Insight: Gold war in Pakistan highlights investment risks http://t.co/xrRW3lG5 by @chrisallbritton
Insight: Gold war in Pakistan highlights investment risks
ISLAMABAD (Reuters) – Pakistan’s Reko Diq, an untapped copper and gold mine of fabulous potential, was meant to be the biggest foreign investment in the country’s mining sector, but it’s beginning to look more like fool’s gold to the companies involved.
Set in one of the most godforsaken places on earth, in a Baluchistan desert at the foot of an extinct volcano, Reko Diq was expected to yield revenues of at least $60 billion over the 56-year life of the mine.
Gold war in Pakistan highlights investment risks
ISLAMABAD, Feb 17 (Reuters) – Pakistan’s Reko Diq, an
untapped copper and gold mine of fabulous potential, was meant
to be the biggest foreign investment in the country’s mining
sector, but it’s beginning to look more like fool’s gold to the
companies involved.
Set in one of the most godforsaken places on earth, in a
Baluchistan desert at the foot of an extinct volcano, Reko Diq
was expected to yield revenues of at least $60 billion over the
56-year life of the mine.
Iran tension could eclipse Pakistan Security summit
ISLAMABAD, Feb 16 (Reuters) – Afghan President Hamid
Karzai sought Pakistan’s support on Thursday for advancing the
reconciliation process in Afghanistan ahead of a trilateral
summit on regional security involving Iran’s president.
But the meeting in Islamabad between Karzai, Pakistani
President Asif Ali Zardari and Iranian President Mahmoud
Ahmadinejad could be overshadowed by Tehran’s mounting tensions
with the West.
Iran tensions could eclipse Pakistan summit on regional security
ISLAMABAD (Reuters) – Afghan President Hamid Karzai sought support from Pakistan in advancing the reconciliation process in Afghanistan ahead of a trilateral summit on regional security on Thursday involving Iran’s president.
But the meeting in Islamabad between Karzai, the Pakistani President Asif Ali Zardari and Iranian President Mahmoud Ahmadinejad could be overshadowed by Tehran’s mounting tensions with the West.
Another great feature from @rebeccajconway: For some Pakistanis, suicide the only way to escape poverty http://t.co/k1LsDuXG
Great feature on the beleaguered PIA by @qasimnauman. Can Pakistan’s state airline fly through tough times? http://t.co/N6HwL7gV
Pakistan Supreme Court takes center stage as political
ISLAMABAD (Reuters) – By indicting Pakistan’s embattled prime minister for contempt of court on Monday, the Supreme Court may have cemented its role as a political player alongside the military and the civilian government, complicating an already Byzantine political scene.
Prime Minister Yusuf Raza Gilani was indicted on Monday for refusing to follow a court order to reopen old corruption cases against his party boss, President Asif Ali Zardari. Gilani, who pleaded not guilty, and his advisers say Zardari has immunity as head of state, but the court remains unconvinced.
Pakistan Supreme Court takes centre stage as political player http://t.co/JV0tRK9j by @chrisallbritton and @serenac13
Pakistan Supreme Court takes centre stage as political player
ISLAMABAD (Reuters) – By indicting Pakistan’s embattled prime minister for contempt of court on Monday, the Supreme Court may have cemented its role as a political player alongside the military and the civilian government, complicating an already Byzantine political scene.
Prime Minister Yusuf Raza Gilani was indicted on Monday for refusing to follow a court order to reopen old corruption cases against his party boss, President Asif Ali Zardari. Gilani, who pleaded not guilty, and his advisers say Zardari has immunity as head of state, but the court remains unconvinced.


