Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: russet who wrote (3184)	10/3/2002 11:38:12 AM
From: russet	of 3558

Globe says Barrick moving forward with Veladero project Barrick Gold Corp ABX Shares issued 537,813,627 Oct 2 close $24.63 Thu 3 Oct 2002 In the News The Globe and Mail reports in its Thursday, Oct. 3, edition that Barrick Gold has completed the feasibility study on the $425-million (U.S.) Veladero gold project in Argentina and is ready to proceed with the mine. The Globe's Briefing column reports that the company expects to spend about $23-million (U.S.) on infrastructure this year and next, with final work to be completed by early 2006 when the mine is scheduled to start up. Barrick expects to produce 530,000 ounces of gold a year at Veladero at a cash cost of about $155 (U.S.) an ounce. (c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com

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