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PM Shehbaz directs foolproof security for Reko Diq mining project


Reko Diq

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a crucial meeting concerning the Reko Diq project, a pivotal mining venture in the Chagai district of Balochistan.

Attended by a delegation from Barrick Gold Corporation, led by CEO Mark Bristow, the session emphasized key directives and strategies for the project’s advancement.

During the meeting, Prime Minister Sharif underscored the imperative of providing adequate security for personnel involved in the Reko Diq project. Ensuring secure transportation to and from the site to the port was emphasized, along with comprehensive consultations with all relevant stakeholders at the governmental level.

He articulated plans to eliminate obstacles hindering the project’s progress, emphasizing meticulous planning for optimal utilization of the region’s mineral resources. Immediate upgrades to the road network linking Reko Diq to Gwadar were highlighted, with expedited completion of ongoing road construction projects.

Read more: Egyptian Billionaire eyeing stake in $7 Billion Reko Diq mine

Furthermore, strategic deliberations were called for regarding the feasibility of establishing a railway network from Reko Diq to Gwadar Port, aiming to streamline access through the proposed Reko Diq to Gwadar railway line project. This initiative is envisioned to enhance connectivity, particularly benefiting the district of Chagai and fostering mining activities, the premier said.

The prime minister sought a comprehensive briefing on Reko Diq’s road and rail connectivity in the upcoming week, underlining the government’s commitment to advancing this vital project.

The meeting was told that the feasibility studies for the Reko Diq project are slated for completion by December 2024. It’s envisaged that the transportation of 6,000 containers from Reko Diq to the port will be facilitated on a monthly basis.

The Reko Diq project holds immense significance, being one of the largest undeveloped copper-gold deposits globally, with substantial potential for economic and social upliftment in Pakistan, particularly in Balochistan.

Owned as a joint venture, with Barrick Gold Corporation holding 50% ownership and various Pakistani stakeholders, the project promises significant economic growth, job creation, and regional development opportunities.

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