Pakistan Minerals and Mining Updates

[SoulSpokesman]

@AZADPAKISTAN2009

AP bro,

You missed Thar Coal and shale gas.

The Civilians , poor class , Be Happy being poor while Rich Army , Judges and Politicians enjoy the wealth and their VIP protocol life style an 10 Million Dollar + bank balance

If both groups- civvies and the VIPs are happy with their respective lot, who are we to complain.

Regards

 

[harpy1]

Minerals are worth trillions in every country especially Africa
But look at Russia 75 trillion dollars
The bigger your land mass coast line the greater resources potentially
UK conquest of the world happened because of leadership navy and technology and cunning strategic moves
Sadly lacking in south Asia especially Pakistan who are constant inner political turmoil there is no one able to use your resources effectively be it minerals or your massive population of 250 million to build a thriving middle class that propels your country forward

 

[Pradotlc]

Relax these are just small time skirmishes. They can't hold a cordon for more than 3 hours.

When you have an army performing like this and without any decent hardware, then its time to worry.

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you really have no clue what is going on

 

[Justin TruDont]

Iraq had an Estimated 3 Trillion USD worth of Oil
and it led to a full fledge US invasion and 12 year military occupation.

If Pakistan had anywhere that kind of mineral wealth, then Bush and Cheney's America would have been inside Pakistan as part of war on terror in 2001

 

[GatlingGun]

Iraq had an Estimated 3 Trillion USD worth of Oil
and it led to a full fledge US invasion and 12 year military occupation.

If Pakistan had anywhere that kind of mineral wealth, then Bush and Cheney's America would have been inside Pakistan as part of war on terror in 2001

Iraqi oil fields were shallow, and already up 'n running, Pakistani resources need massive capital investment to begin with.
Maybe Pakistan once start extracting we might see higher threat of destabilization. (Not like it already isn't )
@Lulldapull whatddaya say. Should Pakistan risk extracting minerals or not ?

 

[Lulldapull]

Iraqi oil fields were shallow, and already up 'n running, Pakistani resources need massive capital investment to begin with.
Maybe Pakistan once start extracting we might see higher threat of destabilization. (Not like it already isn't )
@Lulldapull whatddaya say. Should Pakistan risk extracting minerals or not ?

No way bhai…….that big billo was standing next to Jay Shankar and billo twice his fukkin size that fat fukk.

He’s going to get bigger and fatter and our whole population won’t see a penny.

 

[AZADPAKISTAN2009]

Pakistan has already been extracting

• Extracting Gas since 70's
• Water from Glaciers (free for 70 years)
• Extracting Marble for ages from Balochistan
• Coal past 4-5 Years
• Agricultural revenue from exports (no farming tax)
• Oil comes from Iran into Pakistan worth billions
• Precious Pink Salt , extracted from Pakistan

Who exactly gets what ?? Let me explain

What is the public getting ?

• Higher bills
• Higher taxes
• Worse standard of life and living
• No human rights
• No pension plan
• No Health plan Universally available all country
• Police harassments, police eating in restaurants , free groceries taken by police
• No hospitals
• Kidnappings , and missing person
• Shit quality schools

What is the 1-5% getting ? (Army - Judges - Politician)

• Acres and acres of Land sold for millions
• 5,000 Acres to 10,000 acres of land owned from Pre 1947 India never transferred back to State of Pakistan
• Housing societies
• Fauji Pension plan
• Judges 250,000 USD retirement perk for house building
• Free housing while employed , Free Petrol , Free Gas
• Free Servant Allowance
• Free Chef
• Free Education for Children
• Higher Education standard in private schools , better teachers
• Politicians send their children to foreign University
• Green Card Perks for Children to move to USA
• VIP Security guard protocol for Family member (16-20 Security guard) , bullet proof vehicles
• Import and share of expensive European cars and SUVs
• Small Militia owned by Politicians in Villages now part of police
• Ownership of Big Shopping Plaza , Commercial plazas , Condos
• Handsome 30 Day Vacation
• Daily Per Diem for expenses for Food , food allowance
• When travelling on foreign tour , access to PIA 5 star hotel
• Free Tickets on PIA
• 4-5 Million USD Villas located on prime Hill areas , protected by guards

That D Chawk line was the line which divides the People of Pakistani and the rich 5% , Pakistani people have spilled their blood on that damn Islamabad highway



Even if Trillion Dollar is extracted from Riqo Diq , Pakistani people don't get anything out of it

 

[Lulldapull]

Pakistan has already been extracting

• Extracting Gas since 70's
• Water from Glaciers (free for 70 years)
• Extracting Marble for ages from Balochistan
• Coal past 4-5 Years
• Agricultural revenue from exports (no farming tax)
• Oil comes from Iran into Pakistan worth billions

Who exactly gets what ?? Let me explain

What is the public getting ?

• Higher bills
• Higher taxes
• Worse standard of life and living
• No human rights
• No pension plan
• No Health plan Universally available all country
• Police harassments, police eating in restaurants , free groceries taken by police
• No hospitals
• Kidnappings , and missing person

What is the 1-5% getting ? (Army - Judges - Politician)

• Acres and acres of Land sold for millions
• 5,000 Acres to 10,000 acres of land owned from Pre 1947 India never transferred back to State of Pakistan
• Housing societies
• Fauji Pension plan
• Judges 250,000 USD retirement perk for house building
• Free housing while employed , Free Petrol , Free Gas
• Free Servant Allowance
• Free Chef
• Free Education for Children
• Politicians send their children to foreign University
• Green Card Perks for Children to move to USA
• VIP Security guard protocol for Family member (16-20 Security guard) , bullet proof vehicles
• Import and share of expensive European cars and SUVs
• Small Militia owned by Politicians in Villages now part of police
• Ownership of Big Shopping Plaza , Commercial plazas , Condos
• Handsome 30 Day Vacation
• Daily Per Diem for expenses for Food , food allowance
• When travelling on foreign tour , access to PIA 5 star hotel
• Free Tickets on PIA
• 4-5 Million USD Villas located on prime Hill areas , protected by guards

That D Chawk line was the line which divides the People of Pakistani and the rich 5% , Pakistani people have spilled their blood on that damn Islamabad highway

Bilkul.......!!!!

We da fools get fleeced daily and can't move back to our country and live in a society of justice/ law n order.

Kamal hae bhai........

 

[Lulldapull]

Iraq had an Estimated 3 Trillion USD worth of Oil
and it led to a full fledge US invasion and 12 year military occupation.

If Pakistan had anywhere that kind of mineral wealth, then Bush and Cheney's America would have been inside Pakistan as part of war on terror in 2001

Oh paeee, last estimate of Iraqs oil reserves was $30 trillion, not $3 trillion!

Why do you think da US invaded??

Mainay coludd logon di tarha sarrak beech tutti keeti hae and its worth a thousand dollars?

Come on now?

Iran kyun bettha hae Iraq main?



Dalit key shaanndd?

@Sharma Ji @vsdoc @GatlingGun @agidest @AjayGhatak @Bagheera0084 @Developereo @alphapak @hussain0216 @SaadH @newb3e @Hussain @AZADPAKISTAN2009 @Dalit @Mirzali Khan @RealNapster

 

[Fatman17]

EDITORIAL: The KP Assembly remains deeply divided over proposed contentious mining legislation. Even many of the ruling PTI legislators have opposed the draft bill approved by the provincial cabinet some weeks ago.

In Balochistan, a more controversial version of the law was passed by the province’s legislature during a brief Ramazan session. In spite of the initial political ‘consensus’, the new law is now being opposed by the parties which had previously lent their support to the provincial government for its smooth passage.

At the heart of the opposition are several valid concerns regarding the potential political, social and environmental fallout of the legislation.

Read full editorial: https://www.dawn.com/news/1906044

 

[ghazi52]

Barrick, Komatsu ink $440mn deal for Pakistan’s Reko Diq mines​

BR Web Desk
June 25, 2025



Canadian mining giant Barrick Gold Corporation, operator of the Reko Diq Mining joint venture, has finalised a $440 million agreement with Japanese construction equipment manufacturer Komatsu for the supply of primary mining equipment to the Reko Diq copper gold project in Pakistan, with deliveries set to begin in 2026.

“Valued at $440 million over the first five years, the deal marks Komatsu’s first major mining equipment placement in its Middle East territory and underscores the strengthening partnership between the two companies,” Komatsu said in a statement.

It shared that as part of its commitment to supporting Reko Diq’s operations, Komatsu intends “to establish KOMATSU PAKISTAN MINING (SMC-PRIVATE) LIMITED, a new entity dedicated to providing service and technical expertise at Reko Diq”.

“Additional investments will also be made to Komatsu Middle East FZE, the regional headquarters in Dubai, UAE, to support an expanded equipment footprint in the region,” it said.

“The Reko Diq project represents a long-term investment in our future and that of mining in Pakistan, and our partnership with Komatsu is an important part of that vision,” said Mark Bristow, Barrick President and CEO.

According to the statement, the equipment package for Reko Diq includes: Komatsu 980E-5 ultra-class haul trucks, P&H 4100XPC AC electric rope shovels, Komatsu PC7000-11 mining excavators and Komatsu WE2350-2 electric wheel loaders.

“Barrick is an important global partner for Komatsu, and we are excited to expand our relationship to support the development of Reko Diq,” said Peter Salditt, President, Komatsu Mining Business Division.

“The scale and complexity of this project demand proven, high-performance equipment, and we are confident our ultra-class haul trucks, electric rope shovels, and other mining machines will meet the challenge. We look forward to continuing to work alongside Barrick to drive productivity and innovation in mining,” he added.

Reko Diq is expected to become a world-class copper-gold mine, contributing to Pakistan’s economic development.

 

[ghazi52]

Donors offer $5b for Reko Diq​

ADB, US Exim Bank among lenders offering funds for copper, gold project

ZAFAR BHUTTA
August 02, 2025

Reko Diq

ISLAMABAD: Pakistan has received an overwhelming response from multinational donors and agencies, which have offered $5 billion in financing to execute the multibillion-dollar Reko Diq copper and gold mining project in Balochistan.

Sources told The Express Tribune that the commitments received from foreign donors were more than the funding requirement for the Reko Diq project, which is estimated at $3 billion.

They said that the donors included the Asian Development Bank (ADB), Islamic Development Bank (IDB), International Finance Corporation (IFC) and US Exim Bank. Development agencies from Germany and Denmark have also offered financing.

According to sources, the financial close of the project is at an advanced stage and Petroleum Minister Ali Pervaiz Malik, backed by the Special Investment Facilitation Council (SIFC), is taking the lead and making aggressive efforts to expedite work, which will pave the way for exploring the entire potential of the mining sector.

It is interesting to note that the US Exim Bank has offered no cap on financing and is ready to provide capital, which Pakistan and other partners desperately need. The Ministry of Petroleum recently organised a webinar in association with the US embassy to woo American investors to participate in mining projects in Pakistan. State-owned exploration giant Oil and Gas Development Company (OGDC) is a key partner in the Reko Diq project and efforts are underway to kick off work. It also helped arrange a mineral conference, which attracted financing offers.

Pakistan is blessed with abundant mineral resources that hold immense potential for fuelling economic growth and industrial development. The country’s vast reserves of minerals, including coal, copper, gold, iron ore, chromite and precious stones, provide a solid foundation for the mining sector to thrive and contribute to economic development.

Despite its huge potential, the mineral sector currently contributes around 3.2% to the gross domestic product (GDP), with exports accounting for only 0.1% of the world’s total. However, with increasing exploration, foreign investment and infrastructure improvements, the mining industry is poised for significant expansion.

 

[ghazi52]

Pakistan’s mineral-rich landscape covers an outcrop area of approximately 600,000 square kilometres. With 92 known minerals, 52 of which are commercially exploited, Pakistan produces an estimated 68.52 million metric tons of minerals annually. The sector supports over 5,000 operational mines and 50,000 small and medium enterprises (SMEs), providing direct employment to 300,000 workers.

Some of the country’s most notable mineral reserves include the world’s second-largest salt mines, the fifth-largest copper and gold deposits and significant coal reserves. Furthermore, Pakistan holds vast quantities of bauxite, gypsum and precious stones such as ruby, topaz, and emerald, which offer considerable export potential.

Globally, mineral resources play a crucial role in economic development. Many developed countries, including China, Italy, Turkiye, Spain and Brazil, have effectively leveraged their mineral wealth to fuel industrial growth, increase employment and enhance per-capita income.

Pakistan’s mineral sector holds similar promise. With strategic planning and investment, the country can improve trade, generate employment and facilitate infrastructure development, ultimately accelerating economic progress.

The local mining sector is increasingly attracting foreign investment, with global firms eyeing the untapped mineral reserves. The Reko Diq copper and gold project, located in the Chagai district of Balochistan, has the world’s largest untapped copper reserves and stands as a milestone for Pakistan’s mining ambitions.

The project, revived by Canada’s Barrick Gold, is expected to start producing copper and gold by 2028, with an initial investment of $5.5 billion. According to Mark Bristow, CEO of Barrick Gold, which owns a 50% stake in the project, the reserves are expected to generate $74 billion in free cash flow over the next 37 years.

The mine is anticipated to generate $2.8 billion in annual exports, create thousands of jobs and transform the local economy. A planned expansion will increase copper production to 400,000 tonnes and gold output to 500,000 ounces per year, with an additional investment of $3.5 billion.

Under an intergovernmental transaction agreement, the federal cabinet has approved the sale of a 15% stake in the Reko Diq project to Saudi Arabia. This underscores the region’s potential as a hub for foreign investment in the mining sector. Saudi Arabian mining company Manara Minerals will acquire the 15% stake, potentially involving an investment of $1 billion.

Logistics for the Reko Diq mine will be managed through a railway track, which is being built in partnership with Pakistan Railways. Railway tracks will essentially entail moving mining supplies to Karachi and eventually exporting copper concentrate and gold.

 

[rafale]

Donors offer $5b for Reko Diq​

ADB, US Exim Bank among lenders offering funds for copper, gold project

ZAFAR BHUTTA
August 02, 2025

Reko Diq

ISLAMABAD: Pakistan has received an overwhelming response from multinational donors and agencies, which have offered $5 billion in financing to execute the multibillion-dollar Reko Diq copper and gold mining project in Balochistan.

Sources told The Express Tribune that the commitments received from foreign donors were more than the funding requirement for the Reko Diq project, which is estimated at $3 billion.

They said that the donors included the Asian Development Bank (ADB), Islamic Development Bank (IDB), International Finance Corporation (IFC) and US Exim Bank. Development agencies from Germany and Denmark have also offered financing.

According to sources, the financial close of the project is at an advanced stage and Petroleum Minister Ali Pervaiz Malik, backed by the Special Investment Facilitation Council (SIFC), is taking the lead and making aggressive efforts to expedite work, which will pave the way for exploring the entire potential of the mining sector.

It is interesting to note that the US Exim Bank has offered no cap on financing and is ready to provide capital, which Pakistan and other partners desperately need. The Ministry of Petroleum recently organised a webinar in association with the US embassy to woo American investors to participate in mining projects in Pakistan. State-owned exploration giant Oil and Gas Development Company (OGDC) is a key partner in the Reko Diq project and efforts are underway to kick off work. It also helped arrange a mineral conference, which attracted financing offers.

Pakistan is blessed with abundant mineral resources that hold immense potential for fuelling economic growth and industrial development. The country’s vast reserves of minerals, including coal, copper, gold, iron ore, chromite and precious stones, provide a solid foundation for the mining sector to thrive and contribute to economic development.

Despite its huge potential, the mineral sector currently contributes around 3.2% to the gross domestic product (GDP), with exports accounting for only 0.1% of the world’s total. However, with increasing exploration, foreign investment and infrastructure improvements, the mining industry is poised for significant expansion.

US EXIMP bank providing financing to Pakistan, this is big big news. Many people don't realize this, but this is huge win. It means it opens up lending from US institutions in other areas of Pakistan as well. It also means that the bank 100% sure about the future profitability and feasibility of this venture.

Previously almost all CPEC related financing came from Chinese banks and only Hydro related had some ADB type financing.

This is great news.

 

[ghazi52]

US EXIMP bank providing financing to Pakistan, this is big big news. Many people don't realize this, but this is huge win. It means it opens up lending from US institutions in other areas of Pakistan as well. It also means that the bank 100% sure about the future profitability and feasibility of this venture.

Previously almost all CPEC related financing came from Chinese banks and only Hydro related had some ADB type financing.

This is great news.

True, this is a great News.