https://en.wikipedia.org/wiki/Reko_Diq_Mine
Wikipedia, (not necessarily a citation desired):
…..at Reko Diq is estimated at 5.9 billion tonnes with an average copper grade of 0.41% and an average gold grade of 0.22 g/tonne.
…the feasibility study in respect of the project and submitted this to the Government of Balochistan in August 2010.
…the Reko Diq Mining Project was to build and operate a world-class copper-gold open-pit mine at a cost of about $3.3 billion.
…the economically mineable portion of the deposit has been calculated at 2.2 billion tons, with an average copper grade of 0.53% and gold grade of 0.30 g/ton, with an annual production estimated at 200,000 tons of copper and 250,000 ounces of gold contained in 600,000 tons of concentrate.
Observations:
1. Capex $3.3 billion, not $6++++billion for Pebble.
2. A real mining company, not a non-miming company.
3. Barrick has to go to Pakistan when Pebble is right there in Alaska. Barrick has no interest in Pebble.
4. Compare mineralized "ore" grades. Diq appears better even considering multi-metal equivalent conversion.
5. Feasibility Study completed and likely another Feasibility Study in the works, government submitted. None prepared for Pebble releasing mineral reserves.
6. Metallurgy?
7. Long-term water treatment, maintenance, cost and liability as compared to Pebble?
8. No denied permits, unlike Pebble?
9. Government supports unlike Pebble.
10. Located in a sensitive enviroment unlike Pebble?