Commodities & Energy

Reuters reveals Pakistan military eyes key role developing giant copper and gold mine

Reuters reveals Pakistan military eyes key role developing giant copper and gold mine

Reuters reported with exclusive details that Pakistan’s military is taking a key role in the development of one of the world’s largest untapped copper and gold deposits, which is currently stalled by a multi-billion dollar legal wrangle with foreign mining firms. Sources say the military has become the most important voice on the future of the Reko Diq mine, which it sees as a strategic national asset. The military will not only be in a position to decide which investors develop the deposit, but an army-controlled engineering firm, Frontier Works Organization, is positioning itself to be a member of any consortium involved.


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