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