Bolan Mining Enterprises (BME) is a joint venture between the Government of Balochistan (GoB) and Pakistan Petroleum Limited (PPL), each with a 50 percent working interest. BME was formed through a joint venture agreement signed on June 1, 1974 to mine, grind and market barite deposits near Khuzdar and other minerals in Balochistan. PPL was designated as operator under the agreement. The agreement was renewed in June 2004 for another 30 years, valid till 2033...
In 2002, BME acquired a mining lease over an area of 13,660 acres in Dilband for iron ore. Dilband ML is valid for three decades. Fine low grade iron ore from Dilband was supplied to Pakistan Steel Mills during 2003 and 2004. BME is now working on exploring suitable technology for utilization of low grade Dilband Iron.
Also known as: Bolan Mining Enterprises