Foreign company plans to invest $3 billion in Reko Diq copper-gold mine
A foreign joint-venture company plans to invest up to $3 billion in Pakistan in a copper and gold mine, the venture's chief executive said on Tuesday. Tethyan Copper Co Ltd, a joint venture between Canada's Barrick Gold and Chile's Antofagasta Plc, one of the world's largest copper miners, has been granted an exploration license for the Reko Diq site in Balochistan.
Publication Date:
01/07/2009