Pakistan Minerals and Mining Updates

[SoulSpokesman]

@hydrabadi_arab

Hydra bro,

Thanks, that was very helpful.

This will be a handy sum of money- should substantially clean up the BOP and fiscal deficits!

I assume that the total copper production will be close to 1 million MT pa.?

Regards

 

[hydrabadi_arab]

Good chunk of imports can be localized by 2040.

Category	Specific Item	Amount (USD)	Status (Pak vs Import)
1. IMPORTED COSTS	Money Leaving Pakistan	~$2.47 Billion	OUTFLOW (65%)
Heavy Machinery	Tires, Engines, Spare Parts	$950 Million	Imported (USA/Japan/China)
Processing	Chemical Reagents, Steel Balls	$550 Million	Imported
Energy & Fuel	Diesel/HFO (if not renewable)	$650 Million	Imported (Global Oil Market)
Tech & Expats	Software, HQ Fees, Expat Pay	$320 Million	Sent Offshore
--	--	--	--
2. RETAINED COSTS	Money Staying in Pakistan	~$1.33 Billion	INFLOW (35%)
Local Labor	Wages (Miners, Drivers, Admin)	$480 Million	Local Economy (PKR)
Logistics	Trucking to Port, Rail	$350 Million	Local Contractors
Camp & Support	Food, Catering, Maintenance	$200 Million	Local Vendors
Security	FC / Private Security Contracts	$150 Million	Govt/Private Sector
Basic Materials	Cement, Lime, Explosives	$150 Million	Pakistani Suppliers
--	--	--	--
TOTAL OPEX	Annual Extraction Cost	$3.80 BILLION	--

 

[SoulSpokesman]

You really seem to have done your math and due dilligence, Hydra bro!

Regards

 

[hydrabadi_arab]

It is a deal for gold and copper. Neither of which is a strategic mineral. Nevertheless, it is a good economic investment. Not sure who benefits how much.

Strategic minerals are only used by like 4 countries for critical tech. They will not earn you much $. They are just strategic for geopolitical reasons.

 

[nahtanbob]

Strategic minerals are only used by like 4 countries for critical tech. They will not earn you much $. They are just strategic for geopolitical reasons.

Pakistani mine is for gold and copper. Neither of which are strategic minerals.

 

[hydrabadi_arab]

Pakistani mine is for gold and copper. Neither of which are strategic minerals.

Pakistan also have "strategic" minerals

Pakistan announces discovery of strategic antimony reserves used in making military equipment​

Pakistan announces discovery of strategic antimony reserves used in making military equipment

KARACHI: Pakistan has discovered significant reserves of antimony, a critical metal traditionally used in batteries, semiconductors and flame retardants, in the mineral-rich southwestern province of Balochistan, the country’s Special Investment Facilitation Council (SIFC) said on Saturday. The...

www.arabnews.com

 

[Distant_Observer]

Copper prices will continue to increase.

Those $8 trillion reserves can be worth 30 trillion in 20-30 years.

The only risk is when the technology to mine asteroids and mars is developed and its cheap to transport back to earth.

I would say we are atleast 50 years away from that. So its better to dig them out now and start making money.

 

[RamBharose]

@hydrabadi_arab

Hydra bro,

Thanks, that was very helpful.

This will be a handy sum of money- should substantially clean up the BOP and fiscal deficits!

I assume that the total copper production will be close to 1 million MT pa.?

Regards

Ram ram ji,

Barrick is a listed company and their projections are publicly available. They were expecting annual production of 200+ KT in Phase 1 and 460 KT in Phase 2. However, financial closure for the project has not yet happened and will be delayed until the company completes a review of the entire project that it announced because of the security situation.

 

[SoulSpokesman]

@RamBharose @hydrabadi_arab

Ram Ram ji, Ram Bharose and Hydra bro

Barrick is a listed company and their projections are publicly available. They were expecting annual production of 200+ KT in Phase 1 and 460 KT in Phase 2.

If this is true, the revenues can't be USD 15 billion- it will be USD 3 billion in the first phase (assuming USD 13K as copper price and some recoveries from byproducts like gold and silver) and USD 7-8 bn in the second.

Regards

 

[hydrabadi_arab]

@RamBharose @hydrabadi_arab

Ram Ram ji, Ram Bharose and Hydra bro

Barrick is a listed company and their projections are publicly available. They were expecting annual production of 200+ KT in Phase 1 and 460 KT in Phase 2.

If this is true, the revenues can't be USD 15 billion- it will be USD 3 billion in the first phase (assuming USD 13K as copper price and some recoveries from byproducts like gold and silver) and USD 7-8 bn in the second.

Regards

$8bn at current price. I expect copper to double the price and gold $8000 oz by 2035.

 

[Fatman17]

Deadly Insurgency Threatens a U.S. Plan to Invest in Pakistan’s Mineral Riches​

Militants escalate attacks in a province where China is operating and the U.S. wants a foothold​

By

Tripti Lahiri
Follow

and

Waqar Gillani
Feb. 9, 2026 8:14 am ET

Militants have attacked civilian and government targets in Balochistan, Pakistan. Fateh Bugti/EPA/Shutterstock
The Trump administration in December said it would invest $1.25 billion in a restive, resource-rich province of Pakistan as part of a strategic effort to counter China’s dominance in critical-mineral supply chains. Within weeks, the perils of the plan became evident.

On Jan. 31, separatist militants unleashed coordinated attacks on civilian and government targets in at least nine towns across Balochistan province, killing at least 36 civilians and 22 security personnel, according to the Pakistan military. Hundreds of fighters from the Baloch Liberation Army, the deadliest group operating in the southwestern region, were involved.

 

[Ali_Baba]

Deadly Insurgency Threatens a U.S. Plan to Invest in Pakistan’s Mineral Riches​

Militants escalate attacks in a province where China is operating and the U.S. wants a foothold​

By

Tripti Lahiri
Follow

and

Waqar Gillani
Feb. 9, 2026 8:14 am ET

Militants have attacked civilian and government targets in Balochistan, Pakistan. Fateh Bugti/EPA/Shutterstock
The Trump administration in December said it would invest $1.25 billion in a restive, resource-rich province of Pakistan as part of a strategic effort to counter China’s dominance in critical-mineral supply chains. Within weeks, the perils of the plan became evident.

On Jan. 31, separatist militants unleashed coordinated attacks on civilian and government targets in at least nine towns across Balochistan province, killing at least 36 civilians and 22 security personnel, according to the Pakistan military. Hundreds of fighters from the Baloch Liberation Army, the deadliest group operating in the southwestern region, were involved.

Militants funded by India.

USA needs to learn to squeeze in the right places.

 

[LC150]

$8bn at current price. I expect copper to double the price and gold $8000 oz by 2035.

plus now we Mr Dar son after joining Ms 420 Maryum Bhaji's cabinet fresh from doing crypto fraud in Dubai....


we are good hands which such geniuses.

 

[Fatman17]

High hopes surround Reko Diq

'The project's future is inseparable from that of the province and its people; rather than dismissing them, the state must engage them meaningfully’

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High hopes surround Reko Diq

 

[RamBharose]

High hopes surround Reko Diq

'The project's future is inseparable from that of the province and its people; rather than dismissing them, the state must engage them meaningfully’

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High hopes surround Reko Diq

It is a good article, but it is a mischaracterization to describe Barrick's review as a routine one. The company has specifically said it was triggered by a deterioration in the security situation and affects financial closure. In the worst case, depending on the result of the review, this could result in significant delays or even Barrick deciding to move out.

Barrick reviews Pakistan project amid security concerns

Toronto-headquartered Barrick Mining has delayed the closing of financing for its Reko Diq copper/gold project in Pakistan’s Balochistan province amid rising security concerns. Barrick CFO Graham Shuttleworth said during the company’s results call on Thursday that the board and management had...

m.miningweekly.com