Reko Diq Copper-Gold Mining Project
Sector: Metal • Location: Chagai, Balochistan, Pakistan
Source: Business Standard
Reko Diq is one of the world’s largest undeveloped copper and gold deposits located in Balochistan’s Chagai district near Pakistan’s borders with Iran and Afghanistan. The project is a 50:50 partnership between Canada-based Barrick Mining and Pakistani stakeholders, including state-owned enterprises and the provincial government of Balochistan. It is expected to produce up to 400,000 tonnes of cop
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Participants
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Status
Original status | under review |
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Contact
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Description
Description | Reko Diq is one of the world’s largest undeveloped copper and gold deposits located in Balochistan’s Chagai district near Pakistan’s borders with Iran and Afghanistan. The project is a 50:50 partnership between Canada-based Barrick Mining and Pakistani stakeholders, including state-owned enterprises and the provincial government of Balochistan. It is expected to produce up to 400,000 tonnes of copper and 500,000 ounces of gold annually, with an estimated project cost of around $9 billion. The project has faced delays due to security risks, regional conflict, and cost uncertainties. |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
More Details
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