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Barrick Gold Corporation
The underground operation at Kibali set new mining records in Q3 to keep the mine on track to meet or beat its guidance of 750,000 ounces for the year.
An ultra-fine grinding circuit of FLSmidth VXP mills has been successfully optimised at the Barrick Gold Corporation-operated Kibali gold mine in the DRC.
Barrick and Acacia have reached agreement on terms of a recommended offer by Barrick for the share capital of Acacia that Barrick does not already own.
Barrick Gold’s Kibali gold mine remains on track at the year’s halfway point to meet or beat its production forecast of 750 000 oz for 2019.
Barrick Gold Corporation has been granted an extension of the deadline to make a firm intention to make a firm offer for the outstanding shares in Acacia.
Nevada Gold Mines, the new JV between Barrick Gold and Newmont Goldcorp, is a classic case of the whole being more valuable than the sum of its parts.
Acacia Mining has announced a rebound in gold production and performance at the start of Q2 to 47,805 ounces for the month.