Canadian-based, Papua New Guinea-focused K92 Mining has appointed David Medilek as its president and chief operating officer. Medilek joined K92 in 2019 and was most recently president. Prior to that he was the company’s vice president of business development and investor relations. His career has also included positions with Macquarie Group, Cormark Securities and Barrick Gold. K92 has also selected…
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Barrick Gold CEO Mark Bristow has spoken with some of First Quantum Minerals’ major investors to gauge their support for a potential takeover as the gold giant seeks to become a major copper producer, reported Bloomberg. Canadian-based First Quantum has been left vulnerable after Panama ordered the closure of its new Cobre Panama mine last month, wiping out more than…
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Barrick Gold said it has begun recommissioning the Porgera gold mine in Papua New Guinea following the formal completion of a commencement agreement. Porgera, an open pit and underground gold mine, has been in care and maintenance since April 2020. Barrick said it anticipates mining and processing to restart in the first quarter of 2024. The equity in the mine…
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Following an agreement on new ownership structure, Barrick Gold announced that its Porgera mine in Papua New Guinea will resume operations this month with first gold to be poured in Q1 2024. “It’s been a long journey but in the process we have secured the buy-in of all the stakeholders and we look forward to steering the mine back to…
Read MoreBarrick Gold’s Nevada Gold Mines has confirmed receipt of its plan of operations for the new Goldrush underground mine at the Cortex complex in Beowawe, Nev., from the U.S. Bureau of Land Management, allowing it to advance to active status.
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Assay services provider MSALABS has forged a partnership with Barrick Gold and Chrysos to deliver the latter’s PhotonAssay technology to Barrick mine sites across four continents. The partnership will commence with the deployment of three PhotonAssay units to the Nevada Gold Mines complex in the United States.
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Barrick said Nevada Gold Mines, its majority-owned joint venture with Newmont, has commissioned the first seven of a new 22-unit Komatsu 930E fleet of electric mine trucks ahead of schedule. The rest of the fleet is due later this year. Full story.
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Miner Barrick Gold said it will be adopting Sandvik’s Remote Monitoring Service (RMS) across its entire global fleet – more than 200 trucks, loaders and drills – following success with the system’s implementation at the Loulo-Gounkoto underground complex in Mali, West Africa. Sandvik officials said RMS is already being rolled out at Barrick sites in the U.S., Canada, Central Africa…
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Barrick Gold has agreed to roll out a global testing and implementation program for specialty chemicals company Draslovka’s proprietary glycine gold leaching product – GlyCat. The technology can potentially unlock substantive savings and generate value for Barrick’s operations while also improving its environmental footprint. Starting at the Bulyanhulu gold mine in Tanzania and several other Barrick operations, largescale test work…
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TRX Gold has confirmed a plan to expand its milling capacity and up production in South Africa, ordering an additional ball mill for the Buckreef gold operation. The Canadian-headquartered miner, which said in January it was targeting an increase of 75-100% of its oxide through the addition, placed the order for the 1,000-tonne-per-day mill through CSI Energy Group Tanzania in…
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