Barrick continues to believe in the long-term value of Reko Diq. Following the preliminary findings of the review announced on February 5, 2026, and the more recent escalation in security issues in Pakistan and the Middle East, the Company considers it necessary to extend the review period by 12 months from July to continue to assess the potential impacts and delivery strategy of the project. During that period, development activity will be slowed but remain under active management.
It is anticipated that the extended review and reduced pace of development is likely to impact previously stated budgets and timelines. The Company will provide a further update to the market when it is appropriate.