The Reko Diq copper and gold project in Pakistan is expected to generate approximately $74 billion in free cash flow over the next 37 years, based on consensus long-term prices, the CEO of joint owner Barrick Gold said in a media interview.

The Reko Diq copper and gold project will likely yield $74 billion over the next 37 years, according to Barrick Gold CEO Mark Bristow. The estimate is

The Reko Diq mine is expected to produce $74bn in free cash flow over the next 37 years, according to Barrick Gold CEO Mark Bristow. Barrick Gold holds a 50% stake in the mine, while the governments of Pakistan and Balochistan own the remaining stake.

Pakistan’s deal with Saudi Arabia for the sale of a stake in the copper and gold mining project controlled by Barrick Gold Corp. is still in the process of negotiating key details, including where the minerals will be processed.

Saudi Arabia's investment fund to buy stake in Barrick Gold's Reko Diq project in Pakistan, boosting copper sector expansion in the region.

Saudi Arabia’s investment mining fund is set to buy a stake in Pakistan’s Reko Diq project, which will be one of the world’s largest copper mines once complete, as the kingdom accelerates its expansion into the sector.