Barrick Gold (NYSE:GOLD) announced an uptick in proven and probable gold reserves.
The company anticipates 77 million ounces of gold by the close of 2023, compared to 76 million the previous year, factoring in mining depletion.
North American operations contributed 31 million contained ounces to those reserves.
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Barrick holds a 61.5% stake in Nevada Gold Mines (NGM) reserves via a joint venture with Newmont (NYSE:NEM).
Northern Nevada is "far from being a mature gold district,” Barrick Gold CEO Mark Bristow ...