Posted: 18.04.2024 14:00:00

Canadian company mined 9+ tonnes of gold in Africa in Q1 2024

Canada-based Barrick Gold – the world’s second-largest gold miner – produced 9.6 tonnes of precious metal in African countries in Q1 2024, TASS reports

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According to Ecofin, the company extracts gold in five mines in Africa, with the largest Loulo-Gounkoto mine complex being located in Mali, where Barrick Gold mined 3.9 tonnes of gold during the first three months of this year.

The Canadian company also successfully mined 2.1 tonnes of gold from Kibali – Africa’s largest mine complex, located in the Democratic Republic of the Congo.

1.3 tonnes and 1.19 tonnes were mined in Q1 2024 from two mines in Tanzania: North Mara and Bulyanhulu. A tonne of gold was also discovered at the Tongon mine complex in Ivory Coast.

Barrick Gold – which is also active in metal mining in the Americas – is forecast to produce 40 tonnes of gold in Africa this year.