CHINA-PAKISTAN: CHINA EXTENDS LEASE WITH PAKISTAN'S SAINDAK METALS BY 15 YEARS
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China has taken a 15-year extension of its leasing rights on a gold and copper mine project in
restive Balochistan province. A 15-year extension of the lease between Saindak Metals
Limited (SML) of Pakistan and the Metrological Construction Company of China (MCC) for
the Saindak Copper-Gold Project was cleared by the Pakistan cabinet on February 9. The lease
contract had been valid until October 31, 2022, but it now expires in 2037.
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