ISLAMABAD - Renowned nuclear scientist and member Planning Commission, Dr Samar Mubarakmand, Wednesday told the Supreme Court that they have technical expertise and manpower to run Reko Diq project, therefore, the Government should not give it to foreign company as it wanted to take raw copper and gold from the Reko Diq reserves out of the country. A three-member bench headed by Chief Justice Iftikhar Mohammad Chaudhry and comprising Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday was hearing identical petitions of Tariq Asad Advocate and Wattan Party through Zafarullah Advocate. Later, the Balochistan Government and Sanjrani tribe also became party into the case. The Reko Diq project, located in Chaghi district of Balochistan, is being developed by the Tethyan Copper Company Pakistan (TCCP), jointly owned by Barrick Gold Corporation, Canada, and Antofagasta, Chile. Dr Samar informed the court, They are fundamentally trained to handle the project independently. He said every year the country has to import 0.1 million ton copper, adding from Sandak project we dont get even one kg copper for our industries therefore if we will operate this project ourselves then down-line industries in Pakistan would flourish. The nuclear scientist with the help of multimedia explained that according to Tethyan Copper Company version gross value of metal (copper and gold) at Reko Diq (EL-5) site is $104 billion. The royalty payable to the Government of Balochistan at 2 per cent on gross value of metal is $2.08 billion and the share in profit of the Government of Balochistan at 25 per cent is $7.635 billion, while the total cash payable to the Government of Balochistan for life of mine, which is 56 years, would be $8.97 billion. The cash payable to Balochistan would be $160 million per year. But the Balochistan Copper Project version is different and according to that total cash profit to the Balochistan Government during the life of the mine (56 years) would be $131.824 billion. He explained that the figures are based on the processing of copper ore 5000-ton per day to produce copper metal and other valuable such as Gold, Silver, Molybdenum and Sulphuric Acid. He said that the execution work would be started after the release of funds, adding the estimated completion period will be 04 years, with effect from the release of funds. Dr Samar said the companies that had surveyed Thar Coal project did not claim mining rights. He said in three years the TCCP, which was leased 400 sq km land, carried out on work on 6-7 sq km, which is the 3 per cent of the total project.