Pakistan welcomes move for negotiated deal after Reko Diq mine ruling
14 July 2019 - 18:28
Islamabad — Pakistan says it has welcomed a statement by Tethyan Copper expressing willingness for a negotiated settlement after a World Bank tribunal ordered the government to pay $5.8bn in damages in a dispute over the Reko Diq copper mine.
The statement from the attorney-general's office came after a World Bank arbitration court ruled in favour of Tethyan Copper, a joint venture between Chile's Antofagasta and Canada's Barrick Gold, in a dispute over a lease to the mine, located in a remote area of southwestern Pakistan...
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