Business

Canada Seeks Mineral Collaboration with Pakistan Following Reko Diq Success

Federal Minister for Petroleum Ali Pervaiz Malik met with Canadian High Commissioner to Pakistan Tarik Ali Khan to discuss strengthening bilateral cooperation in the minerals and energy sectors.

According to an official statement, the Canadian high commissioner said the success of Barrick Gold’s project at Reko Diq demonstrated the potential for deeper Pakistan-Canada collaboration in the minerals sector. He added that Canada was encouraging more Canadian companies to participate in the Pakistan Minerals Investment Forum (PMIF).

The high commissioner said Canada viewed Pakistan as an important partner in a changing global environment and conveyed that Natural Resources Canada was ready to support cooperation in Pakistan’s mineral sector. He also shared that he had personally visited the Reko Diq site and observed community development initiatives, including schools, healthcare facilities, and water purification projects.

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The petroleum minister said Reko Diq had secured international financing, calling it one of Pakistan’s largest recent funding achievements. He said the government was committed to maintaining labour safety standards and Environmental, Social and Governance (ESG) compliance, adding that mineral projects were being developed with a long-term national perspective.

The Canadian high commissioner invited Pakistan to participate in the Prospectors & Developers Association of Canada (PDAC) Convention 2026, scheduled for March in Canada, describing it as an opportunity to present Pakistan’s mineral potential to international investors.

He also said Canada was exploring ways to provide technical assistance in the energy sector. The petroleum minister welcomed the offer, stating that technical expertise and knowledge-sharing would help improve systems and support investor confidence.

Both sides agreed to continue engagement to strengthen cooperation in the minerals and energy sectors as part of broader Pakistan-Canada relations.

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Published by
Muhammad Bilal