Barrick Gold–The US Bureau Of Land Management Has Issued A Record Of Decision Approving Nevada Gold Mines' Plan Of Operations For Its New Goldrush Underground Mine
Portfolio Pulse from Benzinga Newsdesk
The US Bureau of Land Management has approved Nevada Gold Mines' Plan of Operations for the new Goldrush Underground Mine. The mine, expected to start production in 2024, is forecasted to produce 130,000 ounces of gold in its first year and reach approximately 400,000 ounces annually by 2028.
December 11, 2023 | 12:03 pm
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Barrick Gold's new Goldrush Underground Mine has received approval from the US Bureau of Land Management, with production starting in 2024 and significant output increases expected by 2028.
The approval of the Goldrush Underground Mine is a significant positive development for Barrick Gold, indicating potential revenue growth and increased asset value. The forecasted production figures suggest a substantial impact on the company's gold output, which is likely to be viewed favorably by investors. The news directly pertains to Barrick Gold and is critical for investors considering the future revenue and growth potential of the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100