Saindak Copper Gold Project

[1] Trial production at the Saindak Copper-Gold project started in 1995 with commitment of funding from the Government of Pakistan.

The Balochistan government also invested funds in building a township with schools, hospitals, shopping plazas, streets, lighting and water pipelines for over 2000 residents.

[3] After the construction of the infrastructure and the trial run, the project was to be operated by Saindak Metals Ltd, a company owned by the Pakistan government.

However, the PKR 17 Billion required to start operations were not received due to political wrangling and bureaucratic delays.

So it offered the federal government an additional 20% stake in the company (for another 10% of proceeds from the mine) in lieu of the remaining loan amount.

The sign in Chinese and English at the entrance of the road to Saindak copper-gold project.