The Veladero gold mine, in Argentina, has been revitalised, following a review of its strategy and business plan, with its life extended by at least ten years.
During the review, gold major Barrick reinterpreted the mine’s geology and continued with an infill drilling campaign.
“We established exploration and resource management teams to identify satellite orebodies with the potential to deliver an increase in resources and reserves,” said CEO Mark Bristow on Monday.