By The South Asia Times

ISLAMABAD - Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar has highlighted the country's mineral potential as the government seeks to attract international investment, advanced technology and global partnerships to develop its largely untapped mining sector.

Dar addressed the opening session of the two-day Pakistan Minerals Investment Forum 2026 in Islamabad, which brings together international mining executives, investors, policymakers, financial institutions and industry experts to explore investment opportunities in Pakistan.

The forum, organised with the backing of the Special Investment Facilitation Council (SIFC), aims to position Pakistan as an emerging destination for investment in critical minerals and strengthen its integration into international mineral supply chains.

Pakistan possesses 92 known minerals, including copper, gold, chromite, coal, gemstones and other strategically important resources. According to estimates cited by the Institute of Cost and Management Accountants of Pakistan, the country's mineral reserves are valued at approximately $8 trillion, while the mining sector currently contributes less than 3% of national GDP.

The government is seeking to bridge this gap through investment in exploration, modern mining technology, mineral processing and infrastructure development.

A major focus of the forum is the Reko Diq copper and gold project in Balochistan, one of the world's largest undeveloped copper and gold deposits. The project is expected to attract billions of dollars in investment and generate significant export earnings, employment and economic opportunities.

International participants include senior representatives from major mining companies, financial institutions and governments. Among the prominent industry figures expected are Barrick Mining Corporation Chairman John L. Thornton and Ivanhoe Mines Executive Chairman Robert Friedland.

The forum also provides an opportunity for Pakistan to develop partnerships with international companies in geological exploration, mineral processing, financing and sustainable mining practices.

The government has emphasised the importance of transparent regulations, investor-friendly policies, environmental protection and equitable distribution of economic benefits among local communities.

The two-day gathering, running from November 12 to 13, is part of Pakistan's broader effort to diversify its economy, attract foreign direct investment and turn its natural resources into a source of long-term economic growth.