Federal Minister Ali Pervaiz Malik meets international mining firms
Federal Minister for Petroleum Ali Pervaiz Malik held bilateral meetings with leading international mining and investment companies on the sidelines of the Pakistan Minerals Investment Forum in Islamabad on Thursday.
Meetings with global industry leaders
The Federal Minister met separately with John Thornton, Chairman of Barrick Mining Corporation. He also spoke with Andrew Neilson, Chief Executive of Scottish firm Weir. Ibrahim El Gazzar from Singapore-headquartered Trafigura attended the discussions alongside his delegation. Mustafa Aksoy, CEO of Türkiye's Çalik Holding, was present for these engagements. Robert Friedland led a delegation from Ivanhoe Mines to the forum events.
Specific project interests and deals
Andrew Neilson stated that Weir wants to expand engagement beyond its current work at Reko Diq. Ibrahim El Gazzar conveyed Trafigura's keen interest in Pakistan's Zinc-Barite project specifically. The company also expressed interest in exploring opportunities within LPG, bonded storage and refinery sectors. John Thornton remarked that it was always a pleasure to visit Pakistan during this trip. A signing ceremony occurred between Ivanhoe Mines and Mari Minerals for copper and gold exploration.
Agreement details in Balochistan
The agreement covers exploration activities to assess mineral potential in Chagai, Balochistan region. Both companies intend to identify opportunities for developing copper-gold resources in that area. The Federal Minister stressed that PMIF offers a vital venue for linking international investors with available investment prospects. He facilitated partnerships and aimed to unlock the country's vast mineral potential through these meetings.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Associated Press of Pakistan
- Business Recorder
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2 independent outlets. Headlines as published. Links open the original report.