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Market Chatter: Barrick Mining Slows Work on the Reko Diq Deposit In Pakistan, Reuters Reports
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Market Chatter: Barrick Mining Slows Work on the Reko Diq Deposit In Pakistan, Reuters Reports
Mar 26, 2026 9:25 AM

12:06 PM EDT, 03/26/2026 (MT Newswires) -- Barrick Mining ( B ) (ABX.TO, B) is extending its review of the Reko Diq copper-gold project in Pakistan amid security concerns, Reuters reported on Thursday.

The company said the delay comes amid security concerns both in Pakistan and the Middle East and is likely to raise costs for development of one of the world's largest copper and gold deposits, the news agency said.

Barrick will extend its review by 12 months from July, while development work at the site will be slowed.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 53.14, Change: -0.78, Percent Change: -1.45

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