• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Saturday, March 28, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Fleet Space Technologies’ ExoSphere to be used for Reko Diq exploration

July 12, 2024
in Business & Finance
Fleet Space Technologies’ ExoSphere to be used for Reko Diq exploration
Share on FacebookShare on TwitterWhatsapp

Fleet Space Technologies of Australia will deploy ExoSphere, an end-to-end mineral exploration solution, to advance Barrick Gold’s copper exploration at its Reko Diq project in Pakistan.

As per a press statement released earlier this week by Fleet Space Technologies, Australia’s leading space company, ExoSphere is being used to generate 3D subsurface maps of local groundwater systems and copper porphyry complexes for multiple zones of interest, comprising over 1,150 km2 of the Reko Diq project.

“We are proud to deploy ExoSphere to advance Barrick Gold’s ESG objectives and support the development of a world-class operation at Reko Diq,” Flavia Tata Nardini, Co-Founder & CEO of Fleet Space Technologies, was quoted as saying in the statement.

Reko Diq is strategic part of Canadian mining company Barrick Gold’s copper portfolio and represents one of the largest undeveloped copper-gold projects in the world.

Reko Diq is owned 50% by Barrick, 25% by three federal state-owned enterprises, 15% by the Province of Balochistan on a fully funded basis and 10% by the Province of Balochistan on a free carried basis.

As per the company’s statement, leveraging Fleet Space’s satellite network in low Earth orbit, smart seismic sensors enabled with edge computing, and rapid data processing – ExoSphere delivers real-time 3D mapping of mineral systems and AI-powered drill targeting with near-zero environmental impact.

“This process enables a faster and more efficient end-to-end data journey, making exploration activities more dynamic and precise by giving remote onsite teams access to actionable insights in real-time,” it said.

Back in March, a delegation of Barrick Gold Company led by Chief Executive Officer Mark Bristow informed the Pakistan’s government that the feasibility of the Reko Diq project in Balochistan would be completed by end of current year.

Tags: Barrick GoldCopper MinesExoSphereFleet Space Technologiesgold explorationPakistan Reko DiqREKO DIQ
Share15Tweet10Send
Previous Post

VIDEO: India’s President Murmu plays badminton with Saina, video goes viral

Next Post

Rupee sees minor decline against US dollar

Related Posts

Footwear, Material and Machinery Show opens: Gilani reaffirms Pakistan’s status as a responsible state
Business & Finance

Footwear, Material and Machinery Show opens: Gilani reaffirms Pakistan’s status as a responsible state

March 28, 2026
4.57mn mobile phones locally manufactured, assembled in two months
Business & Finance

4.57mn mobile phones locally manufactured, assembled in two months

March 27, 2026
Kaspersky says supply chain attacks emerge as top threat for companies
Business & Finance

Kaspersky says supply chain attacks emerge as top threat for companies

March 27, 2026
Forex reserves rise to USD21.74bn
Business & Finance

Forex reserves rise to USD21.74bn

March 27, 2026
Global commodity trader Vitol increased turnover, traded more oil, in 2025
Business & Finance

Global commodity trader Vitol increased turnover, traded more oil, in 2025

March 26, 2026
Pakistan allows all non-residents to operate bank accounts to boost foreign investment
Business & Finance

Pakistan allows all non-residents to operate bank accounts to boost foreign investment

March 25, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    49 shares
    Share 20 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.