said the country risks being “left behind” if it doesn’t introduce new measures to keep pace with the American act, which includes a mix of tax incentives, grants and loans to boost the clean-energy and transportation sectors.
Some analysts, though, said the decision was necessary in the current geopolitical environment where democratic nations face increased competition for influence from China, Russia and other autocratic states, and that miners would be able to replace the lost funding from other companies belonging to friendlier nations.
It also aims to start producing copper at its Reko Diq project in Pakistan’s Balochistan province from 2028 onwards. Barrick said the region hosted the “largest undeveloped copper project in the world.” Bristow said he is a firm believer of Barrick’s copper-gold strategy, describing copper as the most “strategic metal” on this planet alongside gold.Article content
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