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Barrick's gold reserves rise in 2024 on Reko Diq project
Canadian miner Barrick Gold's overall proven and probable gold reserves jumped 23% to 17.4 million ounces at the end of 2024, lifted by its Reko Diq copper-gold project, the company said on Thursday.
Barrick Grows Gold and Copper Reserves Significantly, Setting It Apart From Peers as It Positions for Growth
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) grew attributable proven and probable gold mineral reserves by 17.4 million ounces 4 (23%) before 2024 depletion. Attributable proven and probable mineral reserves now stand at 89 million ounces at 0.
Barrick reports 23% increase in gold reserves in 2024
The increase is primarily attributed to the Reko Diq copper-gold project in the Chagai district of Balochistan, Pakistan.
18d
on MSN
Pakistan's Reko Diq mine to generate $74 billion in free cash flow over 37 years, Barrick CEO says
The Reko Diq copper and gold project in Pakistan is expected to generate approximately $74 billion in free cash flow over the next 37 years, based on consensus long-term prices, the CEO of joint owner ...
20h
Barrick Gold price target lowered to $24 from $25 at Raymond James
Raymond James lowered the firm’s price target on Barrick Gold (GOLD) to $24 from $25 and keeps an Outperform rating on the shares. Barrick ...
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