Mining Other
Posted By OrePulse
Published: 27 Mar, 2026 08:47
Barrick delays Pakistan project amid Middle East conflict
The exercise is likely to affect previously disclosed budgets and timelines, a company spokesperson said on Thursday.
The Reko Diq project, located in Pakistan's Balochistan province, is one of the world's largest undeveloped copper-gold deposits.
Barrick's decision follows preliminary findings from a review announced on February 5 examining all aspects of the project, including capital allocation, amid mounting security concerns.
The review will now be extended by 12 months from July, while development activity will be slowed, the company said.
The extended timeline will allow the miner to further assess potential risks and refine its delivery strategy for the project, it added.
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