Barrick’s Tanzania gold mines boost their combined output to 547koz

Barrick’s two gold mines in Tanzania, North Mara and Bulyanhulu, boosted their combined output to 547,000 ounces in 2022, achieving another step towards their potential Tier One status in the group’s asset portfolio as a combined complex. At the same time, exploration is continuing to deliver opportunities to grow the mineral reserves net of depletion at both mines.

Briefing media and other stakeholders, Barrick president and chief executive Mark Bristow said since the company took over control of the mines in 2019 it had completely transformed what were effectively dead or dying operations into valuable assets in terms of their current performance, their future prospects and their social licence.

Briefing media and other stakeholders, Barrick president and chief executive Mark Bristow said since the company took over control of the mines in 2019 it had completely transformed what were effectively dead or dying operations into valuable assets in terms of their current performance, their future prospects and their social licence.

Barrick’s two gold mines in Tanzania, North Mara and Bulyanhulu, boosted their combined output to 547,000 ounces in 2022, achieving another step towards their potential Tier One status in the group’s asset portfolio as a combined complex. At the same time, exploration is continuing to deliver opportunities to grow the mineral reserves net of depletion at both mines. Briefing media and other stakeholders, Barrick president and chief executive Mark Bristow said since the company took over control of the mines in 2019 it had completely transformed what were effectively dead or dying operations into valuable assets in terms of their current performance, their future prospects and their social licence.

Barrick’s two gold mines in Tanzania, North Mara and Bulyanhulu, boosted their combined output to 547,000 ounces in 2022, achieving another step towards their potential Tier One status in the group’s asset portfolio as a combined complex. At the same time, exploration is continuing to deliver opportunities to grow the mineral reserves net of depletion at both mines. Briefing media and other stakeholders, Barrick president and chief executive Mark Bristow said since the company took over control of the mines in 2019 it had completely transformed what were effectively dead or dying operations into valuable assets in terms of their current performance, their future prospects and their social licence.