[Origina
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rticle is linked here: https://investingnews.com/great-future-beckons-for-lumwana-as-barrick-unlocks-potential/ Note: this particular project, and, other associated prospects, projects, etc are located in the landlocked Central African country of Zambia, adjacent directly to the South of Democratic Republic of Congo.]
Great Future Beckons for Lumwana as Barrick Unlocks Potential
Investing News NetworkJuly 07, 2023 All amounts expressed in US dollars
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) Barrick's drive to transform the Lumwana copper mine into a Tier One 1 asset with a life extending beyond 2060 is picking up speed with a strong performance in the past quarter adding impetus to its continuing production ramp-up.
Briefing media at a site visit here today, Barrick president and chief executive Mark Bristow said the mine's full potential was only now being revealed. Additional expansion opportunities, identified through an updated geological model, are currently being assessed, while drilling at the Kababisa prospect highlights potential mining flexibility through higher grades. The Lumwana pre-feasibility study is progressing in line with our plans to transform its long-term copper profile through the delivery of the envisioned super pit....
[See remaining portion of article at link above.]