{"id":95510,"date":"2023-11-18T10:00:00","date_gmt":"2023-11-18T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=95510"},"modified":"2023-11-17T15:32:21","modified_gmt":"2023-11-17T10:32:21","slug":"ksa-eyes-stakes-reko-diq-gold-copper-mine","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html","title":{"rendered":"KSA eyes stakes in Reko Diq gold, copper mine; valuation underway"},"content":{"rendered":"\n<p>Islamabad: Kingdom of Saudi Arabia (KSA) has signaled its interest in acquiring government stakes in the Reko Diq gold and copper mine followed by the underway valuation process that is expected to conclude before December 25, according to a news source on November 14.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/reko-diq-finds-investment-usd-7-bn.html\" target=\"_blank\" rel=\"noreferrer noopener\">Reko Diq gets Barrick Gold interested to invest USD 7 bn<\/a><\/p>\n\n\n\n<p>According to the details, Barrick Gold Corp holds a 50% stake in the Reko Diq mine, with the remaining 50% divided between the governments of Pakistan and the province of Balochistan. Recognized by Barrick as one of the world\u2019s largest underdeveloped copper-gold areas, the mine has been a focal point for investment and strategic partnerships.<\/p>\n\n\n\n<p>While the valuation details and the identity of the international adviser remain undisclosed, it is noteworthy that Barrick has previously committed to a USD 10 billion investment in the project. Barrick\u2019s openness to bringing KSA on board as a partner was expressed in August.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/reko-diq-first-payment.html\" target=\"_blank\" rel=\"noreferrer noopener\">Barrick Gold makes first payment for Reko Diq project<\/a><\/p>\n\n\n\n<p>Upon completion of the valuation, Islamabad plans to engage in discussions with Riyadh to determine the expectations and terms of the potential partnership. The Saudi Arabian government has not yet issued a response to the inquiry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Kingdom of Saudi Arabia (KSA) has signaled its interest in acquiring government stakes in the Reko Diq gold and copper mine followed by the underway valuation process that is expected to conclude before December 25, according to a news source on November 14. Read: Reko Diq gets Barrick Gold interested to invest USD 7 bn According to the details, Barrick Gold Corp holds a 50% stake in the Reko Diq mine, with the remaining 50% divided between the governments of Pakistan and the province of Balochistan. Recognized by Barrick as one of the world\u2019s largest underdeveloped copper-gold areas, the mine has been a focal point for investment and strategic partnerships. While the valuation details and the identity of the international adviser remain undisclosed, it is noteworthy that Barrick has previously committed to a USD 10 billion investment in the project. Barrick\u2019s openness to bringing KSA on board as a partner was expressed in August. Read: Barrick Gold makes first payment for Reko Diq project Upon completion of the valuation, Islamabad plans to engage in discussions with Riyadh to determine the expectations and terms of the potential partnership. The Saudi Arabian government has not yet issued a response to the&hellip;<\/p>\n","protected":false},"author":88,"featured_media":67076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[57626,53226],"persona":[],"class_list":{"0":"post-95510","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-ksa-eyes-stakes-in-reko-diq-gold-copper-mine-valuation-underway","9":"tag-reko-diq-pakistan","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KSA eyes stakes in Reko Diq gold, copper mine- Zameen News<\/title>\n<meta name=\"description\" content=\"KSA has signaled its interest in acquiring government stakes in the Reko Diq gold and copper mine. Here are the details:\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KSA eyes stakes in Reko Diq gold, copper mine- Zameen News\" \/>\n<meta property=\"og:description\" content=\"KSA has signaled its interest in acquiring government stakes in the Reko Diq gold and copper mine. Here are the details:\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-18T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/06\/Reko-Diq.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"421\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"KSA eyes stakes in Reko Diq gold, copper mine- Zameen News","description":"KSA has signaled its interest in acquiring government stakes in the Reko Diq gold and copper mine. Here are the details:","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html","og_locale":"en_US","og_type":"article","og_title":"KSA eyes stakes in Reko Diq gold, copper mine- Zameen News","og_description":"KSA has signaled its interest in acquiring government stakes in the Reko Diq gold and copper mine. Here are the details:","og_url":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2023-11-18T05:00:00+00:00","og_image":[{"width":1170,"height":421,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/06\/Reko-Diq.jpg","type":"image\/jpeg"}],"author":"Muhammad Zohaib Nasir","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Zohaib Nasir","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html"},"author":{"name":"Muhammad Zohaib Nasir","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6"},"headline":"KSA eyes stakes in Reko Diq gold, copper mine; valuation underway","datePublished":"2023-11-18T05:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html"},"wordCount":208,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/06\/Reko-Diq.jpg","keywords":["KSA eyes stakes in Reko Diq gold &amp; copper mine; valuation underway","Reko Diq Pakistan"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html","url":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html","name":"KSA eyes stakes in Reko Diq gold, copper mine- Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/06\/Reko-Diq.jpg","datePublished":"2023-11-18T05:00:00+00:00","description":"KSA has signaled its interest in acquiring government stakes in the Reko Diq gold and copper mine. Here are the details:","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/06\/Reko-Diq.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/06\/Reko-Diq.jpg","width":1170,"height":421,"caption":"Gold mines"},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/ksa-eyes-stakes-reko-diq-gold-copper-mine.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"KSA eyes stakes in Reko Diq gold, copper mine; valuation underway"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6","name":"Muhammad Zohaib Nasir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","caption":"Muhammad Zohaib Nasir"},"description":"As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/zohaib-nasir"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=95510"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95510\/revisions"}],"predecessor-version":[{"id":95513,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95510\/revisions\/95513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/67076"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=95510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=95510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=95510"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=95510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}