Pakistan government and mining company Barrick have reaffirmed their commitment to advancing the Reko Diq Project after Petroleum Minister Ali Pervaiz Malik met Barrick Chairman John L. Thornton in Islamabad to review progress on the flagship mining project.<\/p>\n
The meeting was held \u201cto review progress and discuss future steps\u201d regarding the project, according to a statement from the Petroleum Division.<\/p>\n
\u201cDuring the meeting, both sides exchanged views on the development of the project and discussed ongoing efforts aimed at advancing work on Reko Diq, which is among the world\u2019s largest undeveloped copper-gold projects,\u201d the statement read.<\/p>\n
As per the details, Malik highlighted the strategic significance of the project for Pakistan\u2019s economic growth and mineral sector development, stating that Reko Diq was a flagship national project that would play a key role in attracting investment, generating employment opportunities, and accelerating socio-economic development in Balochistan.<\/p>\n
Meanwhile, Barrick chairman reaffirmed the commitment to the project and appreciated Pakistan government\u2019s support in advancing the initiative, the statement said.<\/p>\n
\u201cBoth sides agreed to maintain close coordination to achieve key milestones.\u201d<\/p>\n
Reko Diq is owned 50% by Barrick, 25% by three federal state-owned enterprises, and 25% by the Government of Balochistan.<\/p>\n
\u201cThe meeting concluded on a positive note, with both sides reiterating their resolve to work together for the development of the Reko Diq project,\u201d Petroleum Division said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pakistan government and mining company Barrick have reaffirmed their commitment to advancing the Reko Diq Project after Petroleum Minister Ali Pervaiz Malik met Barrick Chairman John L. Thornton in Islamabad to review progress on the flagship mining project. The meeting was held \u201cto review progress and discuss future steps\u201d regarding the project, according to a […]<\/p>\n","protected":false},"author":0,"featured_media":481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan-news"],"_links":{"self":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=480"}],"version-history":[{"count":0,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/media\/481"}],"wp:attachment":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}