Barrick reports 23% increase in gold reserves in 2024
The increase is primarily attributed to the Reko Diq copper-gold project in the Chagai district of Balochistan, Pakistan.
Barrick Gold sees higher gold reserves on Reko Diq project
Canadian miner Barrick Gold saw its proven and probable gold mineral reserves rise by 23% to 17.4 million ounces before 2024 depletion, largely due to its Balochistan, Pakistan-based Reko Diq copper-gold project,
Barrick reports higher reserves, with Reqo Diq making a substantial contribution
Global gold and copper miner Barrick Gold Corporation has reported that its attributable proven and probable gold mineral reserves have increased by 17.4-million ounces before 2024 depletion. Attributable proven and probable mineral reserves now stand at 89-million ounces at 0.
Barrick Gold's reserves jump 23% in 2024, boosted by Reko Diq project
Barrick holds a 50% stake in the Reko Diq mine, with the remaining ownership shared between federal, Balochistan govts
Barrick’s Reko Diq mine in Pakistan to generate $74bn over 37 years
The Reko Diq mine is expected to produce $74bn in free cash flow over the next 37 years, according to Barrick Gold CEO Mark Bristow. Barrick Gold holds a 50% stake in the mine, while the governments of Pakistan and Balochistan own the remaining stake.
Barrick Gold grows gold, copper reserves
Barrick Gold (GOLD) grew attributable proven and probable gold mineral reserves by 17.4 million ounces before 2024 depletion. Attributable
Barrick's gold reserves rose in 2024 on Reko Diq project
Barrick Gold said overall proven and probable gold reserves rose 23% to 17.4M oz at the end of 2024, led by conversion of resources from the Reko Diq copper-gold project to mineral reserves.
Barrick Gold price target lowered to $24 from $25 at Raymond James
Raymond James lowered the firm’s price target on Barrick Gold (GOLD) to $24 from $25 and keeps an Outperform rating on the shares. Barrick ...
Reko Diq mine to generate $74B in free cash flow over 37 years, Barrick CEO says
The Reko Diq copper and gold project in Pakistan could generate $74B in free cash flow over the next 37 years, based on consensus long-term prices, Barrick Gold (NYSE:GOLD) Mark Bristow said Monday in ...
Barrick Gold Trading Cheaper Than Industry: Should You Buy the Stock?
While GOLD's efforts to advance key projects, solid financial health and a safe dividend yield paint a promising picture, its high costs warrant caution.