Barrick Gold has ended a long-running dispute with Pakistan and will now start to develop one of the world's biggest gold and copper mining projects under an agreement signed on Sunday.
Under the out-of-court deal, an $11 billion penalty slapped against Pakistan by a World Bank arbitration court and other liabilities will be waived and Barrick and its partners will invest $10 billion in the project, Pakistan Finance Minister Shaukat Tarin said.
