Barrick Gold Announces Commercial Production Begins at Pueblo Viejo

Barrick Gold Corporation (NYSE:ABX, TSX:ABX) announced that commercial production is underway at  the Pueblo Viejo mine in the Dominican Republic.

As quoted in the press release:

Pueblo Viejo Highlights (all figures are Barrick’s 60 percent share unless noted)

  • Ramp-up to full capacity is expected to occur in the second half of 2013 and production for the year is anticipated to be 500,000-650,000 ounces1
  • Barrick’s share of annual production in the first full five years of operation is expected to average 625,000-675,000 ounces
  • 25.3 million ounces of reserves (100 percent basis) as of year-end 2011

Barrick’s President and CEO, Jamie Sokalsky, said:

We are pleased to have successfully completed Pueblo Viejo last year, in line with guidance, and now also to have reached commercial production.

To view the whole press release, click here.

Get the Latest Gold Investing Stock Information

Get the latest information about companies associated with Gold Investing delivered directly to your inbox.

Gold Bullion
Gold Production/Mining
Gold Project Generators
Gold Prospecting and Exploration
+ see more
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Nexus Gold Corp.

Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.

Connect here and don't miss their next catalyst!

Learn More

Leave a Reply