Barrick Slows Reko Diq Development as Security Risks Extend Project Review
Barrick Delays $5.6 Billion Reko Diq Copper-Gold Project in Pakistan Amid Rising Regional Security Concerns Barrick Mining Corporation (TSX: ABX, NYSE: B) has announced plans to slow development of the Reko Diq copper-gold project in Pakistan’s Balochistan province and extend its project review period, citing heightened regional security risks linked to tensions in the Middle East. The decision, first reported by the Financial Times, introduces additional uncertainty around the timeline for one of the world’s largest undeveloped copper-gold deposits. Barrick’s shares traded slightly lower following the announcement, moving within a…
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