Samlee
Trusted Member
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
Pakistan Minerals and Mining Updates
- Thread starter ghazi52
- Start date
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
Trusted Member
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
Trusted Member
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
Trusted Member
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
Trusted Member
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 |
Samlee
Trusted Member
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
Fatman17
Moderator
$390m Reko Diq bridge loan for ML-3
996-km project will upgrade Rohri-Sibi-Quetta-Koh-i-Taftan rail line to support transportation from Reko Diq copper and gold project.
share.google
hydrabadi_arab
Trusted Member
With this Pakistan will soon ban export of raw pink salt.
hydrabadi_arab
Trusted Member
Authorities increasing security around Saindak copper and gold mine in Balochistan: minister
State Minister for Interior Tallal Chaudhry on Wednesday said authorities were stepping up security around the Saindak copper and gold mine in Balochistan after supply routes were disrupted in the region by terrorists, and the mine’s operator denied a report that the project could be forced to shut down.
The development comes as kinetic operations in the province are being carried out under Operation Shaban, a high-intensity counterterrorism and counterinsurgency campaign launched by Pakistan’s security forces following multiple high-casualty and high-profile terrorist attacks in Balochistan.
Chaudhry said Islamabad had received the mine operator’s security concerns in early July and ordered agencies to increase deployment around its installations, personnel and cargo.
“We have directed the provincial authorities and all concerned security agencies to beef up deployment for all of their installations, personnel, logistics and transportation,” Chaudhry told Reuters.
“It is our priority to safeguard all projects run by international companies in Pakistan,” he said, adding that logistics and cargo shipments to the site would receive additional security protection.
Separately, Saindak Metals Limited’s Managing Director Raziq Sanjrani refuted as “factually incorrect” a report published by the Financial Times, which claimed that he had warned the energy ministry that operations could become unsustainable within a month because deteriorating security conditions were disrupting supply routes.
China’s foreign ministry said it was unaware of the situation but that Beijing would work with its close partner Pakistan to protect Chinese citizens, projects and institutions in the country.
The Saindak mine is operated by the state-owned Metallurgical Corporation of China’s Resources Development Company (MRDL) under a lease extended in 2022.
In February, MDRL reported the the company achieved major milestones at the Saindak project in 2025 through scientific planning and organised execution, setting historic records in production and operations while strengthening its safety systems.
Tan Jin, president of MRDL, said the company’s operational performance reached new heights and the Pakistan-China partnership has grown even stronger.
Declaring 2026 a year of new goals and responsibilities, Jin said MRDL would open a new chapter of growth through innovation, higher standards and improved performance. He also emphasised the company’s commitment to social responsibility.
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