Barrick Gold sees major resource gains in Nevada and expands operations in South America, improving finances.

Barrick Gold Corporation has made significant progress in reducing debt and returning money to shareholders, while expanding operations in Chile, Peru, and Ecuador. The company's Fourmile project in Nevada has seen a major increase in mineral resources, with indicated resources up 192% and inferred resources up 137%. Barrick plans a three-year prefeasibility study to further define the orebody and explore higher cash flow potential compared to its Goldrush project.

November 22, 2024
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