Pakistan and Barrick Gold Reaffirm Commitment to Reko Diq Mining Project
The government of Pakistan and Barrick Gold Corporation have reaffirmed their commitment to the development of the Reko Diq Project, a significant copper-gold mining initiative. This was confirmed during a meeting between Pakistan's Petroleum Minister Ali Pervaiz Malik and Barrick Chairman John L. Thornton in Islamabad. The meeting focused on reviewing the progress and discussing future steps for the project, which is considered one of the world's largest undeveloped copper-gold projects. The Reko Diq Project is strategically important for Pakistan's economic growth and the development of its mineral sector. It is expected to attract investment, create employment opportunities, and boost socio-economic development in the Balochistan region. The project is jointly owned by Barrick (50%), three federal state-owned enterprises (25%), and the Government of Balochistan (25%). Both parties agreed to maintain close coordination to achieve key milestones in the project's development. 
