PRECIOUS METALS

Barrick reserves and grades jump with exploration focus

Barrick Gold has reported a 14.5% increase in its reserves and resources at a 7.7% higher grade after mining depletion and including former Randgold Resources assets.

 Barrick Gold exploration geologists at Fourmile in Nevada, USA

Barrick Gold exploration geologists at Fourmile in Nevada, USA

Attributable reserves now stand at 1,300 million tonnes grading 1.68 grams per tonne for 71 million ounces of gold. The annual figure was also impacted by the formation of the Nevada Gold Mines joint venture...

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