Baloch Republican Army attacks a convoy of Chinese oil and gas exploring company employees near gas well number 3 in Sui, Dera Bugti, on Monday, September 19
After rejecting a deal reached by fellow tribesmen, hundreds of Marri tribesmen backed by their tribal chief Nawab Khair Bakhsh Marri have blocked transportation of coal from Chamalang Coal Mines to other parts of the country.
According to a senior government official, the two companies, partners in the Tethyan Copper Co JV, are likely to win the mining rights for the $3.3bn copper and gold project in the country
QUETTA: The Balochistan government is expected to decide on issuing a mining lease for a $3.3 billion copper and gold project owned by Chile’s Antofagasta (ANTO.L) and Canada’s Barrick Gold (ABX.TO) next week, officials said on Thursday.
Afghan minerals alone, valued by the U.S. Geological Survey conservatively at about $1 trillion, could follow a natural route south from Afghanistan through Pakistan's Baluchistan province, itself mineral rich, to the newly completed port at Gwadar on the Arabian Sea. From there, the minerals would find markets in China, India, and the West, producing along the way a greatly expanded Pakistani mining industry and transportation infrastructure, as well as tens upon tens of thousands of jobs for dangerously idle young Baluchi men.
From port developments to fighter jet sales, strained US-Pakistan relations are benefiting China.