Kibali on track to meet full year guidance
Mining News Pro - Gold and copper miner Barrick Gold’s Kibali mine, in the Democratic Republic of Congo (DRC) produced 191 612 oz of gold in the first quarter of this year, thereby keeping it on track to achieve its full year production target.
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Kibali rejects Sokimo claim
Mining News Pro - Kibali Goldmines said on April 18 that it had learned that the Congolese parastatal Société Minière de Kilo-Moto (Sokimo) was attempting, for a second time, to extort certain benefits from the company by filing new proceedings with the commercial court in Kinshasa.
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Barrick CEO said;
Kibali on track to deliver guidance
Mining News Pro - Barrick Gold’s Kibali mine is on track to deliver at the upper end of its 2020 guidance, chief executive Mark Bristow said in a media release Thursday.
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Kibali`s $500m will be cleared to leave Congo `very soon`
Mining News Pro - Barrick Gold`s Kibali gold mining joint venture in Democratic Republic of Congo will be able to get $500-million out of the country very soon, CEO Mark Bristow told Reuters on Monday.
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AJN yields to Barrick pressure, won’t buy into Kibali mine
Mining News Pro - Canadian junior AJN Resources has dropped plans to acquire 10% of the Kibali gold mine in the Democratic Republic of Congo from state-owned Société Minière de Kilo-Moto (SOKIMO), after facing stern opposition from Barrick Gold, the mine’s operator.
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AJN shares slump after Barrick moves to block Kibali stake purchase
Mining News Pro - Shares in junior miner AJN Resources tumbled after Barrick Gold, the operator of Congo’s biggest gold mine, issued a cease-and-desist notice to block AJN’s acquisition of a 10% stake in the mine which it says the deal undervalues.
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Barrick’s Kibali underground breaks records in Q3
Mining News Pro - The underground operation at Barrick Gold’s Kibali mine in the Democratic Republic of Congo set new mining and shaft production records in the third quarter, keeping the Tier 1 gold mine “on track to meet or beat” its guidance of 750,000 ounces for the year.
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Barrick says Kibali mine on track for another record year
Mining News Pro - Barrick Gold Corporation (NYSE: GOLD, TSX: ABX) announced today that it achieved preliminary Q1 production of 1.37 million ounces of gold and 106 million pounds of copper, both in line with its operating plans and guidance.
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