Energy companies have raised their investment in the Reko Diq copper and gold mining project to $1.25 billion

Pakistan’s state-owned energy companies have raised their investment in the Reko Diq copper and gold mining project to $1.25 billion, reinforcing their stake in one of the world’s largest undeveloped mineral reserves.

The project, a joint venture with Barrick Gold, is set to be a key driver of economic growth, with mining operations expected to begin in the coming years.Reko Diq is projected to generate billions in revenue, supporting Pakistan’s mining and energy sectors while creating new job opportunities.

The project has also attracted international interest, with Saudi Arabia reportedly exploring investment options. With increasing global demand for copper and gold, this expansion signals a major step toward strengthening Pakistan’s resource-based economy.