Key Facts
  • Asset TypeProject
  • LocationTanzania

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Latest Information
  • 2007 Resource/Reserve Estimate
    Xstrata plc Announced New Reserve And/Or Resource Estimates.
    On 2008-02-05
  • Kabanga JV Prokect PRE-Feasibility Study Commenced
    Kabanga JV Prokect PRE-Feasibility Study Commenced
    On 2007-02-15
  • CAN $117.6Million Financing Closed
    Mercator Minerals Completed Separate Financings for Gross Proceeds of US $117.6Million and CAN $25 Million. in a News Release,the Company Says That it is now "Fully Funded" for the First Phase of Copper-Molybdenum Mill Development at Mineral Park Mine in Arizona.
    On 2007-02-15
  • Agreement Signed for Acquisition of Tanzanian Exploration Licenses
    Agreement Signed for Acquisition of Tanzanian Exploration Licenses
    On 2004-08-25
  • Press Release-English
    Barrick Gold Earned USD77 Million,or14 Cents a Share,on Revenue of USD 536 Million,for the Fourth Quarter,Compared With Earnings of USD 54Million,or 10Cents a Share,on Revenue of USD 526 Million for the Corresponding Quarter Last Year. Prior to the Inmet Settlement of USD 86Million in the Fourth Quarter,Barrick Earned USD220Million. Higher Earnings for the Quarter Were Attributed to a Higher Realized Gold Price and a USD 60Million Increase in non-Hedge Derivative Gains(2003--USD46 Million Gain Versus 2002USD14 Million Loss). These Were Partly Offset by Higher Cash Operating Costs Provisions of USD14 Million for the Inmet Settlement,and USD 10Million for Reclamation Costs and an USD18 Million Lower Income Tax Recovery. for the Year 2003, Barrick Earned USD 200 Million,or37 Cents a Share,on Revenue of USD2.03 Billion,Compared With Earnings of USD193Million,or36 Cents a Share,on Revenue of USD1. 96Billion for 2002. Barrick Produced1.3Million Ounces of Gold at a Total Cash Cost of USD199PER Ounce During the Quarter,Compared With1.6Million Ounces at USD174PER Ounce for the Year Earlier Quarter. Lower Production and Higher Costs Were Primarily Attributable to Expected Lower Grades and Higher Energy Costs,as Well as Higher Royalties and Other Costs Related to the Rising Spot Gold Price. for the Year,Barrick Produced5. 51Million Ounces at a Total Cash Cost of USD189PER Ounce,Compared With5.7Million Ounces at a Total Cash Cost of USD177PER Ounce for 2002. for Quarter,the Company Averaged a Realized Price of USD394PER Ounce,and for the Year Realized an Average Price of USD366PER Ounce. Barrick Reduced its Hedge Position by 600 ,000Ounces in the Quarter and2.6Million Ounces for the Year. the 2003Year-END Hedge Position was15 .5Million Ounces,Down2.6Million Ounces From Year-END 2002. Barrick Expects to Produce Between4.9Million and5.0Million Ounces,at an Average Total Cash Cost of USD 205 to USD 215 PER Ounce.
    On 2004-02-13