(AGENPARL) - Roma, 8 Aprile 2025 - (AGENPARL) – Tue 08 April 2025 PRESS RELEASE
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The Reko Diq Joint Venture shareholders have approved the project’s updated Feasibility Study and conditionally approved the associated Phase 1 development capital subject to the closing of up to $3 billion limited recourse project financing, allowing the project to advance with major works in 2025, while maintaining the target for first production by the end of 2028.
At the same time, the shareholders have selected Fluor Corporation as the lead Engineering, Procurement and Construction Management (EPCM) partner to work alongside the Barrick Owner’s Team in the detailed design and construction of the project.
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Barrick Gold Corporation
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Barrick Gold Corporation . 161 Bay Street, Suite 3700 . Toronto, Ontario M5J 2S1 . Canada