Pakistan Offers Barrick Gold To Invest in Other Mining Projects in Balochistan
Staff Report
Pakistan has offered Canadian firm Barrick Gold to invest in other mining projects in Balochistan.
Barrick Gold is currently working on the Rekodiq Project and the feasibility study will be completed by the end of this year.
Prime Minister proposed a collaboration between the government and Barrick Gold for investment in other mining projects in Balochistan.
Prime Minister Muhammad Shehbaz Sharif held a meeting with a delegation from Barrick Gold Company led by Chief Executive Officer Mark Bristow.
Barrick Gold firm is already working on the Rekodiq mining project in Balochistan.
Prime Minister emphasized that the Rekodiq project would be a game-changer for the development of Balochistan and the region.
He stated that this project would mark the beginning of a new era of development and prosperity for the province and its people.
Premier Sharif highlighted the need for infrastructure development, especially in transportation, to maximize the benefits of the abundant minerals in Balochistan.
He particularly mentioned the importance of planning railway lines for this purpose.
He also suggested the establishment of a technical university in the Chagai district through cooperation between the government and Barrick Gold.
Prime Minister assured that the government is undertaking all possible measures to facilitate investors, including projects for improving road and transportation systems.Barrick asks for vetting Rekodiq deal from Parliament, apex Court
The Barrick Gold delegation briefed the Prime Minister on the progress of the Reko Diq project. They mentioned that the feasibility of the record project would be completed by the end of the year.
Priority is being given to local and Balochistan-domiciled individuals for working on the Rekodiq project.
Barrick Gold has also undertaken corporate social responsibility initiatives, including the establishment of three schools near the Reko Diq project.
Barrick Gold has provided technical training to a hundred individuals so far, including women.
