Contract WinsAwarded significant mining services contracts at Reko Diq, the contracts are expected to extend through December 2028 with a provision for a five-year extension and generate over $60M of annual revenue once fully operational.
Service ExpansionCapital announced an expansion of its service offering at the Reko Diq project, which will utilize the majority of its idle mining fleet for new contracts.
Strategic PositioningExposure to a world-class project from the outset of development, Barrick recently completed an updated feasibility study outlining a 37-year mine life with a total estimated capital expenditures of $8.83B over two phases.