PPL secures conditional approval for mineral exploration license in Balochistan

MG News | October 31, 2025 at 09:32 AM GMT+05:00

0:00

October 31, 2025 (MLN): Pakistan Petroleum Limited (PSX:PPL) has received conditional approval from the Government of Balochistan (GoB) for the grant of Exploration License (EL-331) to explore Precious and Base Metals Group and associated minerals in District Chagai, Balochistan.

This development is in line with the company’s strategic focus on diversifying beyond hydrocarbons to ensure long-term business sustainability, according to the company’s filing on PSX today.

It also reaffirms PPL’s commitment to expanding its footprint in Pakistan’s mineral sector.

The company stated that the approval process will be completed following the fulfillment of all relevant legal, regulatory, and procedural requirements.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,258.55 345.39M	-0.85% -1432.54
ALLSHR	99,756.66 682.04M	-0.84% -849.13
KSE30	50,917.87 169.66M	-0.80% -409.75
KMI30	232,771.76 122.66M	-0.63% -1483.82
KMIALLSHR	63,780.68 324.88M	-0.84% -537.69
BKTi	49,031.15 76.99M	-1.23% -610.02
OGTi	32,693.73 16.75M	-1.13% -372.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%