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Business

Web Desk
Aug 22, 2025

ADB to back Reko Diq mine with $410 million financing package

The Asian Development Bank (ADB) has agreed to provide a $410 million financing package to support the development of Pakistan’s Reko Diq copper and gold mine, two sources familiar with the matter told Reuters on Thursday.

World

Reuters
Jun 23, 2025

Mali authorities reopen Barrick Mining office in capital: sources

The Mali’s reopening of the Barrack Mining marks the first significant development since the country’s court on June 16 placed the Canadian miner’s Loulo-Gounkoto gold complex under state control

Business

Reuters
Mar 08, 2025

Barrick says ‘committed to reaching a mutually beneficial resolution’ in Mali

In the company memo sent to staff on Saturday, Sebastiaan Bock says there are “no major updates at this stage”.

Business

Web Desk Karachi
Feb 11, 2025

Biafo Industries secures contract for explosives supply at Reko Diq mine

Biafo, known for manufacturing and selling commercial explosives and blasting accessories such as detonators, will play a vital role in the project.

Business

Web Desk Karachi
Feb 07, 2025

Barrick Gold’s reserves surge 23pc to 17.4 million ounces, thanks to Reko Diq

Following the completion of its feasibility study at Reko Diq, the company added 13 million ounces of gold to its probable reserves on an attributable basis.

Business

Reuters
Jan 21, 2025

Saudi Arabia set to buy 10-20pc stake in Reko Diq gold project

Executives from Manara visited Pakistan in May last year for talks about buying a stake in the Reko Diq mine, considered one of the world’s largest underdeveloped copper-gold areas by global mining company Barrick Gold, which owns the project jointly with Pakistan.