Saindak Copper-Gold Mine is located near Saindak town in Chagai District of Balochistan, Pakistan. The discovery of copper deposits at Saindak was made in the 1970s in collaboration with a Chinese engineering firm. The Saindak Copper-Gold Project was set up by Saindak Metals Ltd, a company fully owned by the Government of Pakistan, by the end of 1995 at a cost of PKR 13.5 billion. Pakistan and China signed a formal contract worth $350 million for development of Saindak Copper-Go
Fool’s gold Pakistan could have made big money from gold mines, now it’s paying penalties The $5.8 billion penalty in the Reko Diq case should make Pakistanis reconsider the military’s overwhelming presence in their lives. Husain Haqqani 16 July, 2019 10:52 am IST. Facebook. Twitter. Linkedin. Email. WhatsApp. Pakistan Prime Minister Imran Khan Facebook. Text Size: A-A+. A t a time
Gold, silver and copper anomalies are also found near the village of Zaluka, Dir. Sample analyzed from this zone contains 3-11 ppm gold along with silver and copper content. Despite potential of gold mining available in Pakistan, uncertainty surrounds the future of world class gold mines in Pakistan due to the poor handling of the projects by the Regional authorities.
Pakistan has deposits of several minerals including coal, copper, gold, chromite, mineral salt, bauxite and several other minerals. There are also a variety of precious and semi-precious minerals that are also mined. These include peridot, aquamarine, topaz, ruby, emerald, rare-earth minerals bastnaesite and xenotime, sphene, tourmaline, and many varieties and types of quartz .
Tethyan is a fully owned joint venture company of Barrick Gold of Canada and Antofagasta Minerals of Chile;both gold and copper mining leaders globally. TCC, in partnership with Government of Balochistan, is evaluating the development of a world-class copper-gold mine at RekoDiq, District Chagai of Balochistan.The Company has invested over US$220 million (excluding acquisition costs)
In 1993, Siah Rek and its nearby village Humai got another name: the Reko Diq gold and copper mining project. In the Balochi language, the name evokes infinite riches — sand (rek) and mounds (diq) of gold. On the evening of July 29 that year, the Governor House in Quetta was humming with an air of urgency, unusual for this stately mansion where nothing moves except at the speed of a snail