Barrick looks to explore new gold, copper deposits in the DRC

Date:

Barrick’s Kibali mine, Democratic Republic of Congo. Image from Rangold Resources.

Barrick Gold (TSX: ABX; NYSE: GOLD) announced on Wednesday that it is prepared to explore new gold and copper deposits in the Democratic Republic of Congo in partnership with the government.

The world’s No. 2 gold miner wants to continue exploring the region, it said, after its success at the Kibali gold mine in northeastern DRC. The mine yielded 343,000 ounces of gold in 2023, representing nearly 8.5% of the company’s output for the year.

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...