Pakistan Minerals and Mining Updates

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 🤣🤣🤣
 
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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
 
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 CategoryCalculation DetailsAmount (USD)Recipient / Destination
GROSS REVENUETotal Annual Exports$7.88 BillionTotal Inflow (100%)
— Copper Revenue400,000 Tonnes @ $6.50/lb$5.73 BillionCommodity Sales
— Gold Revenue500,000 Ounces @ $4,300/oz$2.15 BillionCommodity Sales
EXPENSES & TAXESDeductions from Revenue($5.12 Billion)
1. Royalties5% of Gross Revenue($394 Million)Govt of Balochistan
2. Extraction CostsMining, Processing & AISC($3.54 Billion)Operations (65% Import / 35% Local)
3. Corporate Tax30% of Pre-Tax Profit($1.18 Billion)Federal Govt of Pakistan
NET PROFITDistributable Cash Pool$2.76 BillionDividends to Owners (100%)
PROFIT SHARINGOwnership SplitAmount (USD)Shareholder
Barrick Gold Share50% of Net Profit$1.38 BillionBarrick Gold Corp (Operator)
Govt of Pakistan Share25% of Net Profit$690 MillionFederal SOEs (OGDCL, PPL, GHPL)
Govt of Balochistan Share25% of Net Profit$690 MillionBalochistan govt
SUMMARY TOTALSFinal Stakeholder TakeAmount (USD)% of Gross Revenue
Total Pakistan TakeRoyalties + Taxes + Dividends$2.95 Billion~37.4% of Gross Exports
Barrick Gold TakePure Net Profit$1.38 Billion~17.5% of Gross Exports

CategoryHow it is Spent / RetainedAmount (USD)Beneficiary
Government RevenuesRoyalties paid right off the top (5% of revenue).$394 MillionGovernment of Balochistan
Local OperationsLocal procurement, logistics, trucking, camp services, and wages for local workers (35% of total OpEx).$1.24 BillionPakistani laborers, contractors, and suppliers
Federal TaxesCorporate income tax on mine profits (30% tax rate).$1.18 BillionFederal Government of Pakistan
Provincial Dividends25% share of the net post-tax profit.$690 MillionGovernment of Balochistan
Federal Dividends25% share of the net post-tax profit.$690 MillionPakistani State-Owned Enterprises (OGDCL, PPL, GHPL)
TOTAL RETAINEDMoney staying in the Pakistani economy$4.19 Billion~53.2% of total revenue
 

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.
 

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.

PartyRevenue & 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 Balochistan50% of Net Profits, Provincial Royalties, Zero upfront capital expenditure, Local job creation
Federal GovtCorporate taxes from PPL, Export duties, Influx of foreign exchange reserves from mineral exports
 
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.

PartyRevenue & 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 Balochistan50% of Net Profits, Provincial Royalties, Zero upfront capital expenditure, Local job creation
Federal GovtCorporate taxes from PPL, Export duties, Influx of foreign exchange reserves from mineral exports


Do you know that there are two by product of lead zinc mining far more precious


GALLIUM AND GERMANIUM

The two minerals Chinese use in their trade war with US
 

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