PPL secures conditional approval for mineral exploration license in Balochistan
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MG News | October 31, 2025 at 09:32 AM GMT+05:00
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.
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