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Category: International

Barrick Readies Porgera for Restart 1 Gold International 

Barrick Readies Porgera for Restart

Constance
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is aiming to restart operations at the Porgera gold mine later this year, president and chief executive Mark Bristow says. This follows the Security Forum and the opening of the Development Forum on July 20, a precondition for the granting of a special mining lease, by the Minister of Mining, the Hon Sir Ano Pala, at an event attended by the Prime Minister, the Hon James Marape, the Governor of Enga Province, Sir Peter Ipatas and several thousand Porgerans. At the same event, the Mining Minister… Read More Here
Barrick Publishes GISTM TSF Disclosures 2 International Gold 

Barrick Publishes GISTM TSF Disclosures

Constance
Barrick, as a member of the International Council on Mining and Metals (ICMM), has fulfilled its commitment to provide disclosure under the Global Industry Standard on Tailings Management (GISTM) for all of its tailings storage facilities that are classified as ‘Very High’ or ‘Extreme’ consequence under the GISTM by August 2023. Barrick has also committed to provide disclosure for the remainder of its operated facilities by August 2025, also in accordance with the GISTM. Providing access to detailed information about our tailings facilities under the GISTM is in keeping with… Read More Here
US Department of Energy Includes Copper in the List of Critical Minerals 3 Copper Battery Metals International 

US Department of Energy Includes Copper in the List of Critical Minerals

Constance
The U.S. Department of Energy (DOE) officially added copper to its list of critical materials last week, marking the first time a U.S. government agency has included copper on one of its official “critical” lists. like the European Union, Japan, India, Canada and China. The Critical Materials Assessment 2023, which rated materials based on their criticality to global clean energy technology supply chains, focuses on key materials at high risk of supply disruption that are part of integral part of clean energy technologies. The DOE Critical Materials List will inform… Read More Here
Barrick Targets 2028 for First Production from Reko Diq 4 Gold International 

Barrick Targets 2028 for First Production from Reko Diq

Constance
 Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) president and chief executive Mark Bristow says with the updated feasibility study on the giant Reko Diq copper-gold project making rapid progress, the company is aiming to start production in 2028. Speaking at the inaugural session of Pakistan’s first Minerals Summit, Bristow said the signing of the New Reko Diq agreement last year was a landmark event in the development of a mining industry in Pakistan, a process which will be accelerated by the Minerals Summit. “I hope the momentum created by this event will be… Read More Here
West Africa's Mining Industry Flourishes with Gold Production at the Helm 5 Gold International 

West Africa’s Mining Industry Flourishes with Gold Production at the Helm

Constance
There has hardly been a more exciting time for West Africa’s mining sector. For an industry that has grown steadily since the 1990’s, the implementation of new legal frameworks, mining codes, environmental standards and more efficient permitting processes, has promoted the development of the industry to new heights and encouraged private sector engagement and investment. As more projects increasingly populate the landscape, the region has emerged as a key player in markets of global significance, most notably gold. While sub-Saharan production of this resource has historically been dominated by South Africa,… Read More Here
Sibanye suspends Kloof shaft operations after infrastructure damage 6 International Gold Mine Safety 

Sibanye suspends Kloof shaft operations after infrastructure damage

Constance
Sibanye Stillwater has suspended mining operations at its Kloof 4 shaft in South Africa, which produces 14% of the miner’s gold output, after it suffered infrastructure damage, the company said on Tuesday August1st. No injuries were reported after the incident, which occurred on July 30 during a standard safety trial run of the conveyance system conducted before workers were hoisted up the shaft, Sibanye said in a statement. “The incident occurred between shifts and all employees below 39 level were safely brought to the surface without any injuries sustained,” the… Read More Here
Glencore in advanced talks for Argentina copper stake 7 Copper International 

Glencore in advanced talks for Argentina copper stake

Constance
Glencore Plc is in advanced talks to buy out its partner in Argentina’s Mara copper project as the commodity trader and miner seeks increased exposure to the metal, according to people familiar with the matter. Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake that could be announced as soon as next week, said the people, who asked not to be identified discussing private information. The biggest miners are universally bullish on copper, expecting surging demand in the coming years as a greener world… Read More Here
Kavango signs option deal to acquire two gold projects in Zimbabwe 8 Gold International 

Kavango signs option deal to acquire two gold projects in Zimbabwe

Constance
Southern Africa focussed metals exploration company Kavango Resources has signed an option agreement to acquire two gold exploration projects in Matabeleland, southern Zimbabwe. Under the option deal with the undisclosed vendors, Kavango has a binding six-month period to exercise the exclusive options at its sole discretion to acquire the Hillside and Leopard projects. Kavango expects the two projects to have the potential to host bulk mineable gold deposits. During the six-month option period, Kavango can undertake an appropriate exploration programme to assess the two projects’ potential. To exercise the option, Kavango will… Read More Here
The Positive Impact of Responsible Mining 9 Gold Environment Social Governance (ESG) International 

The Positive Impact of Responsible Mining

Constance
Effective and equitable socio-economic development worldwide would not be possible without the transformative contribution of responsible mining, Barrick president and chief executive Mark Bristow said on Tuesday July 25th. Speaking at the group’s third annual Sustainability Update, Bristow said Barrick’s sustainability strategy was geared to the United Nations’ Sustainable Development Goals (SDGs), and in line with its commitment to transparency, its recently published Sustainability Report for 2022 showed how its operations contributed to or impacted on specific SDGs. “We believe mining is the flywheel of development and therefore the entire industry is essential… Read More Here
A Comprehensive Multi-Year Process Extends the Life of Pueblo Viejo Mine to Beyond 2040 10 Gold International 

A Comprehensive Multi-Year Process Extends the Life of Pueblo Viejo Mine to Beyond 2040

Constance
The Barrick operated Pueblo Viejo mine continues to advance the engineering design for the El Naranjo tailings storage facility (TSF) project which will extend its life to 2040 and beyond, president and chief executive Mark Bristow said here today1. The plant expansion and associated new TSF is designed to sustain gold production above 800koz per year (100% basis) going forward1. Speaking at a local media briefing, Bristow said that the comprehensive engineering, environmental and community process, conducted over several years, would enable Pueblo Viejo to double the enormous contribution it… Read More Here

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