A major discovery of antimony deposits in Balochistan is set to boost investment in Pakistan’s mineral sector, thanks to the effective strategy of the Special Investment Facilitation Council (SIFC). This discovery is part of a joint venture between the Oil & Gas Development Company Limited (OGDCL) and Pakistan Mineral Development Corporation (PMDC), marking a new chapter for commercial mining in the country.
OGDCL and PMDC have announced their 50:50 joint venture, with the official unveiling scheduled for the Pakistan Minerals Investment Forum 2025, taking place on April 8-9. This initiative is expected to attract significant international interest and open doors for new opportunities in the sector.
Also Read: UK Strongly Condemns Train Attack in Balochistan
Meanwhile, progress is being made in Gilgit-Baltistan, where 10 mineral blocks have been secured, containing confirmed reserves of gold, copper, nickel, and cobalt. In Punjab, exploration activities are underway for Chiniot’s mineral deposits, highlighting the expanding scope of Pakistan’s mineral exploration.
To enhance antimony refining, Pakistan is considering utilizing Oman’s advanced facilities. Additionally, efforts are underway to promote modern mining practices, with OGDCL collaborating with the Higher Education Commission (HEC) to align educational curricula with global standards and foster research and development in the mineral sector.
A comprehensive geological survey, including remote sensing technology, is also in the works to fully assess Balochistan’s antimony reserves. These developments signal a new era of growth and industrial advancement in Pakistan’s mineral industry, driven by SIFC’s forward-thinking strategy.
