ISLAMABAD: After refusal of Barrick Gold Corporation to sell out its stakes in the multibillion-dollar Reko Diq project, Pakistan and Saudi Arabia have agreed in principle to strike a deal whereby.
TORONTO: Canadian miner Barrick Gold is in talks with the International Finance Corporation and other agencies to raise at least $2 billion for the first phase of the Reko Diq copper project in.
ISLAMABAD: Saudi Arabia is likely to finalise a multibillion-dollar procurement of stakes in Reko Diq and investment in other projects after the signing of Free Trade Agreement by the Gulf.
How could a government – any government in the world – turn a hundred billion-dollar asset into an eleven billion-dollar liability? In 1993, BHP Billiton, an Australian mining company,.