ISLAMABAD: The Balochistan government has collected Rs2.5 billion from the minerals sector during the current financial year, despite coronavirus pandemic and the subsequent lockdown that was imposed to curb virus spread. The government has collected the huge amount from mining sector and deposited in the provincial treasury, an official of the Balochistan government said. Computerised … Read more
KARACHI: Hub Power Company (Hubco) has announced that it will further diversify its business portfolio by entering into the mineral mining sector to ramp up earnings as its core business of electricity production from expensive oil continued to stand low on the government’s economic merit order amid power pricing crisis in the country. Along with … Read more
Hub Power Holdings Limited (HPHL), a wholly-owned subsidiary of The Hub Power Company Limited, has entered into a joint venture agreement with Ark Metals (Private) Limited for the exploration and development of mineral mines in Pakistan. The announcement was made on Monday through a notice in accordance with Sections 96 and 131 of the Securities … Read more
Pakistan has identified five mineral projects for potential investment by the United Arab Emirates (UAE), with a formal partnership agreement expected to be signed soon. According to a news report, the selected projects include copper mining blocks in Chagai and Waziristan and a copper smelter in Gwadar, with capacities ranging from 50,000 to 80,000 tonnes … Read more
ISLAMABAD: Pakistan has identified five potential mineral projects that it will offer to the United Arab Emirates (UAE) for investment and development. In this regard, the two sides will sign a deal to formalise their partnership. According to sources, the five mineral projects have been selected in Chagai, Waziristan and Gwadar. Among these include Balochistan … Read more