Reko Diq JV shareholders approve updated feasibility study, select Fluor as EPCM
Canadian miner Barrick Gold Corporation says it and its joint venture (JV) partners in the Reko Diq project, in Pakistan, have approved the project’s updated feasibility study and conditionally approved the associated Phase 1 development capital, subject to the closing of up to $3-billion limited recourse project financing. Barrick says this allows for the project to advance with major works this year, while maintaining the target for first production by the end of 2028.
Canadian miner Barrick Gold Corporation says it and its joint venture (JV) partners in the Reko Diq project, in Pakistan, have approved the project’s updated feasibility study and conditionally approved the associated Phase 1 development capital, subject to the closing of up to $3-billion limited recourse project financing. Barrick says this allows for the project to advance with major works this year, while maintaining the target for first production by the end of 2028.
