Barrick’s Tanzania ops on track
Barrick, in partnership with MSALABS, has installed Africa's first Chrysos PhotonAssay laboratory at the Bulyanhulu mine, Tanzania.
Barrick, in partnership with MSALABS, has installed Africa's first Chrysos PhotonAssay laboratory at the Bulyanhulu mine, Tanzania.
Innovations include machine learning at the mine’s three hydropower stations and reactive battery control to reduce back-up diesel generation.
Revision comes as a result of several challenges during commissioning the mine's first Autonomous Haulage System fleet.
The combined company will have a market capitalization of about $24 billion and 48 million ounces of gold reserves.
Backers include Microsoft, BlackRock, General Motors, American Airlines, Boston Consulting Group, Bank of America and ArcelorMittal.
The US-focused gold miner gains the Lone Tree and Buffalo Mountain properties, and related infrastructure.
After this year’s drilling season, the partners will likely turn their attention towards a feasibility study for the Alaska gold mine.
Mosaic expects production to be down by approximately 300,000 tonnes.
No passengers were hurt, but one police officer was injured while the convoy's security repelled the gunfire.
Company said is on track to achieve its yearly guidance despite a covid-19 outbreak that occurred at its Brucejack mine.