Terrorism in Pakistan Threatens Foreign Mine Development, Saudi Arabia Still Invests Billions
Portfolio Pulse from Stjepan Kalinic
Terrorism in Pakistan threatens foreign investment in mining, particularly affecting Barrick Gold's copper-gold project in Balochistan. Despite the risks, Saudi Arabia invests billions, including $1 billion in Barrick's Reko Diq mine.
October 14, 2024 | 12:11 pm
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NEGATIVE IMPACT
Barrick Gold's copper-gold project in Balochistan is threatened by terrorism, impacting foreign investment. Despite this, Saudi Arabia has invested $1 billion in the Reko Diq mine.
The attack on miners in Balochistan directly impacts Barrick Gold's operations, potentially affecting investor confidence and project timelines. However, Saudi investment shows continued interest, partially offsetting negative impacts.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80