Barrick signs MOU with Zambia to boost mining and exploration
Gold and copper mining company Barrick has signed a memorandum of understanding (MOU) with a resources organisation of the government of Zambia, which is aimed at boosting exploration and mining in the well-endowed central African country. The collaboration aligns with Zambia's vision of increasing its copper production to 30-million tons a year in the coming decades, South African-born Barrick CEO Dr Mark Bristow revealed on Wednesday, when the New York- and Toronto-listed Barrick he leads delivered another outstanding set of financial results, notwithstanding the issues it is having to deal with in Mali, where gold sales were down significantly owing to the restrictions placed on exports by the Malian government. (Also watch attached Creamer Media video.)
Gold and copper mining company Barrick has signed a memorandum of understanding (MOU) with a resources organisation of the government of Zambia, which is aimed at boosting exploration and mining in the well-endowed central African country. The collaboration aligns with Zambia's vision of increasing its copper production to 30-million tons a year in the coming decades, South African-born Barrick CEO Dr Mark Bristow revealed on Wednesday, when the New York- and Toronto-listed Barrick he leads delivered another outstanding set of financial results, notwithstanding the issues it is having to deal with in Mali, where gold sales were down significantly owing to the restrictions placed on exports by the Malian government. (Also watch attached Creamer Media video.)
