The Supreme Court (SC) declared on Friday that a new agreement on the Reko Diq gold and copper mining project in Balochistan is valid.
The Reko Diq copper-gold mine is one of the world’s greatest untapped resources. After being put on hold in 2011, work has resumed on the project.
On the suggestion of Prime Minister Shehbaz Sharif, President Arif Alvi submitted a reference under Article 186 of the Constitution of Pakistan to the Supreme Court about the Reko Diq Project, and the Supreme Court has now declared its decision.
The Supreme Court was asked by the president whether a revised agreement for the Reko Diq project would stand up in court in light of the Pakistani Constitution and the rules of international arbitration.
The Supreme Court said in its judgement that it received assistance from foreign experts and that the Reko Diq agreement does not conflict with the court’s 2013 decree.