Barrick increases gold reserves by 10% to 76 million ounces in 2022, more than doubles copper resources gold copper
- Barrick Gold , the world's second largest gold producer, said today it grew attributable proven and probable gold mineral reserves by 10% to 76 million ounces net of depletion in 2022, while maintaining grade despite an increase in the reserve price assumption.
The company added that successful exploration at both the Lumwana and Jabal Sayid mines drove the growth of attributable proven and probable copper reserves by 640 million pounds, notwithstanding an increase in the annual reserve price assumption to $3.00/lb. "This growth was driven by the successful completion of a preliminary economic assessment supporting the Lumwana Super Pit expansion, and the incorporation of Reko Diq following the reconstitution of the project in December 2022," Barrick said in a statement.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Driving By Numbers: 10 Worst-selling vehicles in Canada in 2022Less than 0.5 per cent of the entire Canadian new vehicle market is made up of these 10 worst\u002Dselling vehicles
Read more »
Driving By Numbers: 10 Worst-selling vehicles in Canada in 2022Less than 0.5 per cent of the entire Canadian new vehicle market is made up of these 10 worst\u002Dselling vehicles
Read more »
Driving By Numbers: 10 Worst-selling vehicles in Canada in 2022Less than 0.5 per cent of the entire Canadian new vehicle market is made up of these 10 worst\u002Dselling vehicles
Read more »
Driving By Numbers: 10 Worst-selling vehicles in Canada in 2022Less than 0.5 per cent of the entire Canadian new vehicle market is made up of these 10 worst\u002Dselling vehicles
Read more »
Driving By Numbers: 10 Worst-selling vehicles in Canada in 2022Less than 0.5 per cent of the entire Canadian new vehicle market is made up of these 10 worst\u002Dselling vehicles
Read more »
Driving By Numbers: 10 Worst-selling vehicles in Canada in 2022Less than 0.5 per cent of the entire Canadian new vehicle market is made up of these 10 worst\u002Dselling vehicles
Read more »