Barrick Gold Replaced the Mined Gold Reserves Last Year

The company is expanding its presence in North and South America and seeking new opportunities in North Africa and the Middle East.

SEATTLE (Scrap Monster): Barrick Gold more than replaced the gold reserves it mined last year. The company’s proven ability to sustain this achievement through exploration coupled with its disciplined strategy are likely to support the execution of the company’s 10-year rolling business plan, said John Thornton, Executive Chairman in the company’s 2023 Information Circular.

The company’s strategy of continuing to invest in sustainably profitable organic as well as external growth has equipped it to deal with extremely challenging situations. Its people are truly world class and are more than capable of making Barrick the world’s most valued gold and copper company, amidst uncertainties, he noted.

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The focus for the current year would be to expand the company’s value foundation within and beyond its current borders. Upon reaching full operations, the Reko Diq project in Pakistan is expected to double its copper production, in addition to adding to its gold output. The company is expanding its presence in North and South America and seeking new opportunities in North Africa and the Middle East.

Barrick Gold continues to offer exceptionally rewarding career opportunities in a modern, world-class business, by giving top priority to local recruitment, at a time when new recruitments by global mining companies have dried up.

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