Barrick, which operates Kibali in a joint venture with AngloGold Ashanti (AU -1.3%) and Congo's Sokimo, guides for full-year production of 750K oz. of gold from the mine after reporting a record 285K mt of ore were hoisted through the shaft in March, with throughput and recovery at or above nameplate levels.
Bristow says Barrick is intensifying its focus on reserve and resource replacement due to Kibali’s accelerated production rate.
Now read: Barrick Gold: Blue Skies Ahead? »
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