, with additional firms showing interest in projects like Reko Diq.

Both sides also emphasized cooperation in the gemstone sector. They discussed knowledge sharing, technical assistance, and support for value addition and export growth. The minister noted his recent engagement at the International Mining and Resources Conference in Australia, which encouraged further bilateral investment opportunities.

Read more: Match officials announced for Pakistan–Australia T20I series

Officials confirmed that discussions will continue to finalize a framework that promotes sustainable sector growth and long-term economic engagement. The agreement is expected to enhance Pakistan’s mining industry while strengthening ties with Australian investors.

Filed Under: Business, Pakistan Tagged With: Australia investment, gemstones sector, Latest, mineral development, mining cooperation, Pakistan mining, Reko Diq Project

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