December 31, 2004
A 115-megawatt natural gas-fired power plant is planned to be built in Nevada that will supply the mine, which will reduce total cash costs by an average of about $10 per ounce over the remaining life of mine.
In 2004, Barrick conducted exploration and development drilling programs, focusing on the North and South pit targets. These programs returned positive results in 2004, with open-pit grade intercepts encountered in 80% of the holes completed. A total of 250,000 feet (76,000 meters) of drilling were completed for the year. A total of 2.3 million contained ounces were added to the reserves.(Dec/04)
Research - Professional or Research - Advanced Subscriber Access Required
