Lagunas Norte
Lagunas Norte is located on the Alto Chicama property in north-central Peru, 140 kilometres east of the coastal city of Trujillo, and 175 kilometres north of Barrick’s Pierina mine. The property lies on the western flank of the Peruvian Andes and is at an elevation of 4,000 to 4,260 metres above sea level. The Lagunas Norte mine is an open-pit, crush, valley-fill heap leach operation.
Lagunas Norte is Barrick’s lowest cost
operation and in 2009, the mine produced
1.0 million ounces of gold at total cash
costs of $138 per ounce. Proven and
probable gold reserves as of December
31, 2009 are estimated at 7.5 million
ounces.
Source:
Barrick.com
Barrick Gold Corporation
Barrick Gold is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units located in Australia, Africa, North America and South America. Barrick is currently undertaking mining and exploration projects in Papua New Guinea, the United States, Canada, Dominican Republic, Australia, Peru, Chile, Russia, South Africa, Pakistan, Colombia, Argentina and Tanzania. For 2008, it produced 7.7 million ounces of gold at a cash cost of US $443/ounce. As of December 31, 2008 its proven and probable gold mineral reserves stand at 138.5 million ounces.
Source:
Wikipedia, Barrick Gold.
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