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Jul 21, 2026 اردو

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Business & Finance Print edition: 2024-10-19

PPL, BME, GoB focuses on growth of mining projects in Balochistan

Published October 19, 2024 Updated October 19, 2024 06:48am

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KARACHI: The 49th Annual Management Committee meeting of Bolan Mining Enterprises (BME) was held on October 17, 2024 in Quetta and attended by the joint venture (JV) partners, Pakistan Petroleum Limited (PPL) and the Government of Balochistan (GoB).

MD & CEO PPL Imran Abbasy along with senior PPL officials participated in the meeting, while the Government of Balochistan was represented by the Secretary Mines & Minerals Development Department Saidal Khan Luni, Additional Secretary Industries and CEO of Balochistan Mineral Resources Limited.

The discussions focused on enhancing operational efficiency and fostering sustainable growth for BME. The JV partners explored strategies to optimize resource extraction, improve infrastructure and promote the sustainable development of BME’s mining projects.

The meeting concluded with a shared commitment to maximizing the potential of BME, improving operational efficiency and contributing to the socioeconomic development of the region through responsible mining practices.

Government of Balochistan BME

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Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

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