Balochistan Governor Sheikh Jaffar Khan Mandokhail, during his recent visit to Karachi, told Daily Times, that Reko Diq is still under process and rumors regarding its closure are erroneous. He said, Reko Diq is merely one portion, the same area has five times larger gold and copper reserves than the Reko Diq Project. While answering […]
Reko Diq
Barrick to delay Reko Diq project amid ME conflict, FT reports
Barrick Mining is delaying its huge copper and gold project in Pakistan due to the Middle East conflict and deteriorating security situation in the South Asian country, the Financial Times reported on Thursday, ?citing correspondence seen by the media outlet. “Following the preliminary findings of the review and in light of the subsequent escalation in […]
Pakistan leverages mineral wealth for economic growth
Pakistan is taking strategic steps to transform its untapped mineral resources into a driver of economic growth, employment, and technological advancement. With trillions of dollars’ worth of copper, gold, lithium, cobalt, rare earth elements, and gemstones, the country has historically underutilized its wealth, resulting in minimal exports and limited benefits for local communities. Read More: […]
The National Interest highlights reforms in Pakistan’s mineral sector
A detailed analysis in The National Interest highlights reforms in Pakistan’s mineral sector. Pakistan possesses untapped mineral resources worth billions of dollars, The National Interest. The country is aligning its mining policies with international standards, The National Interest. Read More: Minerals exploration – A key to country’s economic growth Through transparency and international partnerships, Pakistan aims to […]
Finnish tech giant secures €70 million equipment contracts for Reko Diq mine
As part of the frame agreement announced in August 2025, Reko Diq Mining Company has awarded Metso, a Finnish technology company, with the remaining major contracts to supply advanced Metso Plus beneficiation and dewatering equipment for Reko Diq Mining Company’s copper-gold project in Pakistan. “The total value of these now signed contracts is approximately €70 […]
Shehbaz seeks expanded trade with Australia
Prime Minister Shehbaz Sharif called for expanding trade and investment between Pakistan and Australia during a meeting in Islamabad. He highlighted agriculture and livestock as key sectors for future cooperation. He shared these views while welcoming Australian High Commissioner Tim Kane. He welcomed Australia’s interest in Pakistan’s mining and minerals sector and praised Reko Diq’s […]
Pakistan secures $7B for Reko Diq, strengthens US ties
Pakistan has secured a $7 billion financial close for the Reko Diq copper mining project, strengthening economic ties with the United States. Backed by the International Finance Corporation (IFC) and US EXIM Bank, the project will boost foreign exchange earnings and drive growth. Finance Minister Muhammad Aurangzeb called it a major milestone in Pakistan’s growing […]
Govt aims to ease challenges for Reko Diq, Saindak operators
Minister for Petroleum Ali Pervaiz Malik said on Thursday that the government was working to build a supportive ecosystem enabling companies operating major mining projects such as Reko Diq and Saindak to function effectively in difficult terrains with limited infrastructure. He made these remarks at the Pakistan Business Forum’s session titled Unlocking Pakistan’s Untapped Mining […]
CCP releases first-ever study highlighting gaps in Pakistan’s gold market
ISLAMABAD: The Competition Commission of Pakistan (CCP) has released its maiden Competition Assessment Study of the country’s gold market, marking the first comprehensive, evidence-based examination of the sector’s structure, regulatory framework, and competitiveness challenges. The study was carried out by the CCP’s Centre of Excellence in Competition Law (CECL). Read More: Gold prices surge again across Pakistani […]
Barrick Mining reaffirms commitment to Reko Diq copper project
ISLAMABAD – Barrick Mining Corp has reiterated its commitment to the Reko Diq copper mine in Balochistan, Pakistan, following recent reports suggesting a potential withdrawal from the project. The mine, one of the world’s largest undeveloped copper deposits, is a $7 billion joint venture between Barrick and the Pakistani government. Read More: Barrick Mining considers splitting […]