Web Desk: Pakistan and mining giant Barrick Gold Corporation reaffirmed their commitment to advancing the Reko Diq copper-gold project during a high-level meeting aimed at reviewing progress on one of the world’s largest untapped mineral deposits.
Minister for Petroleum Ali Pervaiz Malik met Barrick Chairman John L. Thornton to assess ongoing developments at the project and outline the next phase of work, officials said on Monday.
During the meeting, both sides discussed measures to accelerate progress at Reko Diq, located in Pakistan’s southwestern Balochistan province. The project is widely regarded as a key driver for the country’s mining sector and long-term economic expansion.
Malik described Reko Diq as a strategic national initiative that could help Pakistan attract foreign investment, create employment opportunities and stimulate economic activity in underdeveloped areas of Balochistan.
He said the project holds significant importance for the country’s mineral development ambitions and broader economic goals.
Meanwhile, Thornton reiterated Barrick Gold’s commitment to moving the project forward in collaboration with the Pakistani government. He also acknowledged Islamabad’s continued support for the development of the mine.
The Reko Diq project, which contains vast reserves of copper and gold, is expected to play a major role in boosting Pakistan’s exports and strengthening its natural resources sector once operational.
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