Reko Diq represents one of the largest copper and gold reserves in the world having estimated reserves of 5.9 billion tonnes of ore grading 0.41% copper and gold reserves amounting to 41.5 million oz, and a mining life of at least 40 years. [2][3]

Reko Diq is expected to have a life of at least 38 years as a truck-and-shovel open pit operation with processing facilities producing a high-quality copper-gold concentrate. Construction is expected in two phases with a combined process capacity …

Dec 15, 2022 · One of the largest undeveloped copper-gold projects in the world, Reko Diq is owned 50% by Barrick, 25% by three federal state-owned enterprises, 15% by the Province of Balochistan on a fully funded basis and 10% by the Province …

Dec 16, 2022 · Canadian company Barrick Gold has signed a final agreement with Pakistan’s federal government and Balochistan’s provincial government to restart operations at the long-stalled Reko Diq gold and copper mining project in the country, reported Dawn.

Mar 20, 2022 · Islamabad – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and the governments of Pakistan and Balochistan have reached agreement on a framework that provides for the reconstitution of the Reko Diq project in the country’s Balochistan province.

Aug 1, 2023 · In December 2022, Barrick announced plans to invest $10 billion as part of its intent to go ahead with the construction of Reko Diq following approval from Pakistan’s top court. The project has...

Jan 3, 2023 · The federal and Baluchistan governments inked a deal on Reko Diq with the Canadian business Barrick Gold on 16 December, after the Supreme Court approved a settlement to begin mining at the site located in Chagai district. The Baluchistan administration described the arrangement as historic and the largest investment pact ever made by the nation.

Dec 16, 2022 · On Thursday, Pakistan inked the final deal with Barrick and Antofagasta PLC representatives in London to revive the Reko Diq mining project and settle a long-running $11 billion dispute.

Mar 29, 2025 · Rekodik, surrounded by the stunning volcanic formations of the Chagai mountain range, is an integral part of the Tethyan magmatic arc, a geological marvel that harbors a …

Nov 10, 2015 · In 1993, Siah Rek and its nearby village Humai got another name: Reko Diq gold and copper mining project. A wise old man, Sakhi Jamal Deen Muhammadzai, lived in a hamlet, Siah Rek, named as a...