Recodek is a game-changer project for Balochistan: President Barrack Gold Corporation



Over the next 8 years, an investment of more than 10 billion dollars, the Ricoh Dick Gold and Copper Project will transform the economic landscape of the region: Mark Bristow. Photo file

Mark Bristow, president and chief executive of Barrack Gold Corporation, says Recodek is a game-changer project for Balochistan.


During an interview to private TV, Mark Bristow said that the investment of more than 10 billion dollars in the next 8 years, the Ricoh Duck Gold and Copper Project will completely change the economic situation of the region.


Mark Bristow called the Ricoh project a game changer for Balochistan and said that 200 jobs have been created for the project which will be increased to 1000 by the end of this year and 10 thousand at the peak of mining. will


He also emphasized on encouraging investors to invest capital for the project with the participation of the local population and said that Barrick Gold Corporation is committed to preparing the local population to invest and directly benefit from the project.


It should be noted that Ricoh Dick is one of the world's largest gold and copper reserves, where precious metals can be mined for 40 years, with an annual capacity of about 80 million tons. The Corporation has 25 percent shares and 15 percent with the Balochistan government, while 10 percent free shares will be given to Balochistan.