Islamabad: Supreme Court on Thursday allowed Tethyan Copper Company Limited (TCC) to submit application for mining license.
A four-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry comprising Justice Muhammad Sair Ali, Justice Ghulam Rabbani and Justice Khalil-ur-Rehman Ramday, was hearing a case against leasing of Reko-Diq gold and copper mines in Balochistan worth over $260 billion to foreign exploration and mining companies by the federal government in violation of law.
The court ordered the Balochistan government not to approve the license application till the court decided the case.
During the hearing Justice Ramday remarked that all the research on the Reko-Diq project was carried out by the foreign exploring companies while indigenous companies have done nothing in this regard.
Barrister Zafarullah Jamali contended that the agreement between the Balochistan government and the foreign company was a conspiracy against the state aimed at plundering national resources.
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