Prime Minister Shehbaz Sharif on Friday called for Pakistan's mineral resources to be developed alongside environmental protection, stressing that mining projects must follow international standards and use modern technology to safeguard water resources and workers' health and safety.
Pakistan has reaffirmed its commitment to the agreed $5 billion bilateral trade target with Turkiye and wants more Turkish investment, especially in its Special Economic Zones (SEZs).
Prime Minister Shehbaz Sharif on Friday called for Pakistan's mineral resources to be developed alongside environmental protection, stressing that mining projects must follow international standards and use modern technology to safeguard water resources and workers' health and safety.
Pakistan on Friday announced over a dozen mineral cooperation agreements with foreign companies and countries, declaring that it would move away from exporting raw materials and unprocessed minerals as it seeks to reshape its economic and development priorities.
The delegation from the Barrick Mining Corporation on Friday expressed strong interest in investing in the establishment of mineral processing industries in Karachi and Gwadar.
Chief of Defence Forces and Chief of Army Staff Field Marshal Asim Munir said on Friday that Pakistan was aiming to become a competitive destination for long-term mineral investment.
Pakistan will offer investors clear and uniform fiscal terms for mining projects, without requiring "case-by-case" negotiations, Petroleum Minister Ali Pervaiz Malik said on Friday, as the government sought to attract long-term investment in the country's mineral sector.
Petroleum Minister Ali Pervaiz Malik said on Friday that Pakistan’s exploration efforts were increasingly focused on minerals that were of strategic importance to global investors.
Canadian mining company Ivanhoe Mines has signed a memorandum of understanding (MoU) with Pakistan’s Mari Energies, marking its entry into South Asia as the country steps up efforts to attract foreign investment in its mineral sector.
Pakistan has attracted more than 5,000 attendees from over 60 countries to its international minerals investment forum in Islamabad which could help bring foreign investment into the country’s mining sector.
Political leadership of Pakistan's two mineral rich provinces on Thursday extended security guarantees to foreign investors, as the federal government is also expected to announce new promissory deals with an international mining firm to extract critical minerals.
Punjab Chief Minister Maryam Nawaz said on Thursday that there was “significant evidence” of “sufficient quantities” of placer gold flowing in the province’s five rivers.
