CHAGAI: In a significant boost for local talent, the Reko Diq Mining Company (RDMC) has officially announced the results of its scholarship entry test, with 53 talented students from Chagai district securing fully funded positions in a prestigious academic program. The successful candidates have been selected for a six-month foundation program at the Institute of […]
Reko Diq awards 53 scholarships to Chagai students Read More »
Islamabad: A significant breakthrough has emerged in the Reko Diq project as the US EXIM Bank has officially approved financing worth $1.25 billion. This decision is being viewed as a vital step toward accelerating the project, boosting foreign investment, and energizing economic activity across Balochistan. According to Natalie Baker, the approved financing will play a
EXIM Bank approves $1.25 Billion for Reko DIq Read More »
CHAGHI: A meeting of rhe Reko-Diq mining Company and the Nokundi Assocation was held today. The Reko-Diq Mining Company (RCMC) and the Nokundi Traders Association vow to cooperate to increase the expertise of the regional traders, promoting the partnership opportunities and the strengthening the efficiency of the local traders. The meeting was attended by the
The Reko-Diq Company to provide training to the trader Read More »
ISLAMABAD: In a major step forward for Pakistan’s economy, a multi-billion dollar financing agreement has been finalized for the development of the massive Reko Diq copper and gold mining project in Balochistan. The project is now moving firmly into its next phase, with funding secured from a consortium of major international financial institutions . The $3.5
$3.5bn financing deal finalized for Reko Diq project with six donor agencies 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 »
ISLAMABAD: Pakistan has received investment offers worth over $5 billion from global financial institutions and multinational donors for the development of the Reko Diq gold and copper mining project in Chagai district, Balochistan. As per the credible sources, the prominent international financiers expressing interest include the Asian Development Bank (ADB), Islamic Development Bank (IDB), International
Pak receives $5 billion investment offers for Reko Diq Mining Project Read More »
QUETTA: The Reko Diq Mining Company (RDMC) has made crucial financial contributions to the provincial government, paying over $28 million in taxes, royalties, and community investments as of June 2025. These figures were revealed during a detailed media briefing held on Thursday to share the ongoing progress of the Reko Diq project one of Pakistan’s
Reko Diq boosts Balochistan economy with $28m+ taxes Read More »
QUETTA: Samia Ali Shah, Barrick Gold Company’s Communications Officer has said that production at the Reko Diq copper and gold project is expected to commence by 2028. Samia Ali Shah said this while addressing a media briefing at a local hotel in provincial capital. She shared key details about the project’s timeline, employment plans, and
Reko Diq Copper-Gold project to create 25,000 job opportunities for locals Read More »
QUETTA: Former senator Nawabzada Haji Lashkari Raisani has urged the people of Balochistan to take control of their land and future. He said Balochistan’s problems must be solved through unity, not miracles. Speaking at Sarawan House on Tuesday, Raisani criticized both past and present assemblies. He said the previous assembly surrendered Reko Diq. Now, the
Political Mafia Selling Balochistan’s Future: Raisani Read More »
QUETTA: The CEO of Canadian mining firm Barrick Gold says the Reko Diq project will bring “generational benefits” to Balochistan. He made the remarks during a visit to Humai village, located near the copper and gold mine site in District Chagai. Reko Diq is one of the world’s largest untapped copper-gold deposits. Barrick Gold owns
Reko Diq to Bring Generational Benefits to Balochistan: Barrick CEO Read More »
