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PM pushes for linking Reko Diq with railway network

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday directed the relevant authorities to link the Reko Diq with the Pakistan railway line network by...

IFC to provide $400 million loan for Reko Diq mine

ISLAMABAD: The International Finance Corporation (IFC) will provide a $400 million subordinated loan for Pakistan’s Reko Diq copper-gold mine, according to an IFC disclosure. The...

Reko Diq project nears ‘financial closure’

The financial closure of the Reko Diq mining project is expected to take place next month, ARY News reported on Tuesday, citing sources.  Sources said...

Pakistan Minerals Investment Forum: Participants briefed upon Reko Diq reserves

ISLAMABAD: The Pakistan Minerals Investment Forum is continuing on its second day with a focus on Reko Diq reserves, ARY News reported. A detailed session...

Barrick’s Reko Diq seeks $2bln in financing from intl. lenders

KARACHI: Barrick Gold's Reko Diq copper and gold project in Pakistan intends to lock in upwards of $2 billion in financing from international lenders,...

Barrick Gold CEO sees bright future for Pakistan with Reko Diq Project

Chief Executive Officer (CEO) Barrick Gold Mark Bristow said Reko Diq copper-gold project will be the beacon that leads Pakistan into the race of the...

Reko-Diq development plan: Key changes approved

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved changes to the Reko-Diq Project’s development plan, along with related financial commitments...

Petroleum minister rejects reports of selling 15% Reko Diq shares to Saudi Arabia

ISLAMABAD: Federal Minister for Petroleum Dr. Musadik Malik on Tuesday categorically denied the reports of selling 15 per cent of Reko Diq shares to...

Saudi Arabia inches closer to $1bn Reko Diq deal

Saudi Arabia is inching closer to sign a deal for a minority stake in Barrick Gold's Reko Diq copper and gold project located in...

Saudi Arabia to invest $1b in Reko Diq project

A Saudi investment of up to one billion dollars is likely next month in the Reko Diq Copper Gold project located in Chagai district...

PM Shehbaz stresses fully utlilisation of Balochistan’s minerals

LAHORE: Prime Minister (PM) Shehbaz Sharif stressed the importance of proper planning for the communication infrastructure, particularly the railway line to fully utilise the...

Barrick Gold plans to invest $7bn in Pakistan’s Reko Diq

Barrick Gold has expressed interest in investing $7bn to revive Pakistan’s mining project, Reko Diq, which experts believe contains one of the world’s largest...

PM Shehbaz meets delegation of Reko Diq mining company

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Monday met a delegation of Reko Diq Mining Company and assured that the government was taking every...

Govt, Barrick ink $8bn Reko Diq agreement

ISLAMABAD: The governments of Pakistan and Balochistan and Barrick Gold Corporation have signed $8 billion landmark agreement on Reko Diq project after Supreme Court...

Reko Diq deal is legal, rules SC on presidential reference

ISLAMABAD: New deal on the Reko Diq gold and copper mining project in Balochistan is legal, ruled the Supreme Court (SC) on Friday, ARY...

Supreme Court reserves verdict in Reko Diq Presidential reference

ISLAMABAD: The Supreme Court on Tuesday concluded hearing of Reko Diq presidential reference, ARY News reported. A five-member larger bench of the apex court headed...

Supreme Court hears Presidential Reference on Reko Diq mine project

ISLAMABAD: Additional Attorney General during hearing of the the Reko Diq presidential reference said that some clauses of the Mineral Act have been divided...

SC fixes presidential reference on Reko Diq for hearing

ISLAMABAD: The Supreme Court (SC) has fixed for hearing a presidential reference seeking validation for the new Reko Diq project deal under Article 186...

Reko Diq: President Arif Alvi files reference in Supreme Court

ISLAMABAD: President Dr. Arif Alvi on Tuesday filed a reference in the Supreme Court to seek its opinion in the Reko Diq case, ARY...

SC nullifies BHC’s verdict in Reko Diq corruption case

ISLAMABAD: The Supreme Court (SC) on Thursday nullified the order of the Balochistan High Court in Reko Diq corruption case, and barred National Accountability...
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