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The reconstitution of the Reko Diq project was completed in December 2022 — a key step in progressing the development of Reko Diq into a world-class, long-life mine which would substantially expand Barrick’s strategically significant copper portfolio and benefit its Pakistani stakeholders for generations to come.
- Barrick Targets 2028 for First Production from Reko Diq
Islamabad, Pakistan – Barrick Gold Corporation...
- Barrick Targets 2028 for First Production from Reko Diq
The Reko Diq Mine is a planned mining operation, located near Reko Diq town in Chagai District, Baluchistan, Pakistan. [1] 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 ...
Located in the Chaghi District of Balochistan in Pakistan, Reko Diq is a large copper and gold deposit containing 12.3 million tons of copper and 20.9 million ounces of gold in inferred and indicated resources.
15 Δεκ 2022 · Toronto – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) said today that it had completed the reconstitution of the Reko Diq project, having received a favorable opinion from the Supreme Court of Pakistan and the required legislation having been passed into law.
Pakistan and China signed a formal contract worth $350 million for development of Saindak Copper-Gold mine project. The mines were leased for a 10-year period to Metallurgical Corporation of China Ltd. (MCC), a subsidiary of the China Metallurgical Group Corporation.
Saindak Copper-Gold Mine is located near Saindak town in Chagai District of Balochistan, Pakistan. The discovery of copper deposits at Saindak was made in the 1970s in collaboration with a Chinese engineering firm.
1 Αυγ 2023 · Islamabad, Pakistan – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) president and chief executive Mark Bristow says with the updated feasibility study on the giant Reko Diq copper-gold project making rapid progress, the company is aiming to start production in 2028.
