Best not biggest: Barrick

WITH a mammoth 139 million ounces in gold reserves, the world’s newly-crowned number one gold producer, Barrick Gold, has flagged $US160 million ($A220 million) for exploration this year and expects to bring a further six operations online over the next three years.

Best not biggest: Barrick Best not biggest: Barrick Best not biggest: Barrick Best not biggest: Barrick Best not biggest: Barrick

“The total exploration expenditure in 2006 is expected to be around $US160 million, I cannot give you the breakdown because we haven’t yet finalised or released that number,” Barrick general manager

loader