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Barrick Gold has targeted 2028 as the year of first production for Pakistan’s Reko Diq copper-gold mine. Barrick Gold photo
The mine, located in Pakistan’s restive southwestern Balochistan province, is considered one of the world’s largest underdeveloped copper-gold areas by Barrick Gold Corp, which owns the project jointly with Pakistan. The document listed Manara Minerals’ general manager as wanting to “continue the negotiations on the Reko Diq project”.Manara Minerals, a joint venture between state-owned Saudi miner Ma’aden and Saudi Arabia’s Public Investment Fund , declined to comment.
The Saudi delegation’s trip to Islamabad follows Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah’s visit to Islamabad last month, when he was briefed by Pakistani authorities on various avenues to invest in the country.
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