Barrick Gold Corporation has completed the reconstitution of the Reko Diq project, having received a favorable opinion from the Supreme Court of Pakistan and the required legislation having been passed into law.

One of the largest undeveloped copper-gold projects in the world, Reko Diq is owned 50 percent by Barrick, 25 percent by three federal state-owned enterprises, 15 percent by the Province of Balochistan on a fully funded basis and 10 percent by the Province of Balochistan on a free carried basis.

A separate agreement provided for Barrick's partner Antofagasta PLC to exit and be replaced by the Pakistani parties in the reconstituted project.