Pakistan’s open luck, who shed money on terror, a treasure of $ 410 million

Pakistan is struggling with terrible financial crisis, but despite this, it does not desist from funding the terrorists. According to a report, Pakistan is going to get $ 410 million. Pakistan’s important Redo Dick Gold-Daper Mines Project is going to get money. The Asian Development Bank is going to give him a big package. If Pakistan gets this money, then the project related to its raco dick will get speed.

Raco dick of the mineral-rich Tathian belt of Pakistan’s Balochistan province is a huge project. It is worth about $ 6.6 billion. Most of its stake is with the mining company. Canadian mining company Bairik Gold holds a 50 per cent stake. If we talk about the Government of Pakistan, then it has 25 percent stake. At the same time, the Government of Balochistan also has a 25 percent stake.

How much gold and copper are in raco dick

After the completion of the racco dick, it will be one of the top five copper mines. According to estimates in this mine, there is a store of 15 million tons of copper. At the same time, 26 million ounces of gold are also expected. This mine can earn more than $ 70 to 74 billion dollars. This will benefit the Government of Pakistan as well as Balochistan. The project related to this mine can start this year. At the same time, the first production of gold and copper can start by the end of 2028.

What will happen to a package of $ 410 million

Asian Development Bank will give a loan of $ 300 million to Canadian company Barrich. At the same time, the provincial government of Balochistan will get $ 110 million to cover the equity contribution. This can prove to be a game changer for Pakistan. This is also expected to strengthen his economy. Asian Development Bank President Masato Kanda has described the project as very important for Pakistan. According to the report of Gulf News, he said, this project will give jobs opportunities and Pakistan will benefit the economy.