Barrick Gold (TSE:ABX) has released an update.
Barrick Gold Corporation announces the expected completion of a feasibility study for the Lumwana mine expansion in Zambia by year-end, aiming to double annual copper production and significantly improve the mine’s cost profile. The project, which will start construction in 2025, is anticipated to enhance the mine’s net present value considerably and positions Lumwana among the top copper producers with competitive costs.
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