RE:RE:RE:RE:RE:just listening to the barrick interview The article you shared is half a decade old. I’m of the opinion that the assertions made in this dated piece may no longer be relevant in the present context.
On February 14, 2024, Barrick announced their fourth quarter and annual results for 2023. The report highlighted Barrick’s consistent growth in reserves, with a replenishment rate of 109% for gold and 124% for copper reserves. The company’s brownfields exploration programs have been successful since 2019, adding close to 29 million ounces to their proven and probable gold reserves. When taking into account all properties under Barrick’s management, this equates to an increase of 44 million ounces in reserve.
On the same date, Bristow discussed the possibility of Barrick Gold expanding its portfolio to include copper assets. However, since the Magino Gold mine lacks substantial copper resources, the rationale behind Barrick Gold’s potential interest in acquiring it remains unclear. I’m fairly certain that this information is not relevant to Argonaut Gold.