Gentry Beach-led mining company signs landmark deal in Pakistan

Pakistan Jan, 31 2025
Gentry Beach-led mining company signs landmark deal in Pakistan
  • 759
  • 0

ISLAMABAD: White Bridge Mining, led by prominent US investor Gentry Beach, has signed a landmark agreement with the Apex Energy for the exploration and development of Placer Gold deposits.

This agreement marks a major breakthrough in unlocking Pakistan's vast, untapped mineral wealth-estimated at over $50 trillion-and integrating the country into global critical mineral supply chains.

This first-of-its-kind investment demonstrates growing international confidence in Pakistan's mining sector, paving the way for advanced mineral exploration, sustainable extraction, and long-term economic growth.

It also highlights White Bridge Mining's commitment to responsible investment, state-of-the-art mining technologies, and high-value job creation."Pakistan is home to extraordinary mineral wealth, and our investment is a commitment to unlocking its full potential through responsible mining and global partnerships.

This collaboration has the potential to be positioned within the US Department of Defense's (DoD) Trusted Partner Programme, which seeks to secure and diversify critical mineral supply chains in key global markets.

This agreement is expected to bring modern mining technologies and sustainable extraction practices, ensuring that Pakistan's mineral wealth is developed responsibly while maximizing economic returns.

Published in The Daily National Courier, January, 31 2025

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Our Correspondent
Our Correspondent https://www.dailynationalcourier.com/author/our-correspondent
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Karachi’s New Master Plan 2047 Faces Unseen Urban Hurdles

KARACHI: As Karachi’s planners speak of a vision for 2047 the city’s current state stands as a cautionary tale. Decades of unregulated construction ignored zoning laws and unchecked expansion have left Karachi suffocating under its own ur...

Zohran Mamdani becomes New York City's first Muslim mayor

Zohran Mamdani, a 34-year-old democratic socialist, won the New York City mayoral race on Tuesday, capping a meteoric rise from a little-known state lawmaker to one of the country's most visible Democratic figures. Mamdani will become the first Musli...

Sindh Wildlife Department announces regulations, bans quail netting, permits mandatory

KARACHI: The Sindh Forest and Wildlife Department has officially announced the commencement of the 2025–26 hunting season across the province. According to a notification issued by the department, hunting of game birds will be permitted fr...

SHC issues notice on illegal constructions worth Rs1bln in Karimabad Society

KARACHI: The Sindh High Court has issued notices to the Sindh Building Control Authority (SBCA) and other concerned parties regarding alleged illegal constructions on plots in the Ismailia Multi-Purpose Cooperative Society Limited in Karimabad. The c...

More like this
Related

Sindh Wildlife Department announces regulations, bans quail netting, permits mandatory

KARACHI: The Sindh Forest and Wildlife Department has officially announced the commencement of the 2025–26 hunting season across the province. According to a notification issued by the department, hunting of game birds will be permitted fr...

Police registers case against TLP leadership, workers under terrorism charges

LAHORE: At least five people, including a police officer, three Tehreek-e-Labbaik Pakistan (TLP) workers, and a passerby, were killed as law enforcement agencies carried out a major pre-dawn operation in Muridke on Monday to disperse what officials d...

K-Electric announces financial results for FY24

KARACHI: The Board of Directors of K-Electric (KE) in its meeting held on September 23, 2025, approved the financial results for the company for the year ended June 30, 2024. Pakistan's economy in fiscal year 2024 had remained largely subdued an...

Businessmen Panel announces 30 candidates for KCAA

KARACHI: The electoral battle for the Karachi Customs Agents Association (KCAA) has officially begun. After six years, the Businessmen Panel has formally announced the names of its Office Bearers and Managing Committee candidates for the upcoming Ann...
Need Help? Chat with us