Friday, December 1, 2023

Barrick Gold Agrees to Pay Pakistan’s Share from Riko Diq Project in Rupees

On Tuesday, Pakistan and Barrick Gold Corporation made a deal to pay the government’s share in rupees for their investment in the Reko Diq project. The agreement was formalized during a meeting in Islamabad between Prime Minister Shehbaz Sharif and a delegation from Barrick Gold Corporation, led by its CEO Mark Bristow.

During the meeting, Mark Bristow updated the Prime Minister on the ongoing development work at Reko Diq. Shehbaz Sharif expressed his satisfaction with the participation of international companies, including Barrick Gold, in the “Pakistan Mineral Summit,” which showed that international investors had confidence in Pakistan again.

He attributed this success to the Special Investment Facilitation Council.

The Prime Minister emphasized that the Reko Diq project would be a game-changer for Balochistan’s development and the region, bringing prosperity to its people. He urged all relevant authorities to fulfill their responsibilities in ensuring the project’s successful implementation.

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