Category: Latest News

ISLAMABAD: A leading US-based minerals exploration and development company has shown strong interest in investing in Pakistan’s mineral and mining sectors, signalling potential collaboration in critical and high-value minerals. Nova Minerals — a dual Nasdaq and ASX-listed company specialising in gold, antimony, and critical minerals — sent a delegation led by CEO Christopher Gerteisen to meet Minister for the Board of Investment (BoI) Qaiser Ahmed Sheikh on Thursday. The delegation expressed particular interest in antimony and rare earth minerals and discussed opportunities for technical cooperation, knowledge-sharing, and feasibility studies with…

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ISLAMABAD: The government’s bid to oust K-Electric CEO Moonis Alvi has failed for the second time in 10 days, after another board meeting convened to remove him collapsed due to a walkout by a majority of directors. The meeting, held on Thursday at K-Electric’s head office in Karachi, was called with the same agenda as earlier this month — the removal of the CEO. Unlike the Nov 5 session, the latest meeting met all legal requirements, with nine out of ten directors present, though the federal finance secretary was absent.…

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Pakistan Petroleum Limited (PPL) proudly announces that the company participated in competitive bidding for the award of blocks for hydrocarbon exploration which was held by the Government of Pakistan on October 31, 2025. PPL participated in eight offshore blocks and secured 100 percent success, with two as operators and six as Joint Venture (JV) partners. The Government of Pakistan has provisionally awarded eight (8) new blocks (Gharo Creek, Kochi Creek, Bin Qasim South, Keti Bandar, Behr, Zarrar, Offshore Deep D, and Sapat Bandar) to joint ventures of PPL with other…

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