ROCKEX

TORONTO, Aug 8 (Reuters) – Barrick Gold Corp (ABX.TO) is open to bringing in Saudi Arabia’s wealth fund as one of its partners in Pakistan’s Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday. He also dismissed a June media report that Barrick was in talks with fellow Canadian miner First …

Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project Read More »

NOKKUNDI, BALOCHISTAN – Barrick Gold Corporation’s president and chief executive Mark Bristow this week arrived at the site of the Reko Diq project to review its progress and engage with stakeholders who live in and around the area. Due to go into production in 2028, Reko Diq hosts one of the world’s largest undeveloped copper-gold deposits. Among …

Barrick CEO Engages with Stakeholders Around Reko Diq Site as Project Progresses Read More »

Saudi team and foreign investors attend talks as Pakistan seeks to harness vast resources. Pakistan Prime Minister Shehbaz Sharif (centre) along with Pakistan Army Chief General Syed Asim Munir, Saudi Vice Minister for Mining Affairs Engineer Khalid bin Saleh Al Mudaifer and other foreign dignitaries at Pakistan Mineral Summit held in Islamabad on August 1, …

Pakistan’s maiden Minerals Summit unveils country’s $6 trillion potential Read More »

Reko Diq, in the Balochistan region that borders Afghanistan and Iran, is one the world’s largest undeveloped copper and gold deposits, capable of producing 200,000 tons of copper and 250,000 ounces of gold a year for more than half a century. The project is jointly owned by Barrick and Pakistan. Asked whether he was interested …

Gold Billionaire Sawiris Eyes Stake in $7 Billion Reko Diq Mine Read More »

ISLAMABAD, Sept 4 (Reuters) – Saudi Arabia will invest up to $25 billion in Pakistan over the next two to five years in various sectors, Pakistan’s caretaker Prime Minister Anwaar-ul-Haq Kakar said on Monday, adding his government would also revive a stalled privatisation process. The South Asian nation is embarking on a tricky path to …

Pakistan’s interim PM says Saudi Arabia to invest $25 billion over next five years Read More »

ISLAMABAD, PAKISTAN – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) president and chief executive Mark Bristow says with the updated feasibility study on the giant Reko Diq copper-gold project making rapid progress, the company is aiming to start production in 2028. Speaking at the inaugural session of Pakistan’s first Minerals Summit, Bristow said the signing of the New Reko Diq …

Barrick Targets 2028 for First Production from Reko Diq Read More »