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Reko Diq project

Hiring of FAs for Reko Diq project: PMPL given relaxation of investment rules

ISLAMABAD: The federal government has extended special relaxation to Pakistan Minerals Private Limited (PMPL) of the...

Updated 19 Oct, 2023 09:08am

Opinion

The difference between economics and political economy

A few months back, Chief Justice of Pakistan Umar Umar Ata Bandial famously said that the judges are not economists;...

Published 15 Sep, 2023 06:32am

Reko Diq deal as per law: Justice Mandokhail

ISLAMABAD: Justice Jamal Mandokhail, a member of Supreme Court of Pakistan bench, which heard the presidential...

Updated 14 Sep, 2023 09:43am

Opinion

Pakistan mineral outlook

Recently, an important conference, ‘Pakistan Mineral Summit’, has been organised in Islamabad by the Petroleum...

Updated 16 Aug, 2023 06:18am

Govt of Pakistan’s equity in Reko Diq project: Barrick says ‘will not mind’ if PIF wants to buy out

Barrick will support Saudi Arabia’s wealth fund coming into the mine through Pakistan’s 25% equity stake, says CEO Mark Bristow

Updated 09 Aug, 2023 10:21am

Opinion

Future drivers of country’s growth

The incumbent government, in the very last leg of its tenure, has sowed the seeds of agriculture, mineral and mines,...

Published 05 Aug, 2023 06:00am

Business & Finance

IMF agreement: Aussie envoy hails govt’s efforts

ISLAMABAD: Australian Ambassador to Pakistan Neil Hawkins on Wednesday appreciated the government’s efforts for ...

Published 20 Jul, 2023 03:12am

Barrick Gold Project: PMO orders resolution of airstrip, other issues

ISLAMABAD: The Prime Minister’s Office (PMO) has directed concerned ministries and provincial governments to resolve...

Updated 26 May, 2023 08:46am

Editorials

ECC decisions

EDITORIAL: Economic Coordination Committee of the Cabinet (ECC), the highest economic decision-making body in the...

Published 30 Mar, 2023 06:35am

Opinion

Energy sector reforms – II: low-hanging fruit rotting

Building on previous op-eds, we are aware of Pakistan’s energy sector challenges and measures requiring execution in...

Published 25 Jan, 2023 06:25am

Senate passes amended Foreign Investment Act amid uproar

ISLAMABAD: Chairman Senate Sadiq Sanjrani remained the centre of the opposition’s criticism and condemnation at the...

Updated 17 Dec, 2022 09:53am

Reko Diq now more visible as SOEs sign deals

PPL together with OGDC and Government Holdings (Private) Limited sign deal

Updated 17 Dec, 2022 10:08am

Pakistan

OGDC, PPL & GHPL sign definitive agreements for reconstituted Reko Diq project

SOEs utilise sums deposited in an interest-bearing, offshore, escrow account

Updated 16 Dec, 2022 03:19pm

Pakistan

BAP leader expresses scepticism over Reko Diq deal

ISLAMABAD: The controversy on Reko Diq project has resurfaced with the government’s key ally – Balochistan Awami...

Published 15 Dec, 2022 07:50am

Pakistan

Fazl, Mengal not happy with ‘Reko Diq legislation’

ISLAMABAD: Following expressing serious reservations in the National Assembly (NA) the other day over the passage of...

Published 14 Dec, 2022 05:57am

Cabinet meeting: Reko Diq: JUI(F)-BNP(M) boycott confirms fissure

Cabinet gives formal approval to sign final deal for the Reko Diq project on December 15

Updated 14 Dec, 2022 10:00am

Editorials

‘Legal’ and ‘environment-friendly’

EDITORIAL: The Supreme Court’s seal of approval to the new Reko Diq mine deal — declaring the agreement between...

Published 14 Dec, 2022 05:57am

Pakistan

Resumption of Reko Diq project termed good omen for Balochistan

QUETTA: Central Vice President Balochistan Awami Party Senator Samina Mumtaz Zehri has said that Balochistan is the...

Published 12 Dec, 2022 06:07am

Reko Diq rebirth translates into firm ECC action

ECC allows Finance Division to arrange interest payable for the Balochistan government’s share amounting to $8,519,314

Updated 12 Dec, 2022 09:46am

Pakistan

Presidential Reference on Reko Diq project: SC to announce short order next week

ISLAMABAD: The Supreme Court will announce short order on the Presidential Reference on Reko Diq reconstituted...

Updated 29 Nov, 2022 09:39am

Business & Finance

Reko Diq project’s revival to boost economy: Dar

ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar said the revival of Reko Diq project will give a ...

Published 27 Nov, 2022 05:58am

Reko Diq project for development of Balochistan: SC

ISLAMABAD: The Supreme Court has said that the Reko Diq is a national project and is for the development of the...

Updated 25 Nov, 2022 09:56am

Pakistan

Reko Diq project: Balochistan to benefit economically, SC told

ISLAMABAD: The Supreme Court was informed Monday that Balochistan province will benefit economically from US$32.7...

Published 08 Nov, 2022 07:37am

Pakistan

Reko Diq project: CJ forms five-judge bench to hear presidential reference from 25th

ISLAMABAD: Chief Justice Umar Ata Bandial on Wednesday constituted a five-judge bench for hearing the presidential...

Published 20 Oct, 2022 06:57am

Alvi seeks SC opinion on Reko Diq project

ISLAMABAD: President Dr Arif Alvi sent a reference to the Supreme Court for its opinion on Reko Diq project under...

Updated 19 Oct, 2022 09:42am

Pakistan

President Alvi files reference in Supreme Court on Reko Diq

President Dr Arif Alvi filed a reference in the Supreme Court of Pakistan to seek an opinion on the Reko Diq case....

Published 18 Oct, 2022 03:36pm

Reko Diq project: President accords approval to summary on reference

ISLAMABAD: President Dr Arif Alvi, on the advice of the prime minister has accorded approval to the summary for...

Updated 06 Oct, 2022 10:14am

Pakistan

Barrick Gold to launch Reko Diq project in Aug with $7bn investment

QUETTA: Chief Executive Officer of Barrick Gold Corporation Mark Bristow and Chief Minister Balochistan Mir Abdul...

Published 20 Jul, 2022 05:48am

Business & Finance

Reko Diq: BMP lauds govt’s efforts to help country escape $11bn penalty

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has welcomed the...

Published 27 Mar, 2022 05:40am

Editorials

Too soon to celebrate Reko Diq?

EDITORIAL: Hopefully, the PM hasn’t fired off his celebratory tweets too soon about the federal and Balochistan...

Published 23 Mar, 2022 04:58am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Askari Life Assur. / Nov 29 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.85 (15.60%)
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	5.96 ▲ 0.71 (13.52%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
Escorts Bank / Nov 29 Escorts Investment Bank Limited(ESBL)	5.01 ▲ 0.40 (8.68%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.10 ▲ 0.39 (8.28%)
Ist.Dawood Bank / Nov 29 First Dawood Investment Bank Limited(FDIBL)	2.50 ▲ 0.19 (8.23%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
First Prudential Mod. / Nov 29 First Prudential Modaraba(PMI)	2 ▲ 0.14 (7.53%)

Stock	Price
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Adamjee Life Assur. / Nov 29 Adamjee Life Assurance Company Limited(ALIFE)	25.06 ▼ -1.94 (-7.19%)
J.K.Spinning / Nov 29 J.K. Spinning Mills Limited(JKSM)	48.25 ▼ -3.65 (-7.03%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)
Aisha Steel(ConPS) / Nov 29 Aisha Steel(ConPS)(ASLPS)	7.20 ▼ -0.50 (-6.49%)
Nazir Cotton Mills / Nov 29 Nazir Cotton Mills Limited(NCML)	3.46 ▼ -0.24 (-6.49%)
Samba Bank / Nov 29 Samba Bank Limited(SBL)	7.35 ▼ -0.50 (-6.37%)
Olympia Mills / Nov 29 Olympia Mills Limited(OML)	16 ▼ -1.05 (-6.16%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.03
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▲ 0.01
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.36
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.08
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.01
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.21
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▲ 0.02
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.21
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▲ 0.82
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▲ 0.31

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
FTSE 100 / Nov 28	7455.24
Dow Jones / Nov 28	35416.98
Germany DAX 30 / Nov 28	15992.67
France CAC40 / Nov 28	7250.13
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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Reko Diq project

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