Reko Diq Could Inject $74 Billion into Pakistan’s Gold Market

Pakistan’s Reko Diq copper and gold project is set to deliver massive long-term economic gains, with Barrick Gold CEO Mark Bristow estimating nearly $74 billion in free cash flow over the next 37 years. The project is jointly owned by Barrick Gold, the Government of Pakistan, and the Government of Balochistan, making it one of the country’s most significant mining ventures. Production is expected to begin in 2028, starting with about 200,000 tons of copper annually, with future expansions planned to boost output and extend the mine’s lifespan. Experts say the project will play a crucial role in strengthening Pakistan’s economy, generating substantial revenue for the government through dividends, royalties, and taxes.

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