London-listed Chilean company Antofagasta and Canada’s Barrick Gold are likely to win mining rights for a $3.3 billion copper and gold project in Pakistan, a senior provincial government official said. The companies are partners in the Tethyan Copper Co (TCC) joint venture, which has a 75 percent interest in the Reko Diq project in the southwestern Baluchistan province.
See http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=130187&sn=Detail&pid=92730.
Barrick Gold is the world’s largest gold producer, in which a number of UK-based funds invest (see http://moneytometal.org/index.php?title=Special%3ASearch&search=Barrick&go=Go).
Antofagasta Minerals gets approval for US$15mn exploration program at Polo Sur, Chile
London-listed Chilean miner Antofagasta Minerals has received environmental approval for a US$15mn exploration program at its Polo Sur copper deposit in northern region II.
See http://www.bnamericas.com/news/mining/antofagasta-minerals-gets-approval-for-us15mn-exploration-program-at-polo-sur/250730998.