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The unlocking of value at the Pueblo Viejo gold mine in the Dominican Republic, following the finalization of the location for the new tailings storage facility, will support that growth, he said, with the latest geological model for its current $2.
“There’s also more to come from our three Tier One assets in Nevada, where we hold 8,000 square kilometers of prospective land in one of the world’s most richly-endowed gold districts. In Africa, our two Tier One mines continue to deliver geologically driven growth, while the two Tanzanian mines we took over have been transformed into successful operations and have the potential to achieve Tier One status as a combined complex.
“Gold and copper production has met or exceeded guidance each year since the merger. Strong cash flow generation has turned net debt of $4.2 billion into net cash of $145 million at the end of last quarter,” he added.