Pakistan Minerals and Mining Updates

[Samlee]

Its a warning to Barrick Gold, if you have cold feet then we will bring Chinese who are more then ready to take over. 2028 deadline for mining is non negotiable.

Yes I'm sure they have been brow beaten and intimidated into gifting all their gold mines throughout the world to Field Marshal Asim Munir Protector of the Realm King of the Andals and First Men

 

[Samlee]

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Barrick Gold has had a long and lucrative relationship with Chinese companies like shandong gold so they wouldn't mind but remember the US Ex I'm bank has also provided funds and the Americans would have to be taken on board also I fear if Chinese takeover this might just become another Saindak

 

[hydrabadi_arab]

Barrick Gold has had a long and lucrative relationship with Chinese companies like shandong gold so they wouldn't mind but remember the US Ex I'm bank has also provided funds and the Americans would have to be taken on board also I fear if Chinese takeover this might just become another Saindak

Profit sharing formula will not change.

at today prices

Financial Category	Calculation Details	Amount (USD)	Recipient / Destination
GROSS REVENUE	Total Annual Exports	$7.88 Billion	Total Inflow (100%)
— Copper Revenue	400,000 Tonnes @ $6.50/lb	$5.73 Billion	Commodity Sales
— Gold Revenue	500,000 Ounces @ $4,300/oz	$2.15 Billion	Commodity Sales
EXPENSES & TAXES	Deductions from Revenue	($5.12 Billion)	—
1. Royalties	5% of Gross Revenue	($394 Million)	Govt of Balochistan
2. Extraction Costs	Mining, Processing & AISC	($3.54 Billion)	Operations (65% Import / 35% Local)
3. Corporate Tax	30% of Pre-Tax Profit	($1.18 Billion)	Federal Govt of Pakistan
NET PROFIT	Distributable Cash Pool	$2.76 Billion	Dividends to Owners (100%)
PROFIT SHARING	Ownership Split	Amount (USD)	Shareholder
Barrick Gold Share	50% of Net Profit	$1.38 Billion	Barrick Gold Corp (Operator)
Govt of Pakistan Share	25% of Net Profit	$690 Million	Federal SOEs (OGDCL, PPL, GHPL)
Govt of Balochistan Share	25% of Net Profit	$690 Million	Balochistan govt
SUMMARY TOTALS	Final Stakeholder Take	Amount (USD)	% of Gross Revenue
Total Pakistan Take	Royalties + Taxes + Dividends	$2.95 Billion	~37.4% of Gross Exports
Barrick Gold Take	Pure Net Profit	$1.38 Billion	~17.5% of Gross Exports

Category	How it is Spent / Retained	Amount (USD)	Beneficiary
Government Revenues	Royalties paid right off the top (5% of revenue).	$394 Million	Government of Balochistan
Local Operations	Local procurement, logistics, trucking, camp services, and wages for local workers (35% of total OpEx).	$1.24 Billion	Pakistani laborers, contractors, and suppliers
Federal Taxes	Corporate income tax on mine profits (30% tax rate).	$1.18 Billion	Federal Government of Pakistan
Provincial Dividends	25% share of the net post-tax profit.	$690 Million	Government of Balochistan
Federal Dividends	25% share of the net post-tax profit.	$690 Million	Pakistani State-Owned Enterprises (OGDCL, PPL, GHPL)
TOTAL RETAINED	Money staying in the Pakistani economy	$4.19 Billion	~53.2% of total revenue

 

[hydrabadi_arab]

Khuzdar BLZ Project Enters Execution Phase: A Game-Changer for Pakistan’s Mining Sector​

Balochistan, Pakistan — In a major development for Pakistan's resource sector, Pakistan Petroleum Limited (PPL) has officially transitioned its Khuzdar Barite, Lead, and Zinc (BLZ) Project into the execution phase. This milestone follows the recent signing of a Project Management Consultancy contract with the renowned German engineering and consulting firm, DMT.

The BLZ Project, widely considered one of Pakistan's most significant large-scale open-pit mining ventures, is poised to reshape the economic landscape of Balochistan while substantially boosting the nation's mineral exports.

The German Partnership​

The appointment of M/s. DMT marks a commitment to international standards and technical excellence. The German firm is no stranger to the Khuzdar site; they successfully completed the bankable international standard feasibility study for the project in 2019. Now, by stepping into the role of Project Management Consultant, DMT will oversee the complex execution and development phase, ensuring efficient project delivery and adherence to global best practices in open-pit mining and ore beneficiation.

Economic Impact and Projections​

The financial outlook for the Khuzdar BLZ Project is highly robust. Operating as a 50:50 joint venture between PPL and the Government of Balochistan (GoB) through Bolan Mining Enterprises (BME), the mine has an estimated lifespan of 32 years.

Financial projections indicate the project will generate an impressive average annual revenue of $144 million, resulting in an estimated Net Present Value (NPV) of $356 million. With positive cash flows expected to begin by year three, the project is structured to become a rapid catalyst for economic growth.

Empowering the Local Community​

Beyond the national export benefits, the operating agreement explicitly prioritizes regional development. BME, as the operator, is mandated to give employment preference to local residents of the Khuzdar district, promising a wave of job creation and skill development in the area.

Furthermore, PPL has committed to financing the Balochistan government’s capital contribution for the project directly from its own cash flows through a financing arrangement. This ensures that the provincial government remains an equal partner without facing immediate financial hurdles to get the project off the ground.

Looking Ahead​

As infrastructure development takes shape, the transition from exploration to commercial extraction is now a reality. By unlocking the vast mineral wealth of Khuzdar, the BLZ Project represents a crucial step in positioning Pakistan as a more prominent player in the global mineral value chain, while securing sustainable, long-term development for Balochistan.

 

[hydrabadi_arab]

Khuzdar BLZ Project Enters Execution Phase: A Game-Changer for Pakistan’s Mining Sector​

Balochistan, Pakistan — In a major development for Pakistan's resource sector, Pakistan Petroleum Limited (PPL) has officially transitioned its Khuzdar Barite, Lead, and Zinc (BLZ) Project into the execution phase. This milestone follows the recent signing of a Project Management Consultancy contract with the renowned German engineering and consulting firm, DMT.

The BLZ Project, widely considered one of Pakistan's most significant large-scale open-pit mining ventures, is poised to reshape the economic landscape of Balochistan while substantially boosting the nation's mineral exports.

The German Partnership​

The appointment of M/s. DMT marks a commitment to international standards and technical excellence. The German firm is no stranger to the Khuzdar site; they successfully completed the bankable international standard feasibility study for the project in 2019. Now, by stepping into the role of Project Management Consultant, DMT will oversee the complex execution and development phase, ensuring efficient project delivery and adherence to global best practices in open-pit mining and ore beneficiation.

Economic Impact and Projections​

The financial outlook for the Khuzdar BLZ Project is highly robust. Operating as a 50:50 joint venture between PPL and the Government of Balochistan (GoB) through Bolan Mining Enterprises (BME), the mine has an estimated lifespan of 32 years.

Financial projections indicate the project will generate an impressive average annual revenue of $144 million, resulting in an estimated Net Present Value (NPV) of $356 million. With positive cash flows expected to begin by year three, the project is structured to become a rapid catalyst for economic growth.

Empowering the Local Community​

Beyond the national export benefits, the operating agreement explicitly prioritizes regional development. BME, as the operator, is mandated to give employment preference to local residents of the Khuzdar district, promising a wave of job creation and skill development in the area.

Furthermore, PPL has committed to financing the Balochistan government’s capital contribution for the project directly from its own cash flows through a financing arrangement. This ensures that the provincial government remains an equal partner without facing immediate financial hurdles to get the project off the ground.

Looking Ahead​

As infrastructure development takes shape, the transition from exploration to commercial extraction is now a reality. By unlocking the vast mineral wealth of Khuzdar, the BLZ Project represents a crucial step in positioning Pakistan as a more prominent player in the global mineral value chain, while securing sustainable, long-term development for Balochistan.

Great news for people of Khuzdar and Balochistan. This is highly lucrative deal for Balochistan govt who will not invest penny in it. Its also great for Pakistan as other 50% is owned by PPL. So must of revenue from it will circulate in local economy.

Party	Revenue & Profit Streams
Pakistan Petroleum Limited (PPL)	50% of Net Profits, Repayment of capital loan from GoB with interest, Strategic expansion into hard-rock mining
Govt of Balochistan	50% of Net Profits, Provincial Royalties, Zero upfront capital expenditure, Local job creation
Federal Govt	Corporate taxes from PPL, Export duties, Influx of foreign exchange reserves from mineral exports