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Barrick Gold CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous…
ContinueAdded by Riaz Haq on November 19, 2024 at 9:00am — 5 Comments
Citizens of Lahore have been choking from dangerous levels of toxic smog for weeks now. Schools have been closed and outdoor activities, including travel and transport, severely curtailed to reduce the burden on the healthcare system. Although toxic levels of smog have been happening at this time of the year for more than a decade, this year appears to be particularly bad with hundreds of people hospitalized to treat breathing problems. Millions of Lahoris have seen their city's air quality…
ContinueAdded by Riaz Haq on November 14, 2024 at 10:30am — 2 Comments
National University of Science and Technology (NUST), National Information Technology Board (NITB) and Telecom network operator Jazz have signed a Memorandum of Understanding (MOU) to develop Pakistan’s first indigenous Large Language Model (LLM) with focus on Urdu, including datasets for Pashto and Punjabi languages. It is aimed at empowering individuals, businesses, and organizations with advanced…
ContinueAdded by Riaz Haq on November 7, 2024 at 10:00am — 5 Comments
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Pakistan has outranked India yet again on the World Happiness Index, making Indians very very unhappy. Indian media commentators' strong negative emotional reaction to their nation's poor ranking betrays how unhappy they are even as they insist they are happier than their neighbors. Coming from the privileged upper castes, these commentators call the report "…
ContinuePosted by Riaz Haq on March 22, 2025 at 10:30am — 3 Comments
Pakistan Purchasing Managers Index (PMI), jointly launched by Habib Bank (HBL) and S&P Global, is showing sustained growth in manufacturing for the last several months. It has been consistently above 50, indicating expansion. This indicator disagrees with contraction reported by Pakistan Bureau and Statistics (PBS) Large Scale Manufacturing (LSM) indicator. What accounts for this discrepancy? Is it because the LSM tracks only a subset of industries tracked by PMI? Is there a difference…
ContinuePosted by Riaz Haq on March 18, 2025 at 5:00pm
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