The Reko Diq Project > Reko Diq Resource
The Reko Diq Project
   
Reko Diq Resource


The deposit at Reko Diq is a large low grade copper porphyry, with total mineral resources of 5.9 billion tons of ore with an average copper grade of 0.41% and gold grade of  0.22 g/ton. From this, the economically mineable portion of the deposit has been calculated at 2.2 billion tons, with an average copper grade of 0.53% and gold grade of 0.30 g/ton, with an annual production estimated at 200,000 tons of copper and 250,000 ounces of gold contained in 600,000 tons of concentrate.

According to the extensive technical and financial studies undertaken, in order to secure optimal ‘economies of scale’ efficiencies, and lower mining and processing costs, a large scale, state of the art mining and processing unit is required at Reko Diq. TCC brings with it the technological edge and proven expertise of its parent companies, Barrick Gold and Antofagasta Minerals, for making Reko Diq project the first ever large scale copper and gold mine in Pakistan.
   
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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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