Manara Minerals seeks stake in Reko Diq

Executives from Saudi Arabian miner Manara Minerals are in Islamabad, Pakistan, to continue talks about buying a stake in the country’s Reko Diq copper-gold project, reported Reuters. The news agency noted that Barrick Gold, which owns the project jointly with Pakistan, considers it as one of the world’s largest underdeveloped copper-gold areas. Located in Pakistan’s southwestern Balochistan province, Reko Diq…

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Saudi mining company discovers gold

Saudi Arabian Mining Company (Ma’aden) has discovered multiple gold deposits south of its existing Mansourah-Massarah gold mine in the central region of the Middle Eastern country, indicating the potential for expansion, reported Reuters. Ma’aden said that the finds, along a 100-kilometer (62-mile) strip, were the first from an exploration program launched in 2022. Samples taken indicated the presence of high…

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