Kupferschiefer project aims to revisit archive geological data and reinterpret it using petroleum and mineral system approaches, creating maps of mineral prospective areas within the Central European Basin.
The plant in Gateshead makes use of water-filled, disused coal workings 150 metres beneath the town centre and harnesses geothermal energy from mine water.
Barrick was granted a special mining lease by the island country's Governor General, clearing the way for the 700,000 oz. per year operation to return to production.
Recent research has overturned the view that natural rock weathering acts as a CO2 sink, indicating instead that this can also act as a large carbon dioxide source.