Barrick extends partnership, strengthens ties with Sandvik

A long-term global fleet agreement between Barrick Gold and Sandvik Mining and Rock Solutions has been extended in a deal the pair say will improve safety, productivity and sustainability.

The fleet alliance will be guided by operational and relationship KPIs, Sandvik noted, and includes Barrick’s rollout of Sandvik’s Remote Monitoring Service (RMS) to its entire global underground fleet of more than 200 connected Sandvik trucks, loaders and drills.

RMS has already reduced maintenance costs while increasing uptime across Barrick’s Sandvik fleet.

Additionally, Sandvik and Barrick will also develop a long-term BEV strategy and define BEV transition plans in line with Barrick’s objective to be carbon neutral by 2050.

“Sandvik Mining and Rock Solutions supplies value-adding technologies for our global mining operations,” said Barrick executive Glenn Heard. “This mutually beneficial cooperation will help ensure we continue our growth journeys in the areas of automation, digitalization and electrification in order to drive improvements across our sites.”


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