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The latest update is out from Barrick Gold ( (TSE:ABX) ).
Barrick Gold’s Kibali mine in the Democratic Republic of Congo ended 2024 with a record performance in yearly throughput, highlighting its operational excellence and efficiency as a low-cost producer. The mine is set to enhance its exploration efforts and strengthen its management team, aiming for new gold discoveries and bolstering its reserves. Additionally, Barrick is advancing the construction of a 16MW solar plant to reduce emissions and fuel consumption, aiming to operate with 100% renewable power for six months annually. The company’s efforts also include maintaining high environmental standards, supporting biodiversity projects, and contributing significantly to the local Congolese economy.
More about Barrick Gold
Barrick Gold Corporation is a leading global mining company, primarily focused on gold production. It operates major mining operations in Africa, the Middle East, and other regions, with a strong emphasis on sustainability and operational excellence. The company is committed to responsible mining practices and is a leader in integrating renewable energy solutions into its operations.
YTD Price Performance: 0.56%
Average Trading Volume: 20,843,448
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $28.14B
For detailed information about ABX stock, go to TipRanks’ Stock Analysis page.
