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Business & Economy Updated 21 Jan, 2025 04:04pm

Saudi’s Manara Minerals to buy stake in Pakistan’s Reko Diq gold project, reports FT

Manara Minerals ‘would buy’ equity stake from the Government of Pakistan in project

Pakistan Published 20 Jan, 2025 08:06pm

Reko Diq mine to generate $74 billion in free cash flow over 37 years, Barrick CEO says

The project is expected to start production by the end of 2028

Pakistan Updated 31 Dec, 2024 06:28pm

Federal cabinet approves sale of 15% stake in Reko Diq to Saudi Arabia

Deal is valued at $540 million and would be executed in two phases

Pakistan Published 10 Oct, 2024 04:22pm

Saudi minister makes major announcement about Reko Diq acquisition

Reko Diq is jointly owned by Barrick and three federal state-owned enterprises

Business & Economy Updated 08 Sep, 2024 12:18pm

Auditor General raises concerns about investment in Reko Diq

GHPL, a state-owned company, acquired an 8.33% stake in the Reko Diq project

Pakistan Published 12 Jul, 2024 11:17am

Barrick gold leverages satellite technology to accelerate exploration at Reko Diq project

Reko Diq project, located in the Balochistan province of Pakistan