Antofagasta exits Reko Diq copper-gold project; Barrick assumes 50% stake

Antofagasta has reached a deal to exit the suspended Reko Diq copper-gold project in Pakistan with Barrick Gold Corp to assume a 50% stake going forward, the companies said.

The agreement, reached between the two miners along with the government of Pakistan and the provincial government of Balochistan, will reconstitute the project, which was halted in 2011 due to...

Published

Andrea Hotter

March 21, 2022

06:30 GMT

London