Barrick Gold Reviews Reko Diq Project Amid Rising Balochistan Security Risks

• Canadian mining giant Barrick Gold is reviewing its Reko Diq gold and copper project in Balochistan due to escalating militant attacks.
• Barrick's CEO Mark Hill confirmed the board is assessing capital allocation, security, and development timelines.
• The decision follows a rise in security incidents in Balochistan, impacting the project's capital budget.
• Barrick holds a 50% stake in Reko Diq, with Pakistani entities owning the rest.
• This move comes after China temporarily suspended operations in Gwadar due to militant attacks, highlighting broader security concerns for foreign investors in the region.