Chagai, Balochistan: Pakistan’s Reko Diq copper and gold project has the potential to produce approximately 240,000 tonnes of copper and 297,000 ounces of gold annually during its first phase, according to Barrick Mining Corporation’s updated feasibility study. However, these figures represent projected production after the mine becomes fully operational, not minerals currently being extracted.
The project is being developed through a partnership in which Barrick holds a 50% stake, the Government of Balochistan owns 25%, and three Pakistani state-owned enterprises hold the remaining 25%. The feasibility study outlines a mine life of approximately 37 years, with the first phase designed to process 45 million tonnes of ore annually. A second phase could eventually increase copper and gold production further.
Although first production was previously targeted for the end of 2028, Barrick announced in April 2026 that development activity would be slowed because of growing security risks. The company extended its project review until mid-2027 to reassess security conditions, financing, construction costs and timelines. Reports in late September also indicated that a full construction schedule remains dependent on improved security conditions.
Reko Diq could become a major contributor to Pakistan’s mineral exports, employment and infrastructure development in Balochistan once operational. However, the previously announced 2028 production target is no longer a confirmed delivery timeline, and the company has not announced a revised date for the start of commercial production.
