Govt committed to provide security for mine sites: Ali

Minister for Petroleum Ali Pervaiz Malik said the government efforts are increasingly focused on minerals of strategic importance to global investors. He said these efforts are being complemented with modern geochemical and geophysical surveys. Addressing Pakistan Minerals Investment Forum in Islamabad today, he said the government is also strengthening expertise in digital mapping, airborne surveys and mineral assessment. He highlighted that the scientific foundation of Pakistan’s mineral sector is bieng strengthened through Geological Survey of Pakistan. The Minister for Petroleum said the government wants to ensure that uniform fiscal terms are available to every company without requiring special arrangements. He said it is the government’s aim to offer terms that are attractive and fair to investors, the provinces and the federal government. He said the government is committed to providing security and safety for the mine sites, logistics and above all the trained human resource. He said special arrangements have been made to augment security framework for uninterrupted operations of mines in a conducive environment. Ali Pervaiz Malik also mentioned the licenses recently issued for mineral exploration in Chaghi and Khuzdar districts of Balochistan. In his remarks, Chairman of Barrick Mining Corporation John Thornton said Reko Diq is a partnership among Pakistan, Barrick, local communities and international investors to unlock one of the world’s great mineral resources. He acknowledged that the leadership of Pakistan is making the difference through forward looking policies and international partnerships. He said they intend to be long term partner with Pakistan.