Barrick Mining slows Pakistan project on security risks

Barrick Mining is slowing development of its Pakistan copper and gold project for one year starting in July. This follows heightened regional security risks.

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Barrick Mining Corporation is delaying a major copper and gold project in Pakistan due to the Middle East conflict and a worsening security situation. According to a report from the Financial Times, the company has informed its local partners that development will be slowed for a 12-month period starting in July.

The decision follows a comprehensive review of the project's delivery strategy in light of regional instability. The mining company noted that the current environment requires a reassessment of potential impacts on operations.

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