Production at the Reko Diq copper-gold project could be delayed by two years to 2030, pending improved security in Balochistan and de-escalation in the Middle East crisis, according to government sources and industry insiders.
War in the neighbouring Iran alongside persistent security challenges in Balochistan have reportedly pushed investors to adjust the original 2028 timeline. Canadian mining titan Barrick Mining (formerly Gold) Corporation is expected to resume full-scale development by mid-2027 following an ongoing internal project review. While the company has yet to issue an official announcement, its local officials express optimism that the multibillion-dollar venture remains on track.