Barrick Gold (ABX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Barrick Gold (ABX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: nickel61 who wrote (2745)	5/16/2002 1:55:49 PM
From: goldsheet	Read Replies (3) of 3558

I have not spent too much time looking into bioleaching. I think improvements in curent heap leaching technology and treating complex ores are efficient enough for most current operations. Still, the day will come whne they will wantto get all the gold and mining under 1gpt will be common. Uzbek was under Russia, whihc is how USGS data was compiled. I am bullish on all former CIS (the stan's as I call them) contributing more gold production in this decade. I think the move back over $300 gold will be enough to keep production near current levels (2600mt ) for the rest of this decade. I fugire there is about 800moz of reserves and another 600moz of resources currently know, which should keep us going. The potential in South America (like Barrick's Veladero PAscua Lama) is still huge: Argentina, Chile said to have big gold potential "Argentina and Chile have the potential to become major regional gold producers and Argentina alone could quadruple gold exports in four years" "Argentina's devaluation of the peso in January -- the currency has since fallen around 70 percent against the dollar -- could help the mining sector enormously." FULL STORY: biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next