Forget about the new gold treasure…Pakistan already has that mine which will do wonders in just 3 years.

Pakistan has been struggling with an economic crisis for a long time and its leaders are standing at the door of IMF or Arab countries for help. After all these bad days, Pakistan has seen a ray of hope. Geological Survey of Pakistan (GSP) has discovered a gold reserve of about 32.6 metric tons. According to reports, the estimated value of this huge gold reserve is about 600 billion Pakistani rupees.
You will be surprised to know that this reserve found on the Indus River is not the first one, Pakistan has already found so much gold in one place that its fortunes can change in three years. The Reko Diq mine in Pakistan's Balochistan province is famous for its large gold and copper reserves. It is believed that this is the fifth largest gold reserve in the world and the process of extracting gold from here has also started.
The big countries of the world have their eyes on this mine of Pakistan. The Canadian company has already struck a deal with the Pakistan government and now Saudi Arabia is also talking to the Pakistan government for this mine.
Reko Dick will make Pakistan rich in three years.
Reko Diq has the world's 5th largest copper and gold reserves, estimated to contain 5.9 billion tonnes of ore grading 0.41% copper and 41.5 million ounces of gold, which could be extracted for at least 40 years.
Barrick Gold, a Canadian company operating this mine, says the first production from the mine is targeted to begin by 2028. Its capacity is expected to be 90 million tonnes per year.
Saudi is asking for a 15 percent stake.
The Saudi Arabian government is in talks with the Pakistani government to extract gold from the Reko Diq mine. Saudi hopes to get a 15 percent stake in this mine.
Talks between the two countries began last year for the Reko Diq copper and gold mine project in Balochistan province. Pakistani media reports said the cabinet had approved the sale of a 15 per cent stake for $540 million and the Saudi Fund for Development would provide $150 million to help mineral development in the Balochistan region.
However, Pakistan Petroleum Minister Musadik Malik said that the deal has not yet been approved.
Who has how many shares in Reco Dick?
50 percent of this mine is owned by Canada's Barrick Gold, which is one of the world's largest gold mining companies. 25 percent is owned by 3 companies of the Pakistan Central Government and 25 percent is owned by the Balochistan Government. If the deal with Saudi is finalized, then only a 10 percent stake of the Pakistan Government will remain in it.