Saindak Copper-Gold Mine is located near Saindak town in Chagai District of Balochistan, Pakistan. The discovery of copper deposits at Saindak was made in the 1970s in collaboration with a Chinese engineering firm. The Saindak Copper-Gold Project was set up by Saindak Metals Ltd, a company fully owned by the Government of Pakistan, by the end of 1995 at a cost of PKR 13.5 billion.

SML Articles

PACHINKOH Magazine-2017

Establishment of RDC Charter Saindak Copper-Gold Project (SCGP) of Saindak Metals Limited (SML) (formerly, Resource Development Corporation) was established in April 1974, under the Companies Ordinance bearing Registration No: 0004413, Ministry of Petroleum to plan, prospects, organize, execute and implement exploration, evaluation, extraction, production, development and marketing of minerals, metals and ore. SML signed an agreement on October 23, 1990 with M/s MCC China Metallurgical Construction Corporation (MCC) for construction of Saindak Copper-Gold Project on turnkey basis. The Agreement contained clause of facility of Supplier’s Credit of US$ 84 million against which equipment / machinery were to be supplied by the Contractor (MCC). The first project assigned by Federal Government to SML is Saindak Copper-Gold Project and located in Saindak, District Chagai in Balochistan Province. During the trial production in 1995, project produced 1,500 M/T of blister copper and sold in International market but due to low prices of copper the project could not made operational and from 1996 to 2001 due to low prices of copper in International market; Government of Pakistan sustained a loss of Rs.300 Million annually, on payment of salary of the employees and static maintenance of machinery and other facilities. The Government of Pakistan decided to make the project operational and a committee of federal cabinet was constituted to recommend options. The committee recommended leasing option to restart the project. With the smooth enduring operations of the Corporate Social Responsibilities (CSR); MCC Resources Development Company (Pvt.) Limited (MRDL) actively and efficiently undertaking the social responsibilities for the people of Saindak and rest of Balochistan, by bringing benefits for the natives which ultimately leads to the enhancement of the economic development in Balochistan and Pakistan as a whole. Since 2002, MRDL in close collaboration/coordination with Saindak Metals Limited (SML) has spent Rs. 659.255 Million on CSR related activities, including, Health, Education, Power Generating, Communication, Water Supply Schemes, Infrastructure, Employment etc. Since 2013 till 2017 MRDL has paid US$ 5.501 Million to Government of Balochistan for CSR related activities, (Health, Education, Power Generation, Communication, Water Supply Schemes, Infrastructure & Employment).