Pakistan seeks global mining partners to unlock mineral wealth

Pakistan is looking to bring domestic miners and leaseholders together with international mining firms through joint ventures, technology sharing and financing partnerships, Business Recorder reported. The initiative was discussed when a Wood Mackenzie delegation met Commerce Minister Jam Kamal Khan to consider investment prospects, overseas cooperation and preparations for the Pakistan Minerals Investment Forum.

Khan identified copper, antimony, iron ore and gemstones among the country’s mineral resources, saying development could support exports, foreign investment and industrial activity. He also called for investor-oriented policies, competitive taxes, lower duties on specialised mining equipment and closer federal-provincial coordination, while proposing a gradual move towards processing and downstream manufacturing once mining operations are commercially viable.