Negotiations over Cobre Panama mine contract near end
The country aims to obtain more in royalty payments from the Canadian miner and improve environmental conditions at the giant copper mine.
The country aims to obtain more in royalty payments from the Canadian miner and improve environmental conditions at the giant copper mine.
After a $2.8 billion deal late last year, the future looks bright for one of the highest grade gold mines in the world.
Barrick took control of the mine in 2019, when the country’s National Environment Management Council had closed down the TSF, then holding significantly more water than it should.
It has completed key growth projects at Canada's Lamaque and Turkey's Kışladağ gold mines and flagged upcoming news on Greek project.
Great Bear Dixie project in northwestern Ontario is considered one of the most important Canadian gold discoveries in modern history.
The licences are adjacent to the Bulyanhulu mine and have the potential to add significant mineral reserves to Barrick’s asset base in Tanzania, the company said
The Canadian miner received the permit to expand throughput at its Jacobina gold mine to 10,000 t/d from 7,500 t/d.
It expects gold output from its Canadian mines to reach 500,000 ounces a year by 2028 thanks to new mineralized zones found at Wasamac.
Sum allows the miner to continue progressing critical activities at the underground expansion, but doesn’t guarantee further crucial investment will get approved.
New SpinCo to hold the Lavras do Sul project, and NSRs on certain Amarillo exploration rights.