Barrick's gold reserves rise in 2024 on Reko Diq project
Canadian miner Barrick Gold's overall proven and probable gold reserves jumped 23% to 17.4 million ounces at the end of 2024, lifted by its Reko Diq copper-gold project, the company said on Thursday.
Barrick reports 23% increase in gold reserves in 2024
Barrick Gold reported a 23% increase in its overall proven and probable gold reserves, reaching 17.4 million ounces (moz) at the end of 2024.
Barrick says global gold reserves rose 23% last year
Barrick Gold (TSX: ABX, NYSE: GOLD), whose stock price has lagged those of rivals amid woes in Africa and elsewhere, said global gold reserves jumped 23% last year after a new assessment of Pakistan’s giant Reko Diq project.
Barrick reports 89 million ounces of gold reserves
Barrick says it is continuing to focus on value creation through exploration and mineral resource management as it works on growth programs at the Turquoise Ridge, Leeville, and Phoenix mines,
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 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 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 Grows Gold and Copper Reserves Significantly, Setting It Apart From Peers as It Positions for Growth
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) grew attributable proven and probable gold mineral reserves by 17.4 million ...
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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 ...