Mark Bristow believes Barrick's growth plan is 'unique' in gold industry

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- Barrick , the world’s second largest gold miner, is projecting a 30% increase in production on the back of the growth options embedded in its asset portfolio, president and chief executive Mark Bristow told the Gold Forum Americas today.

“We not only have a sustainable, fully budgeted 10-year base plan, we also have a growth plan that sees us increase production by 30% by the end of the decade, which I believe is unique in our industry,” he said. The company expects to double its copper production by the end of the decade and continue to increase it to an estimated 450,000 tonnes of copper per annum by 2031.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines