Tag: Reko

ISLAMABAD - The Supreme Court was told on Monday that the lease of Reko Diq gold and copper reserves in Balochistan to a foreign company was the biggest case of bad governance and irresponsibility in the country.
A four-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday, was hearing a case against the lease of Reko Diq reserves, worth over $260 billion, to foreign exploration companies in

ISLAMABAD - Advocate General of Balochistan Salahuddin Mengal told the Supreme Court on Friday that the provincial government had issued 10 licenses to the foreign companies for exploration of natural reserves at Reko Diq.
A four-member bench comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday, was hearing a case against leasing of Reko Diq gold and copper mines in Balochistan worth over $260

ISLAMABAD - The Supreme Court on Thursday directed the Balochistan government to provide details of agreements it made with foreign companies for exploration of gold and copper mines in Reko Diq area in Balochistan.
A four-member bench - comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday - was hearing a case against leasing of Reko Diq gold and copper mines in Balochistan worth more than $260

ISLAMABAD - The Supreme Court on Wednesday summoned for today (Thursday) the complete record of the contract of the lease of the Reko Diq copper and gold reserves to foreign exploration and mining companies.
A four-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday, also directed the former and incumbent Balochistan chief secretaries to appear in court today (Thursday) along with the

ISLAMABAD - The Supreme Court on Tuesday accepted a miscellaneous application by 26 senators seeking to become party to the pending petitions against leasing of Reko Diq gold and copper reserves in Balochistan.
Senators Dr Ismail Buledi, Azam Khan Swati, Abdul Ghafoor Haideri, Hafiz Abdur Rasheed and others filed the miscellaneous petition for becoming party to the case on Monday. The senators said in their application that since the Reko Diq project involved national interest,

ISLAMABAD - The Supreme Court on Monday slapped a contempt of court notice on the foreign company Tethyan Copper Company (Pvt) Ltd (TCC) for initiating an advertisement campaign for the Reko Diq project, despite that the matter was in court.
A three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday was hearing petitions filed against the Pakistani government leasing the Reko Diq gold and copper mines in Balochistan

ISLAMABAD - Noted nuclear scientist and member of the Planning Commission, Dr Samar Mubarakmand, on Wednesday told the Supreme Court that Pakistan had the capability and expert staff to explore, mine and refine the natural reserves of gold and copper at Reko Diq in Balochistan.
A three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday was hearing petitions against the lease of Reko Diq gold and copper reserves to a

LAHORE - A contempt of court petition has been filed in the Supreme Court's Lahore Registry against Tethyan Copper Company for launching a wrong propaganda about its gold mining business in Chagai district, Balochistan, and hiding facts about the quantity of gold reserves in Balochsitan's Reko-Diq mines.
The petition was filed by Watan Party President Shaukat Khan through Barrister Zafar Ullah Khan, stating that Tethyan Copper Company has started a wrong propaganda through

KARACHI: Balochistan hides vast mineral reserves under its seemingly barren surface. It is hoped that when these mineral deposits are tapped, they will be a great windfall for the economy. However, Pakistan is moving at a very slow pace on this front and does not seem to have fully grasped its potential wealth.
Many countries blessed with rich natural resources, have pressed home the advantage through sound planning and made great economic progress. In Pakistan, copper and gold

ISLAMABAD: A three-member Supreme Court bench on Wednesday declined to grant
a stay order on leasing of the Reko Diq gold mines in Balochistan, worth over $260 billion, to foreign exploration companies.
The bench comprising Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday was hearing a petition against leasing out Reko Diq gold and copper mines in Balochistan to foreign companies by the federal

Historically gold prospects always attracts adventurers, the sites are usually fought over, not only by individual prospectors and/or mining companies but by nations.
Possibly the biggest copper and gold deposit in the world, why should Reko Diq be an exception? On Nov 11 the Supreme Court (SC) issued notices to the Federal Govt and the Govt of Balochistan (GOB) on a petition accusing them of selling Pakistan's assets, and that too without greater transparency, to a foreign

QUETTA: Tethyan Copper Company Chief Executive Officer Gerhard Von Borries has declared that Balochistan would have a share of 25 percent from the profit of copper-gold to be extracted from Reko Deq of Chaghi district despite the fact that under the mineral Rule, Balochistan government had no right over business of the company.
He said this on Friday during a briefing in the back drop of a controversy following a declaration by the Chief Minister Balochistan Nawab Aslam Raisani.