Tag: Reko Diq

Saudi FM arrives on two-day visit

ISLAMABAD, Apr 15 (APP): Foreign Minister of Kingdom of Saudi Arabia Prince Faisal bin Farhan bin Abdullah, leading a high-level delegation, on Monday, arrived here on a two-day visit. Upon arrival at the airport, the Saudi Foreign Minister was received by Foreign Minister Ishaq Dar and other senior officials. The Saudi Foreign Minister is heading… Continue reading Saudi FM arrives on two-day visit

Barrick Gold delegation calls on PM, says Reko Diq project feasibility to be completed this year

ISLAMABAD, Mar 22 (APP): A delegation of Barrick Gold Company led by Chief Executive Officer Mark Bristow met Prime Minister Muhammad Shahbaz Sharif on Friday and informed that the feasibility of the Reko Diq project in Balochistan would be completed by end of current year. The prime minister said Reko Diq project would prove to… Continue reading Barrick Gold delegation calls on PM, says Reko Diq project feasibility to be completed this year

Reko Diq Mining Company signs MoU with ‘THF’

QUETTA, Jan 30 (APP):Reko Diq Mining Company (RDMC), a subsidiary of Barrick Gold Corporation here on Tuesday signed a MoU with The Hunar Foundation (THF)  signaling the start of RDMCs first CSR initiative in vocational training and capacity building for local youth in Chagai, its district of operation. RDMC operates in Pakistan under a Joint… Continue reading Reko Diq Mining Company signs MoU with ‘THF’

PM hopeful of SIFC bringing in over $60b investment to Pakistan in five years

ISLAMABAD, Nov 7 (APP):Caretaker Prime Minister Anwaar-ul-Haq Kakar on Tuesday expressed the hope that the Special Investment Facilitation Council (SIFC) would help bring in over $60 billion investment to Pakistan in the next five years. “It is indeed. It could be probably more than that,” the prime minister said in an interview with Arab News… Continue reading PM hopeful of SIFC bringing in over $60b investment to Pakistan in five years

RDMC’s constructed Mashki Chah Primary School in Chagai inaugurated

ISLAMABAD, Jun 22 (APP):A primary school inauguration ceremony at the Mashki Chah village in Chagai district of Balochistan on Thursday was hosted by the Reko Diq Mining Company (RDMC). This education project was invested in by the RDMC on the recommendation of the project’s Par-e-Koh Community Development Committee (CDC). The Par-e-Koh CDC comprises stakeholders from… Continue reading RDMC’s constructed Mashki Chah Primary School in Chagai inaugurated

Immense opportunities for investors in diverse sectors of Pakistan: PM

ISLAMABAD, Mar 27 (APP): Prime Minister Shehbaz Sharif Monday said immense opportunities existed for investment in mining, information technology, energy, communication and infrastructure sectors in Pakistan and the government was taking measures to provide all possible facilities to investors. The prime minister was talking to a delegation of Barrick Riko Diq Mining Company led by… Continue reading Immense opportunities for investors in diverse sectors of Pakistan: PM

Barrick Gold sets 2028 as target for first production from Reko Diq

ISLAMABAD, Jan 16 (APP): Barrick Gold Corporation Chief Executive Mark Bristow said that the company had set 2028 as the target for starting the first production from the giant copper-gold mine Reko Diq in Balochistan. It was also planning to complete the Reko Diq feasibility study update by the end of 2024, said Mark Bristow… Continue reading Barrick Gold sets 2028 as target for first production from Reko Diq

Balochistan govt committed to socio-economic uplift; Farah

ISLAMABAD, Dec 26 (APP):Spokesperson of the Balochistan Government Farah Azeem Shah on Monday said that the government of Balochistan is determined to uplift the socio-economic status of the Baloch people. Addressing a press conference, she said that the royalty of Reko Diq project had been raised from two percent to five percent for the people… Continue reading Balochistan govt committed to socio-economic uplift; Farah

President urges political leadership for enhanced engagements with Balochistan people

ISLAMABAD, Dec 22 (APP): President Dr Arif Alvi on Thursday called for enhancing engagement with the people of Balochistan at the grassroots level and prioritise investment in human resource development for prosperity of the people. The president, talking to the cadets of the Cadet College, Kohlu, Balochistan, who came to Aiwan-e-Sadr, on an educational visit,… Continue reading President urges political leadership for enhanced engagements with Balochistan people

Dar chairs meeting of Apex Committee on Reko Diq Project

ISLAMABAD, Nov 26 (APP): Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar here on Saturday chaired a meeting of Apex Committee on Reko Diq Project to review the progress on implementation of agreed steps for completion of the Reko Diq arrangement. The Finance Minister highlighted the importance of early completion of the remaining… Continue reading Dar chairs meeting of Apex Committee on Reko Diq Project

President approves filing of reference over Reko Diq Project

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ISLAMABAD, Oct 5 (APP): President Dr Arif Alvi on the advice of Prime Minister Muhammad Shehbaz Sharif has accorded his approval to a summary for filing of reference in the Supreme Court of Pakistan under Article 186 of the Constitution of Pakistan, 1973 in Reko Diq Project. Earlier the Apex Committee, headed by minister for… Continue reading President approves filing of reference over Reko Diq Project

Reko Diq gold-copper project to transform Pakistan, Balochistan: Miftah

Federal Minister for Finance and Revenue Miftah Ismail on Monday said that investment by Barrick Gold in the Reko Diq copper-gold project would prove to be transformational for Pakistan and the Balochistan province. “We are looking forward to Barrick Gold’s investment in the copper and gold mine in Pakistan. Mark Bristow has a very enlightened… Continue reading Reko Diq gold-copper project to transform Pakistan, Balochistan: Miftah

PM saved Pakistan from $11 bln penalty in Reko Diq case: Farrukh

Caravans heading towards Islamabad: Farrukh

ISLAMABAD, Mar 20 (APP): Minister of State for Information and Broadcasting Farrukh Habib Sunday lauded Prime Minister Imran Khan for saving the country from a fine amounting to $11 billion in the Reko Diq case. He, in a tweet, also criticized the “past rulers” for their wrong policies and least interest to the Reko Diq… Continue reading PM saved Pakistan from $11 bln penalty in Reko Diq case: Farrukh

Federal govt. to bear financial burden of Reko Diq: PM

ISLAMABAD, Dec 29 (APP): Prime Minister Imran Khan Wednesday said the federal government would bear all the financial burden of Reko Diq for the progress and prosperity of Balochistan and the people of province. In a tweet, the prime minister said the step was part of his government’s vision for the development of smaller provinces.… Continue reading Federal govt. to bear financial burden of Reko Diq: PM

Reko Diq Case: Aviation minister praises Pakistan’s legal team for getting PIA assets ‘unfreeze’

ISLAMABAD, May 26 (APP):Minister for Aviation Ghulam Sarwar Khan Wednesday appreciated Pakistan’s legal team for successfully defending assets of the national flag-carrier before the High Court of British Virgin Islands (BVI) and getting them ‘unfreeze’ in the Reko Diq case. “Despite the challenges, Pakistani legal experts contested and won a very important case, protecting national… Continue reading Reko Diq Case: Aviation minister praises Pakistan’s legal team for getting PIA assets ‘unfreeze’

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