Barrick advances Reko Diq copper-gold project with $5.6-6B Phase 1

Barrick Gold's board conditionally approved Phase 1 of the Reko Diq copper-gold project in Pakistan, with an estimated capital cost of $5.6-$6.0 billion. Early works construction began in Q1 2025, with first production anticipated by end of 2028. The primary mining fleet will include Komatsu equipment.

“The Reko Diq mine has been designed as a large-scale open pit operation.”im-mining.com

• 1 source
• im-mining.comBarrick details intended primary Komatsu mining fleet for Reko Diq - International MiningPaul MooreFeb 27, 2025

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