mining - Dtrends

Liberty’s acquisition of shares in Sindh Engro Coal Mining Company approved. Who benefits from the deal? D_Trends

September 9, 2024 by Dtrends

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of 11.9% of the paid-up ordinary share capital of Sindh Engro Coal Mining Company (SECMC) by International Electric Power (Private) Limited under a Share Purchase Agreement (SPA). As per details International Electric Power (Private) Limited, established in March 2024 specifically for this transaction, … Read more

Pakistan-Saudi Arabia talks on Reko Diq mining project near completion: Petroleum minister D_Trends

September 5, 2024 by Dtrends

Pakistan is nearing the conclusion of negotiations with Saudi Arabia on the massive Reko Diq copper-gold mining project, one of the world’s largest untapped resources, according to Petroleum Minister Dr Musadik Malik. In a statement made on Wednesday, Dr Malik revealed that discussions with Saudi Arabia also include potential collaborations on water infrastructure projects, signalling … Read more

Denmark keen to pump capital into mining D_Trends

September 3, 2024 by Dtrends

ISLAMABAD: A high-level delegation from Denmark, led by FLSmidth Global CEO Mikko Keto and accompanied by Danish Ambassador Jakob Linulf, met on Monday Federal Minister for Commerce Jam Kamal Khan to discuss potential investment opportunities in the mining sector. The delegation expressed strong interest in pouring substantial investment, particularly in mining zones, said a statement. … Read more

Hubco reveals plans for mineral mining D_Trends

August 27, 2024 by Dtrends

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