Mari Minerals partners with Globacore for balochistan exploration licenses

MG News | December 19, 2025 at 04:49 PM GMT+05:00

0:00

December 19, 2025 (MLN): Mari Energies Limited (PSX:MARI) has disclosed a joint venture arrangement involving its wholly owned subsidiary, Mari Minerals (Private) Limited, and Globacore Minerals Limited for mineral exploration in Balochistan.

Under the agreement, the partnership relates to exploration licenses EL-322 and EL-323, located in district Chagai, according to the company's statement issued today.

The transaction is subject to the completion of required corporate, regulatory, and governmental approvals.

As part of the arrangement, Mari Minerals will transfer a 49% working interest in the two exploration licenses to Globacore Minerals.

Despite the transfer, Mari Minerals will retain its role as the operator of the licenses and will continue to carry out exploration activities.

Copyright Mettis Link News

Related News

Mari Energies signs 5 agreements for onshore, offshore exploration blocks

Mari Energies forms JV to convert gas into LNG, CO₂

Name	Price/Vol	%Chg/NChg
KSE100	171,404.49 326.40M	-0.32% -556.16
ALLSHR	103,442.24 795.99M	-0.21% -217.04
KSE30	52,413.79 113.03M	-0.27% -143.72
KMI30	244,645.84 109.10M	-0.15% -378.05
KMIALLSHR	67,050.27 450.39M	-0.02% -14.08
BKTi	47,413.54 37.21M	-0.37% -176.81
OGTi	33,419.75 8.88M	-0.20% -67.52

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	88,100.00	88,460.00 85,135.00	3280.00 3.87%
BRENT CRUDE	60.28	60.30 59.40	0.46 0.77%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.25 2.54%
ROTTERDAM COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	56.48	56.50 55.61	0.48 0.86%
SUGAR #11 WORLD	14.72	14.72 14.45	0.24 1.66%