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OGDCL and PMDC Set to Announce Joint Venture to Tap Antimony Treasures in Balochistan

Oil and Gas Development Company Limited (OGDCL) alongside Pakistan Mineral Development Corporation (PMDC) have crafted a strategic plan to explore and commercialize significant antimony deposits located in Balochistan.

The collaboration, structured as a 50:50 joint venture, is poised for announcement at the upcoming Pakistan Minerals Investment Forum 2025, scheduled for the 8th and 9th of next month. Consideration is underway to utilize Oman’s advanced facilities for antimony refining.

Efforts are being made to modernize the national mining education curriculum to meet international benchmarks. Plans are in place to initiate a remote sensing and geological survey for an in-depth analysis of the antimony deposits.

In parallel, progress is being reported in Gilgit Baltistan on acquiring ten mineral blocks, confirming reserves of gold, copper, nickel, and cobalt. Additionally, OGDCL and the Mineral Department are actively engaging in the exploration of mineral deposits in Chiniot, broadening the scope of mineral resource development in the region.

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