‘Generational benefits’ from Reko Diq mines will uplift conflict-hit Balochistan — Barrick CEO

Mark Bristow, CEO of Barrick Gold Co., speaks during the Investing in African Mining Indaba 2023 conference in Cape Town, South Africa on February 8, 2023. (REUTERS/File)
Short Url
Updated 15 July 2025
Follow

‘Generational benefits’ from Reko Diq mines will uplift conflict-hit Balochistan — Barrick CEO

  • Mining giant highlights local hiring, health care and education projects during visit to remote Chagai village
  • Project being developed in backdrop of decades of unrest, economic marginalization in restive Balochiatan

QUETTA: The chief executive of Canadian mining firm Barrick Gold said this week the multibillion-dollar Reko Diq copper and gold project in Pakistan’s Balochistan province will deliver “generational benefits” to the impoverished, conflict-hit region, as he met residents of Humai village near the mine site.

The Reko Diq project, jointly owned by Barrick and the governments of Pakistan and Balochistan, is one of the world’s largest undeveloped copper-gold deposits. Long delayed by legal disputes and concerns over foreign investment, the mine is seen as a potential economic game changer in a province that has long suffered from poverty, underdevelopment, and armed separatist violence.

Balochistan, Pakistan’s largest but least populated province, has for years seen unrest rooted in demands for greater autonomy and a larger share of natural resource revenues. Separatist militants have regularly targeted infrastructure, Chinese investments, and security forces. Against this backdrop, Barrick has emphasized its commitment to inclusive and transparent development.

“Reko Diq is not just a mining project; it is a multi-generational opportunity that promises sustained economic and social development for local communities for decades to come,” Barrick CEO Mark Bristow said in a statement on Monday released after he visited Humai, the closest village to the project site in District Chagai.

Bristow met local elders and development committee members, reaffirming the company’s goal to invest in job creation, skills training, education, and health care for Baloch communities.

“We are creating job opportunities not only through RDMC but also through our large network of partner and supplier companies that are coming onboard to support this major development,” Bristow said. “Currently, 75 percent of our workforce is from Balochistan — the majority from District Chagai — and we aim to continue strengthening this local representation.”

Bristow also highlighted recent investments in health care, including a new Mother and Child Health Center in Humai that offers maternal care services — the first such facility of its kind in the area.

“No meaningful development of this world-class mineral resource can happen without the active involvement and support of the people who live here,” he said.

Humai village chief Liaqat Malik and Par-e-Koh Community Development Committee Chairman Taj Muhammad thanked Bristow and RDMC for their engagement and development work, pledging continued community support for the project, according to the Barrick statement. 

The Reko Diq project is expected to begin production by 2028 and generate thousands of jobs while significantly boosting Pakistan’s export revenues. The Pakistani government has said it will ensure environmental protections and fair distribution of project benefits, though watchdog groups continue to call for greater transparency and community participation in oversight.


UAE, Pakistan launch new feeder service to strengthen maritime connectivity

Updated 5 sec ago
Follow

UAE, Pakistan launch new feeder service to strengthen maritime connectivity

  • The new service establishes a regular shipping link between Karachi and the UAE ports of Fujairah and Khor Fakkan
  • It will support supply chain continuity and help ensure Pakistan’s trade maintains dependable access to global markets

KARACHI: Pakistan and Emirati authorities have launched a new feeder service linking Karachi with the UAE ports of Fujairah and Khor Fakkan to strengthen maritime connectivity, the Karachi Port Trust (KPT) announced on Thursday.

The UAE is Pakistan’s third-largest trading partner, after China and the United States. Policymakers in Pakistan consider the UAE an optimal export destination due to its geographical proximity, which minimizes transportation and freight costs

The new service establishes a regular shipping link between Karachi and two of the region’s key transshipment hubs, enabling Pakistani importers and exporters to maintain reliable access to global container shipping networks.

The service will call at the Karachi Gateway Terminal Limited (KGTL), part of AD Ports Group’s international operating arm, Noatum Ports. The first vessel of the service arrived at KGTL on the evening of 11 March, officially marking the start of regular operations.

“The introduction of this feeder service further enhances Karachi Port’s connectivity with key regional hubs and supports Pakistan’s growing trade requirements,” KPT Chairman Rear Admiral (Retd.) Shahid Ahmed said in a statement.

“Strengthening maritime links with the UAE will help facilitate smoother cargo movement while providing greater flexibility for the country’s trading community as per the vision of honorable Minister for Maritime Affairs Mr.Junaid Anwar Choudhry.”

Pakistan’s economy relies heavily on maritime trade, and strengthened connectivity with regional transshipment hubs provides additional resilience for exporters, importers and supply chains. The new feeder link supports supply chain continuity through KGTL and helps ensure Pakistan’s trade maintains dependable access to international markets, according to KPT.

Cargo routed through Fujairah and Khor Fakkan will benefit from seamless connectivity to regional and international shipping networks, supported by the UAE’s advanced logistics infrastructure. Containers can be efficiently transferred via integrated road and rail corridors to major commercial hubs and logistics centers across the UAE.

“The commencement of this feeder service reflects KGTL’s continued commitment to strengthening Pakistan’s maritime connectivity and supporting the country’s trading community,” said KGTL Chief Executive Officer Khurram Aziz Khan.

“By linking Karachi directly with major UAE transshipment hubs, this service provides importers and exporters with reliable access to global shipping networks while reinforcing the role of Karachi Gateway Terminal as a key gateway for international trade.”