Pakistan’s $100 billion Reko Diq gold mine
QUETTA, Pakistan – Canada’s Barrick Gold and Chile’s Antofagasta plan to invest up to US$3 billion in a copper and gold mine at Reko Diq in Pakistan’s southwestern province of Balochistan. This will be the single-largest foreign investment in Pakistan in the fiscal year that started on July 1 and is larger than the $3.32 billion of total foreign direct investment for the first 11 months of the 2008-09 fiscal year. Security concerns are deterring foreign investors from putting their cash into P