ISLAMABAD: Significant progress has been reported on the multibillion-dollar Reko Diq copper and gold mining project, which carries an estimated total cost of more than 10 billion US dollars. In Balochistan news updates, A key agreement for laying a 1,350-kilometre railway track is scheduled to be signed on October 2. In addition, a bridge-financing deal […]
Major breakthrough for Reko Diq copper-gold project Read More »
ISLAMABAD: The Reko Diq copper-gold project has secured $6 billion in funding from the United States, Japan, and top global financial institutions. The Asian Development Bank (ADB) and the World Bank have already approved $1.05 billion. The Special Investment Facilitation Council (SIFC) brokered the deal. It marks Pakistan’s largest-ever foreign investment. Officials call it a
Pakistan secures $6b for Reko Diq copper-gold project Read More »
QUETTA: Reko Diq Mining Company is close to finalising financing for its copper and gold project in Balochistan. Commitments stand at around $6 billion—almost double the amount needed for phase one. The package includes $500 million in support from the United States, The Express Tribune reported. Multilateral lenders have cleared more than $1 billion. The
Reko Diq nears $6b financing deal for copper-gold project in Balochistan Read More »
