Key Points: Pakistan finalizes $3.5 billion financing with six global lenders for Reko Diq revival. Disbursement likely in 45–90 days, with favorable terms: 4–5 year grace, 12-year repayment, single-digit interest. Project valued at $7.7 billion, projected to generate $53 billion revenue over lifetime. Barrick Gold holds 55% equity, remaining held by OGDCL, PPL, and the Balochistan government. ISLAMABAD (The Express Tribune) – October 8, 2025: Pakistan has secured a $3.5 billion financing package with six major international financial institutions to reignite the Reko Diq mining venture in Balochistan, one of the country’s most ambitious mineral development projects.  According to government sources, participating lenders include US EXIM Bank, the Asian Development Bank (ADB), and several European and development finance institutions. The agreement still awaits final board approvals, but disbursement is expected to begin within 45 to 90 days once conditions are met.  Under the terms, the loans will feature a 4 to 5-year grace period, followed by a 12-year repayment schedule, with single-digit interest rates — a favorable structure designed to ease the financial burden during early construction phases.  First lady lauds Chinese medical team for lifesaving efforts Security forces kill 19 Indian sponsored Khwarij in Orakzai Pakistan’s F-16 Fleet Set to … Continue reading Pakistan Locks $3.5B Deal to Revive Reko Diq Mining Project