The mining sector in Pakistan is advancing with support from the Special Investment Facilitation Council (SIFC). Numerous corporations are diligently investigating mineral reserves in diverse locations.
Hub Power Holdings Limited has formed a joint venture with the British company Arc Metals Private Limited for mineral exploration and development, thereby augmenting foreign investment in the sector. Arc Metals seeks to locate and extract mineral-rich regions in Balochistan, Khyber Pakhtunkhwa, and Gilgit-Baltistan through the utilization of innovative technologies.
Hub Power Holdings has commenced mineral acquisition projects in Sindh in partnership with foreign companies. Mari Mining Company has obtained rights for exploration in Chaghi District, where Reko Diq Mining Company concentrates on copper and gold reserves.
The funding from SIFC has augmented the involvement of both local and foreign enterprises in mining, hence promoting economic expansion and generating employment possibilities.
