There are some of the greatest copper and gold reserves in the world, and the Reko Diq Project, which is located in the Chagai District of Balochistan, is an important development endeavor. Additionally, the project recently received a boost with a 15% investment offer from Saudi Arabia. The project is scheduled to generate 200,000 tons of copper and 250,000 ounces of gold yearly for more than half a century.
In December 2022, Reko Diq will undergo a restructuring that will allow it to conform to worldwide standards. It is anticipated that this will result in the creation of 8,000 employment upon completion, with 4,000 long-term posts being created during production. In addition to reducing Pakistan’s reliance on fuel imported from other countries, it will improve Pakistan’s energy capacity.
Additionally, Barrick Gold is installing water treatment facilities, as well as schools and healthcare services, in the areas that it operates in.
The opening of medical services in Chagai was made possible by a partnership with the Indus Hospital and Health Network (IHHN). Community health centers have been established in the areas of Humaai and Nokundi, in addition to a mobile health unit that is designed to serve villages that are smaller.
