Reko Diq Copper-Gold Mine Development
Sector: Metal • Location: Balochistan, Pakistan
Source: The Globe and Mail
The Reko Diq project is a $6.6-billion copper and gold mining development in Balochistan, Pakistan, operated by Barrick Gold. The project aims to produce copper and gold starting from 2028, with an expected free cash flow of about $70 billion over its lifespan. It is expected to produce 200,000 metric tons of copper annually in its first phase, increasing to 400,000 tons after expansion, and could
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Participants
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Status
Original status | planned |
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Contact
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Description
Description | The Reko Diq project is a $6.6-billion copper and gold mining development in Balochistan, Pakistan, operated by Barrick Gold. The project aims to produce copper and gold starting from 2028, with an expected free cash flow of about $70 billion over its lifespan. It is expected to produce 200,000 metric tons of copper annually in its first phase, increasing to 400,000 tons after expansion, and could operate beyond its 37-year life through upgrades and further exploration. |
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Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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