Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Visit: 147
Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Visit: 179
Pakistan’s PM invites Rio Tinto to explore investment opportunities
Mining News Pro - Pakistan’s Prime Minister extended an invitation to Rio Tinto’s CEO to visit the country to explore investment opportunities further in a meeting in New York on Thursday.
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Visit: 229
Barrick says big miners show interest in Pakistan copper project
Mining News Pro - Barrick Gold Corp.’s top executive says it’s not just Saudi Arabia interested in his company’s massive copper project in Pakistan — some major mining companies are, too.
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Visit: 130
Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project
Mining News Pro - Barrick Gold Corp is open to bringing in Saudi Arabia’s wealth fund as one of its partners in Pakistan’s Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday.
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Visit: 194
Pakistan closer to letting Barrick Gold proceed with $7bn project
Mining News Pro - The project, which hosts one of the world’s largest undeveloped copper-gold deposits, has been on hold since 2011 due to a dispute over the legality of its licensing process.
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Visit: 386
Barrick Gold, Pakistan set copper-gold project funding structure
Mining News Pro - Barrick Gold and the Pakistan government have agreed on the structure governing the funding and profit-sharing of the $7 billion Reko Diq copper-gold deposit in the province of Balochistan.
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Visit: 465
Esfahan Steel products on the way to Pakistan
Mining News Pro - Pakistan, Iran's neighbor country with a population of 220 million, is a potential market for a variety of Iranian products, including steel products.
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Visit: 934
Barrick bets big on Pakistan with $7 billion copper mine project
Mining News Pro - Barrick Gold Corp.’s first crack at building a copper mine in Pakistan was thwarted when the government denied it permits. A decade later, the company is making another — much bolder — attempt.
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Visit: 799
Pakistan in talks with Tethyan Copper to resolve $5.8bn dispute
Mining News Pro - Pakistan is in talks with Tethyan Copper to settle a $5.8 billion dispute around the Reko Diq copper project, two senior Pakistani officials told Reuters on Thursday.
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Visit: 605
Cautious Buying Pulls Down Imported Scrap Prices in Pakistan
Mining News Pro - Imported scrap Offers to Pakistan have plummeted over the last week, following a downturn at global levels as well as low bids and general disinterest from the buyers` side. This week, the buying activates remained the slowest among the last 4-5 weeks, although few odd bookings were concluded. Sudden currency depreciation also remained a concern.
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Visit: 1064
Pakistan dispatches 6.5% more cement in six months to December 2019
Mining News Pro - Producers increased second-half cement volumes in 2019 by 6.5% year-on-year to 24.8Mt from 23.2Mt between 1 July and 31 December 2018.
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Visit: 943
First Mutual Investment between China and Pakistan in the Field of Steel
Mining News Pro - China and Pakistan has had their first mutual investment in the field of Steel and they started their work. It is their first cooperation.
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Visit: 1192
Pakistan: Amreli Steel to Set Up New Rolling Mill at Dhabeji
Mining News Pro - Pakistan’s one of leading steelmakers Amreli Steel Limited (ASTL) has announced its third phase of an expansion plan for establishing an additional state-of-the-art rolling mill of another half a million ton bar along with melting facilities using Pioneering Technology at Dhabeji special economic zone (SEZ) at a projected cost of PKR 6.5 billion which will be raised via bank borrowings and internal cash resources.
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Visit: 1432
Pakistan: Scrap Importers Silent on Falling Domestic Steel Prices
Mining News Pro - SteelMint learned in recent conversation with market participants that imported scrap market in Pakistan has turned quiet amid softening local steel prices.
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Visit: 1399
Pakistan: Market Prices Show Greater Stability
Mining News Pro - In recent reports, SteelMint has assessed that the exchange rate of the PKR against the USD remains high at 133-134.
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Visit: 1408
Pakistan`s Domestic Steel Production to Reach 4.5 MnT by mid-2019-Reports
Mining News Pro - With major steel players in the industry coming up with expansion plans, additional steel capacity of 1.7 MnT is expected to come online by mid-2019.
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Visit: 1383
Pakistan: Imported Scrap Demand Subdued; Local Market Remains Slow
Mining News Pro - On uncertainties about hike in electricity power tariffs market turns stagnant.
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Visit: 1058
Pakistan: Fire at Gadani Ship Cutting Yard Leaves Seven Workers Injured
Mining News Pro - According to sources, at least seven workers have been reported injured when a fire broke out inside a non-operational oil tanker at Gadani shipbreaking yard on this Sunday, the 14th of October.
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Visit: 1057
Pakistan: Imported Scrap Market Silent on Sharp Currency Depreciation; Steel Prices to Surge
Mining News Pro - Today Pakistani Rupee (PKR) depreciated again by almost 7-8%, hitting record low of 137-138 levels against USD which was at around 124-125 a day earlier as per forex.
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Visit: 1061
Pakistan Steel Makers Await Govt Announcement on Projects; Prices Stable
Mining News Pro - SteelMint learned in recent conversations with market participants that Pakistan`s imported scrap market likely to pick up bookings shortly on low stocks in hands, however most of the steelmakers are waiting for Governments’ announcement and releasing of funds towards mega construction projects which are still on standby.
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Visit: 1002
Pakistan: Ship Breaking Market Gains Momentum After Holidays; Prices Up
Mining News Pro - In recent reports, SteelMint has assessed that some factories, have reopened after the Muharram break. Business has picked up after the break, and the market is hopeful that it will continue to grow.
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Visit: 970
Pakistan: Domestic Steel Prices Improve; Imported Scrap Offers Range Bound
Mining News Pro - SteelMint learned in recent conversations with market participants that Pakistan`s imported scrap market hasn’t picked up buying activities in a significant manner yet.
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Visit: 1192
Pakistan: Scrap Importers Turn Less Active; Local Steel Prices Stable
Mining News Pro - In recent conversation with market participants, SteelMint learned that Pakistan steel market hasn’t observed active buying for imported scrap despite of stability in offer levels.
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Visit: 1008
Pakistan: Scrap Importers Turn Less Active; Local Steel Prices Stable
Mining News Pro - In recent conversation with market participants, SteelMint learned that Pakistan steel market hasn’t observed active buying for imported scrap despite of stability in offer levels.
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Visit: 1296