قومی ریئل اسٹیٹ خبریں

Gilgit | ReNews Pakistan
Gilgit/Baltistan Chief Minister Amjad Hussain has called for immediate safety measures on the Baltistan Highway, warning that frequent traffic incidents and landslides along the strategically important route pose serious risks to residents, tourists and other travelers.
Addressing a meeting focused on preventing traffic accidents and landslide-related incidents, the chief minister directed the National Highway Authority (NHA) and Frontier Works Organization (FWO) to take emergency measures to improve safety conditions along the highway, which was previously referred to as the Baltistan Road.
The chief minister said the route is vital for connectivity in the region but frequent landslides have created difficulties for travelers and tourists. He stressed that ensuring safer and more reliable movement along the highway is essential for the socio economic development of Baltistan.
“Prime Minister Shehbaz Sharif has issued directives to ensure safe travel on this vital highway. The NHA and FWO must implement safety measures on an emergency basis,” he said.
The highway's improved safety and reliability could also have implications for the region's tourism and property markets. Better road connectivity can increase accessibility to remote areas, potentially supporting the development of hotels, resorts, commercial facilities and other tourism-related properties along key sections of the corridor.
CM Hussain also highlighted Gilgit-Baltistan's investment potential in tourism and the power sector, calling for greater efforts to attract investment and promote economic activity in the region.
Meanwhile, Special Investment Facilitation Council Secretary Jameel Ahmed Qureshi met with the chief minister and briefed him on ongoing efforts to attract international investors to energy, tourism and other strategic sectors.
The developments come as Gilgit-Baltistan seeks to strengthen infrastructure and connectivity to support tourism, investment and broader regional development. Improved highway safety, alongside investment in infrastructure, could increase the accessibility and development potential of areas located along the Baltistan Highway.

Two major Pakistani companies, National Resources Limited (NRL) and Mari Energies Limited, have announced encouraging copper and gold discoveries in Balochistan’s mineral-rich Chagai district, highlighting the region’s potential for future mining investment and industrial development.

Addressing the Pakistan Minerals Investment Forum 2026, NRL Chairman Muhammad Ali Tabba revealed that the company had identified copper-gold mineralisation at eight locations in the Darigwan area following approximately 25,000 metres of exploratory drilling. The discoveries extend across an area of about 5.6 square kilometres, adjoining NRL’s previously identified Tang Kaur copper-gold prospect. According to the company, one drill hole intersected a 295-metre mineralised section containing 0.43% copper and a reported gold grade of 0.13 grammes per tonne, while a 132-metre interval within the same section recorded a higher copper concentration of 0.83%. The findings indicate promising mineralisation, although further exploration and formal resource assessments are required to determine the size, economic viability and commercial development potential of the deposits.

NRL, a joint venture involving Fatima Fertilisers, Liberty Mills and Lucky Cement Limited, currently holds five mineral exploration licences in Balochistan, covering two copper-gold projects, one lead-zinc project and two antimony projects. Muhammad Ali Tabba said additional drilling and exploration under licence EL214 would help establish the extent of the newly identified mineral deposits. The company is working towards its first internationally compliant mineral resource estimate, while preliminary assessments prepared by an independent consultant have not yet been publicly released pending completion of the required reporting procedures. NRL plans to begin environmental, hydrogeological, metallurgical and geotechnical studies in 2027, with the objective of completing a bankable feasibility study by the end of the decade.

The chairman also reaffirmed the company’s previously announced $100 million commitment to mineral exploration in Pakistan and invited domestic and international investors, contractors and technical service providers to participate in emerging opportunities. To improve exploration efficiency, NRL has partnered with Lahore University of Management Sciences (LUMS) to develop an artificial intelligence-based predictive model using geological information and drilling data. The company aims to establish an integrated mineral development platform encompassing exploration, extraction, processing and value-added industrial activities.

Meanwhile, Mari Energies Limited announced a separate copper-gold discovery at the East Siah Diq (ESD-1) exploration target in Chagai district through its wholly owned subsidiary, Mari Minerals (Private) Limited. The discovery is situated approximately 50 kilometres east of the Reko Diq copper-gold project and 25 kilometres northwest of Nokkundi, in the Koh-i-Sultan area. Speaking at the Pakistan Minerals Investment Forum 2026, Mari Energies Managing Director and Chief Executive Officer Faheem Haider disclosed that the company had completed approximately 25,000 metres of exploratory drilling in two phases, with individual drill holes extending to depths of up to 500 metres. The drilling programme identified porphyry-style copper mineralisation beneath approximately 100 metres of overlying material, covering an estimated area of 1.4 square kilometres. Haider described the findings as an important milestone in the company’s minerals exploration programme and said further geological assessments and technical studies would be undertaken to establish the scale and potential commercial viability of the discovery. He reaffirmed the company’s commitment to responsible mineral exploration and long-term value creation for Pakistan and its stakeholders.

The latest exploration results reinforce Chagai district’s growing importance as a centre of copper and gold exploration, alongside the internationally significant Reko Diq mining development. The discoveries could eventually create opportunities for mining infrastructure, mineral-processing facilities, transport networks, power supply systems and associated industrial investment in Balochistan. Development of commercially viable mineral projects may also support employment, regional economic activity and future mineral exports. However, both discoveries remain at the exploration and technical assessment stages, and neither company has announced confirmed commercial production volumes or construction schedules for mining operations at the newly identified sites. Their eventual development will depend on verified mineral resource estimates, detailed feasibility studies, financing arrangements, environmental and regulatory approvals, and the availability of supporting infrastructure. The announcements nevertheless represent further progress in Pakistan’s efforts to attract investment into its mineral resources and develop a stronger domestic mining and minerals-processing industry.