Pak. Army eyes key role in developing giant copper & gold mine

  1. Pakistan’s military is participating in the development of Reko Diq Mine as it considers it as a strategic national asset.
  2. However,the mine is facing problems due to (a)multi-billion dollar legal dispute with foreign mining firms and (b)inability to attract foreign investment as Pakistan is under economic crisis.
  3. Reko Diq Mine is one of the world’s biggest untapped copper and gold deposits located in Baluchistan,Pakistan.Reko Diq area is buried at the foot of an extinct volcano near the frontier with Iran and Afghanistan.
  4. It has estimated reserves of 5.9 billion tons of low-grade copper and gold reserves amounting to 41.5 million oz.