Pakistan, Canada explore deeper mineral investment as Reko Diq mine project advances

The hills near the proposed site of the Reko Diq copper mine in Pakistan's province of Baluchistan are seen in this undated 2010 photo. (Reuters/File)
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Updated 22 January 2026
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Pakistan, Canada explore deeper mineral investment as Reko Diq mine project advances

  • Canadian envoy cites Reko Diq as model for expanding Pakistan-Canada mineral cooperation
  • Islamabad pitches vast copper-gold reserves as economic lifeline after years of stalled development

ISLAMABAD: Pakistan and Canada are exploring deeper cooperation in the minerals and energy sectors as Islamabad accelerates efforts to revive long-delayed mining projects, including the Reko Diq copper-gold mine, one of the world’s largest undeveloped mineral deposits, according to a statement from Pakistan’s Information Ministry this week. 

The Reko Diq copper-gold project is one of the world’s largest undeveloped mineral deposits, with estimated reserves of around 5.9 billion tons of ore containing both copper and gold. The project, in Balochistan’s Chagai District, was stalled for over a decade amid international legal disputes but was reconstituted in 2022 with Canadian mining giant Barrick Gold holding a 50 percent stake alongside Pakistani federal and provincial partners. 

Recent steps toward implementation include multilateral financing arrangements involving international banks and institutions, and major equipment contracts, such as a $440 million deal with Japan’s Komatsu for mining machinery, signaling readiness for construction phase activities starting in 2026. Last month, Washington approved $1.25 billion in US Export-Import Bank financing for Reko Diq, with the package also expected to unlock up to $2 billion in US equipment and service exports for the project.

First production is expected by late 2028 under the revived partnership, with estimates suggesting annual output of around 200,000 tons of copper and significant gold yields once operations scale up. This project is central to Islamabad’s strategy to position mining as a pillar of economic recovery, as it hosts international mineral investment forums, seeks partnerships with Western and Gulf countries, and signs cooperation agreements on critical minerals, including with the United States. Officials see large-scale mining projects as potential drivers of exports, foreign exchange earnings and job creation in a country grappling with debt pressures and slow growth.

Against this backdrop, Federal Minister for Petroleum Ali Pervaiz Malik met Canada’s High Commissioner to Pakistan, Tarik Ali Khan, on Wednesday to discuss expanding bilateral cooperation in mining and energy, the information ministry said.

“The success of Barrick Gold at Reko Diq is a strong example to build upon Pakistan–Canada mineral cooperation,” the high commissioner said, according to the statement, adding that Canada was actively working to encourage more Canadian companies to engage with Pakistan’s mining sector.

The envoy said Canada’s ministry of natural resources was ready to support cooperation with Pakistan, noting that Canadian expertise in large-scale mining, environmental standards and community development could play a role as Pakistan opens up its mineral sector. He also said Canada was encouraging participation in the Pakistan Minerals Investment Forum to attract global investors.

The Canadian high commissioner also invited Pakistan to participate in the Prospectors & Developers Association of Canada (PDAC) convention in 2026, one of the world’s largest mining investment forums, calling it an opportunity to showcase Pakistan’s mineral potential to international investors.

Petroleum Minister Malik welcomed Canadian interest, saying technical expertise and intellectual capital would help strengthen Pakistan’s systems and boost investor confidence, particularly among international mining companies, the statement said.

Both sides also discussed cooperation in the energy sector, with Canada offering technical assistance, according to the statement. 
 


Pakistan’s capital picks concrete over trees, angering residents

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Pakistan’s capital picks concrete over trees, angering residents

  • Between 2001 and 2024, Islamabad lost 14 hectares of tree cover, according to Global Forest Watch 
  • Officials justify removing trees to tackle seasonal pollen allergies that are especially acute in spring

ISLAMABAD: Pakistan’s capital Islamabad was once known for its lush greenery, but the felling of trees across the city for infrastructure and military monuments has prompted local anger and even lawsuits.

Built in the 1960s, Islamabad was planned as a green city, with wide avenues, parks and tree-lined sectors.

Many residents fear that vision is steadily being eroded, with concrete replacing green spaces.

Muhammad Naveed took the authorities to court this year over “large-scale tree cutting” for infrastructure projects, accusing them of felling “many mature trees” and leaving land “barren.”

The World Wide Fund for Nature (WWF) blamed major infrastructure development, including road construction and monuments, for the mass razing of trees and natural vegetation in Islamabad.

Between 2001 and 2024, the capital lost 14 hectares of tree cover, equal to 20 football pitches, according to Global Forest Watch, though the figure does not account for tree cover gains during the same period.

For Kamran Abbasi, a local trader and resident since the 1980s, it feels like “they are cutting trees everywhere.”

“It is not the same anymore,” he told AFP.

“Trees are life. Thousands are cut to build one bridge.”

SMOG AND POLLEN

Meanwhile, air quality in Islamabad continues to deteriorate.

Pollution is a longstanding problem, but plants can help by filtering dirty air, absorbing harmful gases and cooling cities.

“Forests act as powerful natural filters... cleaning the air and water, and reducing the overall impact of pollution,” Muhammad Ibrahim, director of WWF-Pakistan’s forest program told AFP.

There were no good air quality days in Islamabad last month, with all but two classed as “unhealthy” or “very unhealthy” by monitoring organization IQAir.

While some trees are felled for infrastructure, officials justify removing others to tackle seasonal pollen allergies that are especially acute in spring.

That problem is largely attributed to paper mulberry trees, which were planted extensively during the city’s early development.

“The main reason is pollen allergy,” said Abdul Razzaq, an official from the Capital Development Authority (CDA) in Islamabad.

“People suffer from chest infections, asthma and severe allergic reactions. I do too,” he told AFP.

The government plans to remove 29,000 pollen-producing trees and plants, according to a recent WWF report.

However, critics argue that pollen allergies are an excuse to justify broader tree-cutting, particularly linked to military and infrastructure projects.

The solution lies not in indiscriminate tree removal, but careful urban planning, experts say, replanting with non-allergenic species — and greater transparency around development projects in the capital.

CAPITAL UNDER AXE

In recent months, large bulldozers have been spotted levelling former green belts and wooded areas, including near major highways.

According to WWF and unnamed government officials, some of the cleared land is tapped for monuments commemorating the brief but intense armed conflict between Pakistan and neighboring India last May.

Other plots were razed to make way for military-linked infrastructure.

“We know that trees are being cut for military-related projects, but there is not much we can do,” a government source told AFP, requesting anonymity for security reasons.

“The people in power, the military, can do whatever they want.”

Pakistan’s powerful military has ruled the country for decades through coups and is deeply involved in the country’s politics and economy, analysts say.

At a proposed military monument site along the city’s express highway, WWF recorded more than six hectares of land clearing last year, with work continuing in 2026.

It saw “no active plantation... indicating that the clearing is infrastructure driven.”

The military did not respond to AFP’s request for comment.

Naveed’s court case seeking to halt the widespread felling, which is still being heard, argues there is “no excuse” for the tree loss.

“If a monument is deemed essential, why was it not placed in any existing park or public place?” he argues.

In reply to Naveed’s petition, authorities said roads and infrastructure projects were approved under regulations dating back to 1992.