Pakistan focuses on strategic minerals to draw global investors: Malik

The Pakistan Minerals Investment Forum is continuing in Islamabad, with the government reaffirming its commitment to strengthening the country’s mineral sector and attracting international investment.

Addressing the forum, Minister for Petroleum Ali Pervaiz Malik said the government’s efforts are increasingly focused on minerals of strategic importance to global investors. He said these initiatives are being supported by modern geochemical and geophysical surveys to enhance the country’s mineral exploration capabilities.

The minister said the government is also developing expertise in digital mapping, airborne surveys and mineral assessment. He added that the scientific foundation of Pakistan’s mineral sector is being strengthened through the Geological Survey of Pakistan.

Ali Pervaiz Malik emphasized that the government aims to ensure uniform fiscal terms for all companies, eliminating the need for special arrangements. He said the objective is to provide a fair and attractive investment framework that serves the interests of investors, provincial governments and the federation.

Highlighting the importance of security, the minister said the government is committed to ensuring the safety of mining sites, logistical operations and, most importantly, trained human resources. He said special measures have been introduced to strengthen the security framework and ensure uninterrupted mining operations in a conducive environment.

The minister also referred to recently issued mineral exploration licences in Balochistan’s Chagai and Khuzdar districts, describing them as part of the government’s broader efforts to expand exploration activities.

Speaking at the forum, Barrick Mining Corporation Chairman John Thornton described the Reko Diq project as a partnership involving Pakistan, Barrick, local communities and international investors to unlock one of the world’s major mineral resources.

He acknowledged the role of Pakistan’s leadership in advancing the project through forward-looking policies and international partnerships, reaffirming Barrick’s intention to remain a long-term partner of Pakistan.