Thursday, June 23, 2011

Balochistan govt plans to set up Copper refinery at Reko Diq gold and copper mine

Balochistan Finance Minister Mir Asim Kurd Gaillo has revealed that the provincial government has decided to set up copper refinery and processing plant with initial investment of Rs 8.5 billion .
Addressing a post-budget press conference on Tuesday FM told that the Reko Diq project was the world biggest resource and the provincial government had decided to set up copper refinery there and a processing plant to obtain maximum revenue for the province thus Rs8.5billion had been earmarked in the current Balochistan Budget for 2011-12 for the purpose.