SIFC’s effective strategy opens new investment opportunities in the mineral sector
A significant discovery of antimony deposits has been made in Balochistan, paving the way for increased investment in Pakistan’s mineral sector. The discovery is part of a comprehensive commercial venture led by Oil & Gas Development Company Limited (OGDCL) and Pakistan Mineral Development Corporation (PMDC).
OGDCL and PMDC have announced a 50:50 joint venture, with the official declaration expected during the Pakistan Minerals Investment Forum 2025, scheduled for April 8-9.
Gilgit-Baltistan: Progress has been made in acquiring 10 mineral blocks, with confirmed reserves of gold, copper, nickel, and cobalt.
Punjab: OGDCL is in contact with the Mineral Department for exploration of Chiniot’s mineral deposits.
Antimony Refining and Mining Advancements
Pakistan is considering utilizing Oman’s advanced facilities for refining antimony.
To promote modern mining practices, Pakistan has decided to align educational curricula with global standards. OGDCL is collaborating with HEC and universities to support research and development in the mineral sector.
Advanced Geological Surveys Planned
A comprehensive remote sensing and geological survey is being prepared for a full assessment of Balochistan’s antimony reserves.
The Special Investment Facilitation Council (SIFC) is playing a key role in mineral sector development, setting new directions for growth.
These discoveries and initiatives signal a new era of investment and industrial advancement in Pakistan’s mineral sector.