Overview
- Pakistan’s petroleum minister met Barrick’s chairman in Islamabad to review Reko Diq’s progress and to keep close coordination on next steps.
- No new agreements or financing were announced, underscoring a focus on execution rather than fresh deals.
- Officials described the copper-gold deposit as one of the world’s largest undeveloped resources and said Barrick operates the project.
- Pakistan cast the venture as a source of foreign capital, new jobs, and faster social development in Balochistan.
- The ownership split remains 50% Barrick, 25% three federal state-owned enterprises, and 25% the Government of Balochistan.