akistan’s top business tycoons have offered to take over a disputed copper and gold deposit that was once explored by Barrick Gold and Antofagasta, according to people familiar with the matter.
Officials at the provincial Balochistan government are said to have met with a consortium of four business groups including tycoons Arif Habib and Muhammad Ali Tabba who are willing to invest about $1-billion of their own cash in the project, the people said, asking not to be named because the discussions are private.