Barrick to Boost Throughput and Production at Lumwana With Expansion
GOLDBarrick(GOLD) ZACKS·2024-09-13 01:00

Barrick Gold Corporation (GOLD) announced that the feasibility study for the expansion of its Lumwana mine in Zambia is expected to be completed by the end of this year, with construction slated to commence in 2025. GOLD outlined how the expansion could transform the mine into a long-life, high-yielding operation, placing it among the top 25 global copper producers and achieving Tier One copper mine status. The expansion includes doubling throughput by twinning the existing process circuit and significantly ...