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 »
QUETTA: Chief Minister Sarfaraz Bugti on Thursday stressed the significance of the country’s largest mining project, Reko Diq, saying the project would benefit Balochistan. Addressing a large jirga held in Dalbandin city of Rakhshan Division, the Chief Minister said that Balochistan will get a 25 percent share in the Reko Diq project. The jirga was
Balochistan to receive 25% share in Reko Diq profits: CM Bugti Read More »
ISLAMABAD: US Chargé d’Affaires Natalie A. Baker has stated that the Reko Diq project in Balochistan offers significant economic potential for both Pakistan and American businesses. Speaking during a recent briefing, she remarked that the project could open up export opportunities worth $1 billion for US companies. She emphasized that such initiatives represent strong investment
Reko Diq offers $1 billion export potential for US firms: US diplomat Read More »
