Reko Diq copper and gold project, raising its total funding to Rs. 68.1 billion. This highlights the company’s long-term commitment to developing one of the largest mining projects in Pakistan, even as security concerns in Balochistan are under review.
The fresh funds were contributed through Pakistan Minerals Private Limited, which manages the federal government’s share in the project. Canada-based Barrick Mining Corporation owns 50 percent of Reko Diq, while the remaining 50 percent is shared between Pakistani state-owned enterprises and the Government of Balochistan. The operator is actively reviewing security arrangements and development timelines to ensure safe and efficient operations.
Officials emphasized that the Reko Diq project remains a top priority, with provincial leadership assuring investors of strong security measures and operational continuity. Simultaneously, Pakistan Petroleum Limited continues to expand its energy and exploration portfolio, partnering with both domestic and international stakeholders to strengthen Pakistan’s position in the mining and energy sector
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