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Barrick Gold Corp.
Summary
| Project: | Kibali | |
|---|---|---|
| Deposit: | Kibali | |
| Location: | Congo, Democratic Republic Of The | |
| Commodities: | Gold | |
| Date: | 1/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Active Mining & Production | |
| Report details: | 2-1-2019: Barrick Gold Corp. announces a Supporting Acquisition report for its Kibali deposit at the Kibali project. Statement of mineral resources and ore reserves at project in support of acquisition. The purpose of this report is to support the public | |
| Resources: | (Reserve, P+P): 66.0Mt @ 4.09g/t Au for 8.7Moz Au contained at Kibali | |
| CP/QP: | [Resources]: Simon Bottoms (Internal) | |
| ABSTRACT: | The purpose of this report is to support the public disclosure of the year end 2017 Mineral Resource and Ore Reserve estimates at the Kibali Gold Mine (Kibali, the Mine or the Project) located in the Democratic Republic of the Congo (DRC) as of 31st December 2017. This Technical Report conforms to National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101). All currency in this report is US dollars ($) unless otherwise noted. Kibali Goldmines SA (Kibali Goldmines) is an exploration and mining company which is currently owned 70% by Moto Gold Mines Limited (Moto), and 20% by Kibali Jersey Ltd. Both Moto and Kibali Jersey Ltd. are joint ventures owned 50% by Randgold Resources Limited (Randgold) and 50% AngloGold Ashanti Limited (AngloGold Ashanti). This equates to an overall interest in Kibali Goldmines of 45% for Randgold and 45% for AngloGold Ashanti. The remaining 10% of Kibali Goldmines SA is owned by Congolese parastatal Société Miniere de Kilo-Moto SA UNISARL (SOKIMO) with the shareholding held by the Minister of Portfolio of DRC (MoP). Randgold is the operator at Kibali for both exploration and mining. In addition, Randgold is developing and operating gold mines in West and East Africa. The most notable of these are the following | |
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