PM felicitates nation over Reko Diq mine agreement

News Image

MG News | March 20, 2022 at 05:35 PM GMT+05:00

0:00

Mar 20, 2022: Prime Minister Imran Khan on Sunday congratulated the nation and residents of Balochistan province over a successful agreement for the development of Reko Diq mine by setting an investment of US $10 billion and creation of 8,000 new jobs.

In a series of tweets, the prime minister expressed that Reko Diq mine would be potentially the largest gold and copper mine in the world and liberate the country from the crippling debt, ushering in a new era of development.

He informed that a successful agreement was made with the Barrick Gold for the development of Reko Diq.

“I congratulate the nation & ppl of Balochistan on successful agreement with Barrick Gold for development of RekoDiq mine after 10 years of legal battles & negotiations. Penalty of approx (approximately) $ 11 bn is off set, $10 bn will be invested in Balochistan creating 8000 new jobs,” the prime minister said.

“RD will potentially be the largest gold & copper mine in the world. It will liberate us from crippling debt & usher in a new era of development & prosperity,” he tweeted.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 165,686.38
893.80M
0.13%
210.36
ALLSHR 100,785.80
1,526.08M
0.46%
459.02
KSE30 50,923.16
299.51M
-0.22%
-111.60
KMI30 241,650.72
154.62M
-0.57%
-1387.78
KMIALLSHR 66,592.55
833.69M
0.23%
155.08
BKTi 47,014.51
175.18M
0.84%
391.18
OGTi 32,380.15
31.25M
-0.28%
-91.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,180.00 111,720.00
110,680.00
-370.00
-0.33%
BRENT CRUDE 62.42 62.68
62.40
0.51
0.82%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 91.50 91.50
89.30
2.45
2.75%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 58.79 59.01
58.55
0.52
0.89%
SUGAR #11 WORLD 15.67 15.91
15.53
-0.21
-1.32%

Chart of the Day


Latest News
October 15, 2025 at 05:02 PM GMT+05:00

Pakistan, UAE reaffirm commitment to strengthening trade


October 15, 2025 at 04:57 PM GMT+05:00

Pakistan, Egypt deepen maritime ties to boost trade


October 15, 2025 at 04:24 PM GMT+05:00

Bestway Cement profit surges 35% to Rs5.5bn in 1QFY25


October 15, 2025 at 04:20 PM GMT+05:00

CCP cracks down on mercury-contaminated whitening creams



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg