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Tethyan Copper Company Pakistan (Pvt.) Limited is a Joint Venture between two of world’s major miners; Barrick Gold Corporation and Antofagasta PLC. Together the shareholders provide international experience and state of the art mining expertise. Further, the combined market capitalization of Antofagasta-Barrick provides the financial strength needed to develop a large scale project like Reko Diq.
   
   
 
   

TCC is a project specific company focusing on the exploration and development of a world-class copper-gold mining project at Reko Diq in the Chagai district of Balochistan province in Pakistan. TCC and the Government of Balochistan are partners under the Chagai Hills Exploration Joint Venture Agreement (CHEJVA) for this project.

TCC has completed the final bankable feasibility study to develop the mine which shall take upto 4 years from the grant of a mining license from the Government of Balochistan. Once developed, the commercial mining operations including extraction and concentrating shall span over 56 years. TCC Reko Diq project not only represents the largest single FDI in Pakistan's mining sector but will also be the first world-class large scale copper-gold mine in the country.
 
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Company Profile
TCC is a joint venture between Antofagasta PLC and Barrick Gold and is proposing to develop a US$ 3.3 billion copper-gold mining project in Balochistan.
 

Vision and Values
TCC’s vision is to operate a world class copper-gold mine at Reko Diq, Balochistan in a safe and socially responsible way.
 


Local Partnership
TCC’s principal asset is a 75% interest in the Reko Diq prospects while the Government of Balochistan holds the remaining 25%.
 

Parent Companies
Chile based Antofagasta PLC & Barrick Gold Corporation of Canada hold equal shares in TCC.
Quick Information
Joint Venture company of Antofagasta PLC and Barrick Gold.

Developing Reko Diq copper-gold project, district Chagai, Balochistan in Pakistan.

Spent over US$ 220 million since 2006 on exploration & technical studies.

Initial investment of US$ 3.3 billion required.

Largest single FDI in Pakistan's mining sector.

The first world class large scale mining project in Pakistan.

Partnership with the Government of Balochistan.
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