Pakistan

[phyvette]

Pakistan: les pluies de la mousson «inhabituelles» font des centaines de morts.

Des pluies torrentielles et subites ont fait, jeudi 14 et vendredi 15 août, près de 200 nouvelles victimes dans le nord du Pakistan, portant ainsi à plus de 500 le nombre de tués depuis le début de la mousson fin juin 2025.

Le Pakistan, cinquième pays le plus peuplé au monde, est l'un des plus vulnérables aux effets du changement climatique.

https://www.rfi.fr/fr/asie-pacifique/20 ... s-de-morts

https://www.youtube.com/watch?v=Zwh3mp8dDKA

[energy_isere]

suite de ce post du 25mai 2025 : viewtopic.php?p=2411815#p2411815

Barrick seeks $3.5B financing for Pakistan copper mine

Staff Writer | August 11, 2025 |

Barrick Mining (NYSE: B)(TSX: ABX) aims to secure up to $3.5 billion in financing from the United States and other international lenders to build a massive copper-gold mine in Pakistan, after long-promised Saudi funding failed to materialize.


Chief executive Mark Bristow told the Financial Times on Monday that the company is working on a “G7-country financing package” for the Reko Diq project in Balochistan province. Talks involve the World Bank’s International Finance Corporation (IFC), the US Export-Import Bank and Development Finance Corporation, the Asian Development Bank, and lenders in Germany, Canada and Japan.

“There is a lot of interest to support Pakistan,” Bristow told FT, adding the $9-billion project had “focused a spotlight” on the region.

Bristow said any US government backing would give the country access to copper concentrate from the mine, though the material would still need to be processed into metal.

“The challenge for the US is smelting to capacity; it’s all spoken for,” he said, noting the country needs more domestic smelters to reduce its reliance on Chinese metal imports.

Reko Diq is considered one of the largest undeveloped copper-gold deposits in the world, projected to generate more than $70 billion in free cash flow over the next 37 years and $90 billion in operating cash flow over its lifetime. The project is jointly owned by Barrick and the governments of Pakistan and Balochistan.

Phase one, targeted to begin production in 2028, is under active financing negotiations. Project director Tim Cribb said earlier this year that the mine is seeking $650 million from the IFC and International Development Association, $500 million to $1 billion from the US Export-Import Bank, and $500 million from other development finance institutions, including the Asian Development Bank, Export Development Canada and the Japan Bank for International Cooperation.

https://www.mining.com/barricks-seeks-3 ... pper-mine/

[energy_isere]

suite du post au dessus.

Du financement pour le projet Reko Diq :

ADB approves $410m funding for Reko Diq mine in Pakistan
The financing package includes up to $300m in senior loans and a $110m partial credit guarantee, aiming to attract private investment by reducing risks.

Vidya Sagar Maddela 22nd Aug 2025

The Asian Development Bank (ADB) has approved a $410m financing package for Pakistan’s Reko Diq copper-gold mine, operated by Barrick Gold.

The financing package includes up to $300m in senior loans and a $110m partial credit guarantee, aiming to attract private investment by reducing risks.

The initiative is expected to boost foreign investment in Pakistan’s mineral sector, particularly in rare earth deposits.

It encompasses community-focused initiatives in healthcare and education.

ADB president Masato Kanda said: “Reko Diq will help the critical minerals supply chain, while advancing the clean energy transition and driving digital innovation across the region and beyond.

“ADB’s support is also a game-changer for Pakistan, creating quality jobs and underpinning the nation’s transition toward a more resilient and diversified economy.”

Located in Balochistan’s Chagai district, the mine is managed by a joint venture 50% owned by Barrick Gold, and the remaining 50% by Pakistan’s state-owned entities and the provincial government of Balochistan.

Its development is expected to significantly boost the local economy, creating jobs and fostering regional growth.

Construction of the open pit mine and processing plant began this year, following strict environmental, social, and governance standards.

Production is anticipated to start by late 2028, with the mine’s operational life expected to exceed 37 years.

The mine is expected to become the world’s fifth-largest copper producer, generating 800,000 tons of copper concentrate annually.

ADB said it is the inaugural project under its critical minerals-to-manufacturing value chains strategy, focusing on materials vital for clean energy and digital technologies.

Since its inception in 1966, ADB has invested over $43bn in Pakistan, supporting inclusive growth and infrastructure development.

https://www.nsenergybusiness.com/news/a ... -pakistan/