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Barick Completes Divestiture of Three Australian Mines
Barrick Gold Corp. Sold Granny Smith Mine,Lawlers Mine and Darlot Mine,Australia.
Barrick Gold Corp. Announced the Divestment of Granny Smith,Lawlers and Darlot Mine,Australia.
Completion of2ND Ore Processing Campaign -(CRE )
Crescent Gold Announced That it has Successfully Completed a Second 50DAY Processing Campaign Through the Barrick Granny Smith Mill in Which22,658 Ounces of Gold and7, 707 Ounces of Silver Were Produced VIA an Ore Processing Agreement Between Crescent’S Laverton Gold Operations and Barrick,Near Laverton in WA (27 ,251Ounces Were Produced in the First Campaign).
Campaign Milling Commences at Barrick Facility -(CRE )
Crescent Gold Announce That the Sale of Crescent Ore to Barrick and the Campaign Processing of Crescent Ore has Commenced at Barrick’S Granny Smith Mill(Bgsm)at Laverton,Western Australia. Following the Recent Commencement of Mining Activities at Laverton and the Hauling and Stockpiling of Gold Ore to Barrick’S Nearby Granny Smith Mill(Bgsm), Crescent has now Reached its Next Stated Development Milestone With the Start of Processing of Crescent Ore Through Bgsm as of the11 TH of October 2009. the Ore Processing Will be Undertaken by Barrick on an Allotted 50Days PER Quarter Campaign Basis Under the Guidelines of the Recently Negotiated Ore Purchase Agreement(OPA). all Gold Produced Under the OPA Will be Attributable to Barrick,However the Equivalent Production Rate of Gold is Forecast to be > 100 ,000OZ PER Annum.
Acquisition of Auriongold Completed -(Placer )
After Completing the Compulsory Acquisition Process Placer Dome now Owns 100 % of Auriongold Limited. Placer's BID for the Australian Gold Producer was Launched on MAY26,and by MID-October the Company HAD Gained a Controlling Interest. the Auriongold Acquisition Increases Placer's Interest in the Granny Smith Mine in Australia From 60% to 100 %,and Increases the Company's Interest in the Porgera Mine in Papua New Guinea From 50% to 75%. it Also Adds Three New Mines in the Kalgoorlie Region of Western Australia and a Fourth in Tasmania. Asia Pacific is now Placer's Largest Region and is Expected to Contribute1.8Million Ounces or About Half of the Company's Total Production,in 2003.
9/1/2015 12:58:17 AM