Barrick eyes first production from Reko Diq by 2027

Toronto-listed miner Barrick Gold has outlined a revised plan for the Reko Diq copper/gold project, in Pakistan, proposing a $7-billion investment over two phases in a project that could deliver its first gold in five to six years.

The new conceptual design, announced on Tuesday, comes as Barrick and the federal government of Pakistan and provincial government of Balcohistan reached an agreement to restart the project that has been on hold since 2011.