The World Bank’s private investment arm, International Finance Corporation (IFC), will provide $300 million in debt financing for the Reko Diq copper-gold mining project, an IFC disclosure said on Wednesday.

Barrick Gold’s copper and gold project intends to lock in upwards of $2 billion in financing from international lenders, with term sheets signed by early Q3, its project director for the mine told Reuters on Tuesday.

The funding will support the development of the Reko Diq mine, one of the world’s largest underdeveloped copper-gold deposits, which is hoped to generate $70bn in........

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