Pakistan to become super rich? Discovers JACKPOT in Balochistan, the treasure is worth Rs…, finds gold mines in…
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
Apart from the discovery a huge deposit of antimony in Balochistan, Pakistan has also reportedly found gold, copper, nickel and cobalt reserves in Gilgit-Baltistan.
In what could potentially prove to be a major shot in the arm for Pakistan’s crumbling economy, the cash-strapped nation has reportedly discovered a massive cache of antimony– a rare earth metal used in alloys, flame retardants, and various industrial applications. The discovery was made in the conflict-torn region of Balochistan, according to reports in the Pakistani media.
As per a report by the Express Tribune, Pakistan’s state-owned Oil and Gas Development Company Limited (OGDCL), and Pakistan Mineral Development Corporation (PMDC)– a semi-autonomous corporation attached to the country’s Ministry of Petroleum and Natural Resources– discovered large deposits of antimony in Balochistan, and have launched a 50-50 percent joint venture to extract the rare metal.
The two bodies are likely to officially announce the venture at the Pakistan Minerals Investment Forum 2025 which will be held from April 8-9, 2025, the report said.
According to the report, preparations are underway for conducting remote sensing and geological surveys for a comprehensive analysis of the newly discovered antimony reserve in Balochistan.
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
