Supernet to Establish Communication Infrastructure at Reko Diq Mine

Supernet Limited is set to develop the internet and communication infrastructure at the Reko Diq Copper and Gold Mine located in Balochistan, according to a statement shared with the Pakistan Stock Exchange (PSX) on Monday.

In the notification, Supernet Limited communicated a collaborative alliance with the Reko Diq Mining Company.

The announcement stated, “Supernet Limited is pleased to reveal a strategic partnership with Reko Diq Mining Company to implement cutting-edge internet and communication infrastructure at the Reko Diq Copper and Gold Mine in Balochistan.”

The notification further noted, “This collaboration signifies a crucial advancement in promoting digital connectivity at one of Pakistan’s most strategically important mining ventures.”

As part of the alliance, Supernet Limited stated it will implement “reliable, secure, and adaptable communication solutions to maintain uninterrupted operations in the isolated and challenging topography of Reko Diq”.

Zia Tariq, Head of Sales – Defense at Supernet Limited, stated, “This partnership emphasizes Supernet Limited’s firm dedication to empowering Pakistan’s strategic sectors with top-tier technology. Reko Diq is a project of national significance, and we are honored to contribute by facilitating connectivity in one of Balochistan’s most remote areas. Our solutions will promote secure, effective, and sustainable mining activities.”

It is important to note that Barrick Gold possesses a 50% share in the Reko Diq mine, while the Pakistani government and the Balochistan provincial government collectively own the remaining 50%.

Barrick views the mine as among the world’s largest untapped copper-gold reserves, and its progression is anticipated to significantly benefit Pakistan’s economy.

Earlier this month, the CEO of joint owner Barrick Gold stated that the Reko Diq copper and gold project would emerge as a “beacon that leads Pakistan” on the global mining stage.

He commented, “This mine is poised to become one of the most cost-effective copper producers globally.”

“There is ample justification to anticipate that Reko Diq will remain operational beyond the conclusion of this century.”

He disclosed that initial production is projected to commence in 2028, targeting an annual output of 240,000 tons of copper and 300,000 ounces of gold.