Pakistan: Mining sector has massive potential
MINING surely plays a pivotal role in the economic development of countries endowed with natural resources. While Chile and Peru are long-standing leaders in copper and gold production, Pakistan is…
$6.4 billion Reko Diq deal set for signing next month
Production is expected to begin approximately three years after financial closure The signing of the $6.4 billion Reko Diq mining project deal is expected next month, as final arrangements for…
Phase-II of Reko Diq: Centre vows full financial support
The federal government has assured full financial support to finance phase-II of Reko Diq project as per the already prescribed criteria between the Centre and Balochistan province. This assurance was…
Pakistan: Minerals policy to be unveiled at PMIF25
The framework has been developed through extensive consultation with key stakeholders Pakistan has already chalked out a $1.9 billion funding plan to execute the Reko Diq copper and gold mining…
All eyes on IFC chief visit amid $20bn boost for Pakistan’s private sector
Most promising investment IFC has in Pakistan is its substantial financing in Reko Dig mining project Mukhtar Diop, Managing Director International Finance Corporation (IFC), is arriving Friday in Islamabad –…
Pakistan, Saudi Arabia advance towards finalising multibillion-dollar Reko Diq deal
KSA to acquire 10% stake initially; foreign exchange agreement reached Pakistan and Saudi Arabia are nearing the finalisation of a multibillion-dollar agreement on the Reko Diq project, with key details…