Pakistan Minerals and Mining Updates

Karachi to Get Pakistan’s First Marble City​

By Arsalan Khattak | Published Nov 6, 2026 | 5:34 pm


The Sindh government is establishing Pakistan’s first Marble City in Karachi to attract investment, promote industrial activity and create employment opportunities.

Sindh Information and Transport Minister Sharjeel Inam Memon announced the project at the pre-launch ceremony of the Karachi Marble City Industrial Park. He said the project would enable local processing of marble and granite from Sindh and other parts of the country using modern machinery and technology.

Spread over more than 300 acres along the Northern Bypass, the project carries an estimated cost of $250 million and will operate under a public-private partnership framework.

The government has set the average land price at approximately Rs. 25 million per acre and will offer installment plans to investors.

Special Assistant to the Chief Minister on Investment Qasim Naveed Qamar said the government was also exploring ways to provide affordable electricity, machinery on rent and modern industrial equipment to businesses operating in the park.


Investor registration is scheduled to begin next month. Memon said the project would help Pakistan produce finished marble and granite products for international markets instead of exporting raw materials.
 

Sindh's wider market: Thar coal gets pricing overhaul​

CM approves revised pricing framework for non-IPP buyers


The report notes that excessive levels of selenium, arsenic, mercury, chromium, and lead are of recent origin and associated with coal activities in the Thar coalfields. PHOTO: file

THAR:
Sindh Chief Minister Syed Murad Ali Shah has approved a revised pricing mechanism for Thar coal sales to buyers other than independent power producers (IPPs), in a major push to expand the market for the indigenous fuel, while endorsing Rs9.66 billion in verified financial claims related to duties, taxes and workers' profit participation.

The decisions were taken at the 31st meeting of the Thar Coal and Energy Board, chaired by the chief minister and attended by federal ministers, where the board also approved tariff adjustments and reviewed progress on mining, transportation and energy infrastructure projects.

The revised Chapter 3 of the Thar Coal Pricing Framework 2015 establishes a transparent mechanism for determining prices for non-IPP buyers, distinguishing between short- and long-term coal supply arrangements. It also introduces safeguards to prevent double recovery of costs and ensure that benefits associated with capacity charges already paid by electricity consumers are duly credited to them.

Importantly, costs associated with coal sales to non-IPP buyers will not be passed on through IPP tariffs, protecting existing electricity consumers from additional financial burdens. The framework is aimed at attracting new buyers, encouraging wider industrial use of Thar coal and facilitating long-term investment.


Mining capacity expands

The board reviewed progress on the Thar Coal Drying and Briquetting Project in Block-I, designed to reduce coal moisture content from 45% to 18%. With an intake capacity of 30 tonnes and an output of 22 tonnes per hour, the facility is expected to improve coal quality, transportation efficiency and freight economics.

Federal Energy Minister Sardar Awais Ahmed Khan Leghari congratulated the provincial government on the project's launch.

Rail link gathers pace

The Rs90.3 billion Thar Rail Connectivity Project, featuring a 105-kilometre railway line connecting Thar's coal mines to New Chhor, has achieved 68% physical progress.

Meanwhile, the process of inviting bids for a nine-kilometre double railway line between Bin Qasim and Port Qasim is under way, while construction of the coal-loading station in Block-II has reached 55% completion. Shah directed the Energy Department to complete the loading station by March 2027.
 
The effect of new policy. Pink salt in Germany stores.

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PMIF 2026: Significant placer gold found in Punjab rivers, says CM Maryam​

  • Revenue from the provincial Mines and Minerals Department had risen to Rs40 billion in two and a half years

Chief Minister of Punjab Maryam Nawaz Sharif said on Thursday there was significant evidence of placer gold in all five rivers of Punjab, particularly in Mianwali and Attock districts, and invited international investors to help develop the resource.

Speaking at Pakistan Minerals Investment Forum 2026 (PMIF26) in Islamabad, Sharif held up what she described as a sample of pure gold recovered from river sand and said surveys were still underway to quantify the deposits.

“We have significant evidence that there is sufficient quantity of placer gold,” Sharif said. “It is pure gold, literally flowing in all five rivers, especially Mianwali and Attock, north and south of Punjab.”

“However, we are conducting surveys to see the amount of gold that we have in the rivers. We are also looking for international partners and can turn this opportunity into shared prosperity,” she said.

Maryam said the gold was found alongside sand and gravel containing rare earth and precious minerals that could be equal in value to the gold itself.

“There is so much that we can do with this wealth,” she added.

She linked the claim to a broader push to formalise Punjab’s mining sector, saying revenue from the provincial Mines and Minerals Department had risen from Rs10 billion when she took office to Rs40 billion in two and a half years.

“Pakistan is a pot of gold,” she said. “All we need to do is to unearth it, to explore it and to turn it into tangible wealth.”

Pakistan is hosting the Pakistan Minerals Investment Forum 2026 (PMIF26) in Islamabad to attract foreign investment, promote global partnerships and unlock the country’s vast mineral potential.

The two-day forum would bring together Pakistan’s leadership, international mining executives, investors, policymakers and industry experts to explore investment opportunities in the country’s minerals sector.

Prime Minister Muhammad Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar and Chief of the Army Staff & Chief of Defence Forces (COAS & CDF) Field Marshal Syed Asim Munir are among the key speakers.

Organised by the government of Pakistan, in collaboration with the Special Investment Facilitation Council (SIFC), the forum aims to promote domestic and foreign investment by highlighting Pakistan’s extensive mineral reserves and opportunities across the sector.

The forum would spotlight critical minerals, sustainable mining practices, and policy frameworks designed to enable transparent, responsible, and long-term sector growth. Through high-level dialogues, strategic partnerships, and an international exhibition, PMIF26 aims to position Pakistan as a competitive and trusted destination for global mineral investment.
 
hydrabadi_arab said:
She linked the claim to a broader push to formalise Punjab’s mining sector, saying revenue from the provincial Mines and Minerals Department had risen from Rs10 billion when she took office to Rs40 billion in two and a half years.
Click to expand...

Punjab earn more from minerals then KPK, **** u to all those retarded pashtunists with BS claims.
 

Mari Minerals, Ivanhoe Mines sign agreement to explore copper, gold in Chagai​


MG News | November 12, 2026 at 06:42 PM GMT+05:00

0:00 1x 2x
November 12, 2026 (MLN): Petroleum Minister Ali Pervaiz Malik witnessed the signing of an agreement between Ivanhoe Mines and Mari Minerals to explore copper and gold deposits in Chagai, Balochistan, on the sidelines of the Pakistan Minerals Investment Forum (PMIF).

Under the agreement, the two companies plan to carry out exploration work to assess the area’s mineral potential and identify opportunities to develop its copper-gold resources.

The minister also met leading international mining and investment companies at the forum, as Islamabad seeks to draw foreign investment and widen global partnerships in the minerals sector.

Ali Pervaiz Malik held separate meetings with Barrick Mining Corporation Chairman John Thornton and the company’s senior leadership, Weir Chief Executive Andrew Neilson, Trafigura Head of Metals and Minerals (MENA) Ibrahim El Gazzar and his delegation, and Çalık Holding Chief Executive Officer Mustafa Aksoy, said a press release issued.

He also met a delegation of Ivanhoe Mines led by Robert Friedland.

Andrew Neilson told the minister that Weir wants to deepen its role in Pakistan’s mining sector and take part in more projects beyond its current involvement in Reko Diq.

Ibrahim El Gazzar said Trafigura is keenly interested in the Zinc-Barite project and is also looking at opportunities in the LPG, bonded storage and refinery sectors.

John Thornton said visiting Pakistan was always a pleasure, pointing to the company’s continued engagement with the country.

The minister welcomed the growing interest of global companies in Pakistan’s minerals sector.

He said PMIF offers an important platform to connect international investors with opportunities, build partnerships and unlock the country’s vast mineral potential.
 
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