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Cortez

Nevada, United States · Open Pit

Operating
GoldSilver
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold-806504 oz
2023Silver-64287 oz
Capex (est.)
USD 1.00B
Workforce
The total workforce for the Pipeline Mine and Cortez Hills open pit in 2023 was 945 (735 company employees and 210 contract employees). The workforce for the Cortez Hills Underground Mine in 2024 was 463 (337 company employees and 126 contract employees).
Overview
The Cortez Complex consists of the Pipeline, Crossroads, and Cortez Hills open pits, as well as the Cortez Hills underground mine. In 2023, Cortez achieved its highest annual production in four years. The complex is considered to have a production growth profile that extends well beyond 10 years. Production at Cortez is forecast to be lower in 2024 compared to 2023.
Production
Production overview - 2023: gold 806504 oz, silver 64287 oz.
Processing
Ore is processed through an oxide mill and heap leach pads. As part of the integrated Nevada Gold Mines complex, refractory ore is shipped to Barrick's Goldstrike operation for processing.
Equipment
Komatsu 930E-5 haul trucks
Expansion
The Goldrush underground mine, part of the Cortez Complex, received its Record of Decision from the US Bureau of Land Management in December 2023, allowing for the immediate start of work on surface infrastructure. The total capital expenditure for the project is anticipated to be approximately $1 billion on a 100% basis. The mine is expected to ramp up production, forecasting approximately 130,000 ounces of gold in 2024 and growing to around 400,000 ounces per year by 2028 (100% basis). The Goldrush project is anticipated to create approximately 500 jobs during construction and 570 new jobs during operations.
Companies & ownership
  • Newmont Corporation
    NYSE:NEM
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
Loulo-Gounkoto

Kayes Region, Mali · Open Pit

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold-547000 oz
2022Gold-684000 oz
2021Gold-560000 oz
2020Gold-680215 oz
Opened
2005-01-01
End year
2037
Workforce
5,956 (2,472 employees and 3,484 contractors) in 2022
Overview
The Loulo-Gounkoto complex is owned by Barrick Gold Corporation (80%) and the State of Mali (20%). The Loulo gold mine is owned by Société des Mines de Loulo SA (Loulo) and the Gounkoto gold mine is owned by Société des Mines de Gounkoto (Gounkoto), with both entities having the same 80/20 ownership structure.
Production
Production overview - 2023: gold 547000 oz; 2022: gold 684000 oz.
Processing
The Loulo processing plant utilises a carbon-in-leach (CIL) gold extraction method and has a capacity of 5.0 million tonnes per annum (mtpa). There are plans to increase the annual capacity to 6.2mtpa starting from 2029. The processing circuit includes a primary gyratory crusher, secondary and tertiary hydrocone crushers, and a ball mill.
Equipment
The open-pit mining fleet includes Liebherr 9350 and 9250 excavators, Caterpillar 777D and HD785 dump trucks, and Caterpillar 992-wheel loaders. The underground operations are equipped with development and production drills, trucks, and load-haul-dumps (LHDs) with remote and automated capabilities.
Expansion
A third underground mine at Gounkoto was commissioned, with ore production from stoping expected to begin in the second quarter of 2023. A technical report was published in March 2023, which included an updated life of mine plan to 2037. In recent developments, there has been a dispute between Barrick Gold and the Malian government, which led to a temporary suspension of operations in January 2025. However, an agreement was reached to resolve the disputes. As of early 2026, a gradual restart of the mine was planned, with a projected production of 260,000 to 290,000 ounces of gold for the year.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • State of Mali
Kibali

Haut-Uele Province, Democratic Republic of Congo · Open Pit

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Gold-303000 oz
2024Gold2.8 g/t686000 oz
2023Gold2.89 g/t343000 oz
2022Gold2.98 g/t337000 oz
2021Gold3.25 g/t365000 oz
2019Gold3.8 g/t814000 oz
2015Gold3.5 g/t642720 oz
Mine life
10 years
Workforce
3,173 (end of 2025, including contractors); 2,988 (2024, including 950 permanent employees and 2,038 contractors); 2,883 (2023, including 1,014 permanent staff and 1,869 contractors)
Overview
The Kibali mine is owned by Kibali Goldmines SA, a joint venture between Barrick Gold Corporation (45%), AngloGold Ashanti (45%), and Société Minière de Kilo-Moto (SOKIMO) (10%). It is operated by Barrick Gold. The operation combines open-pit mining from several satellite pits with a significant underground mine.
Production
Production overview - 2025: gold 303000 oz; 2024: gold 686000 oz.
Processing
processing plant with a throughput capacity of approximately 7.2 million tonnes per annum, twin-circuit system to handle both oxide and sulphide ores, utilising conventional carbon-in-leach (CIL) technology and a gravity recovery circuit
Equipment
processing plant, twin-circuit system, carbon-in-leach (CIL) technology, gravity recovery circuit
Expansion
Ongoing exploration in ARK-KCD corridor for additional orebodies; solar plant with battery energy storage system completed by mid-2025.
Power sources
HydroelectricSolarBattery Storage
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • AngloGold Ashanti
  • Société Miniére de Kilo-Moto (SOKIMO)
Kinskuch

British Columbia, Canada · Underground

Under Development
SilverGoldCopperLeadZinc
Overview
The Kinskuch property is located in the Golden Triangle of north-western British Columbia and is contiguous with Dolly Varden's Kitsault Valley Project. The property is considered to be underexplored but prospective for silver, gold and copper mineralisation. The project is situated on the traditional lands of the Nisga'a and Gitanyow peoples and holds a five-year exploration permit. There is no current mining operation, and the project is in an exploration phase.
Companies & ownership
  • Dolly Varden Silver Corporation
  • Hecla Mining Company
    NYSE:HL
Aurora

Nevada, United States · Underground

Care And Maintenance
GoldSilver
Workforce
zero in 2021
Overview
The Aurora mine in Mineral County, Nevada, is owned and operated by Hecla Mining Company. The mine's current status is care and maintenance. A significant development is the approval of the Polaris Exploration Project, a major exploration program scheduled to commence in 2026, involving drilling at multiple epithermal vein systems including Martinez, Juniata, Ann, Brawley Peak, Sawtooth Ridge, and Polaris. The district has a history of high-grade gold and silver production.
Processing
Existing infrastructure at the site includes a 600-ton-per-day mill.
Expansion
Polaris Exploration Project, a major exploration program scheduled to commence in 2026. The program will test near-surface targets, including Martinez, Juniata, and Ann, as well as deeper systems at Brawley Peak, Sawtooth Ridge, and Polaris.
Companies & ownership
  • Hecla Mining Company
    NYSE:HL
North Mara Gold Mine

Mara Region, Tanzania · Open Pit

Operating
Gold
Opened
2002-01-01
End year
2038
Mine life
36 years
Workforce
6,185 (96% Tanzanian nationals, 53% from surrounding communities)
Overview
The North Mara Gold Mine is a significant gold-producing operation located in the Tarime District of the Mara Region in Tanzania. It commenced commercial production in 2002 and consists of a combination of open pit and underground operations, with primary deposits being Gokona (underground) and Nyabirama (open pit).
Production
Processing plant capacity: 8,000 tonnes of ore per day.
Processing
The processing plant has a capacity to process an average of 8,000 tonnes of ore per day and utilises a conventional carbon-in-leach (CIL) technology. A new crushing plant was planned for commissioning in Q4 2023.
Equipment
Underground mining fleet: Sandvik TH540, TH551i, and TH663i trucks; Caterpillar R2900G LHDs; Sandvik production and development drills. Open pit operations: ten new Cat 777 trucks commissioned in Q4 2022.
Expansion
Restart of mining at the Gena pit. Investment of over $65 million in a water treatment plant (capacity increased from 2.5 ML/day to 40 ML/day). Gokona Boxcut Project, including development of a new surface decline at the Gokona deposit (expected completion Q1 2025), with Gokona cutback to commence in Q2 2025.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Government of Tanzania
Reko Diq

Balochistan, Pakistan · Open Pit

Under Development
CopperGold
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
Fourmile

Nevada, United States · Underground

Under Development
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Gold16.9 g/t13000000 oz
2024Gold14.1 g/t6400000 oz
Production
Production overview - 2025: gold 13000000 oz; 2024: gold 6400000 oz.
Processing
Metallurgical testing indicates the ore requires a single-stage roast, which is a lower-cost processing method compared to the nearby Goldrush deposit.
Expansion
The Fourmile project is located adjacent to the Goldrush project, which is part of the Cortez complex. A preliminary economic assessment (PEA) points to the potential for Fourmile to become a Tier One asset, with projected annual production between 600,000 and 750,000 ounces of gold. Barrick is advancing permitting and plans to begin construction of an exploration decline in 2026. A prefeasibility study is expected to be completed in late 2028, followed by an independent feasibility study in 2029. Barrick intends to include the Fourmile deposit in a planned initial public offering of its North American assets.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Teck Resources
Pueblo Viejo mine

Sánchez Ramírez Province, Dominican Republic · Open Pit

Operating
GoldSilver
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold2.39 g/t335000 oz
2022Gold2.68 g/t428000 oz
2018Gold-581000 oz
1975Gold4.23 g/t-
1975Silver21.6 g/t-
Opened
2012-01-01
End year
2040
Capex (est.)
USD 2.10B
Workforce
approximately 2,350 employees and 2,500 contractors
Overview
The Pueblo Viejo mine is located in the Sánchez Ramírez Province of the Dominican Republic, approximately 100 kilometres northwest of the capital city, Santo Domingo. It is an open-pit mine that produces gold and silver. The operation is a joint venture, with Barrick Gold Corporation holding a 60% ownership interest and Newmont Corporation holding the remaining 40%.
Production
Production overview - 2018: gold 581000 oz.
Processing
crushing and grinding, followed by pressure oxidation (POX) in four autoclaves, gold extraction using a cyanide carbon-in-leach circuit. Processing plant has a design capacity of 24,000 tonnes per day.
Equipment
gearless mill drives (GMD), 230 MW dual-fuel power plant, 4,000 t/d oxygen plant
Expansion
A significant expansion project is underway to extend the mine's life to beyond 2040. This expansion includes increasing the process plant's capacity and constructing a new tailings storage facility (TSF). The expansion is designed to sustain annual gold production at over 800,000 ounces.
Power sources
Natural GasHeavy Fuel Oil
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Newmont Corporation
    NYSE:NEM
Porgera

Enga Province, Papua New Guinea · Open Pit

Operating
GoldSilver
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Gold-279000 oz
2009Gold-572595 oz
2009Silver-94764 oz
2005Gold-865000 oz
2004Gold-1000000 oz
Opened
1990-10-20
Mine life
20 years
Workforce
approximately 3,200 people by the end of 2024
Production
Production overview - 2025: gold 279000 oz; 2009: gold 572595 oz, silver 94764 oz.
Processing
The processing plant includes a crushing and grinding circuit, gravity recovery, flotation, pressure oxidation, and carbon-in-pulp (CIP) and carbon-in-leach (CIL) circuits for gold recovery.
Equipment
The open pit operation has historically used a fleet of O&K shovels and Caterpillar 777 and 789 trucks. The underground mine has utilised Elphinstone LHDs and trucks. A recent fleet replacement includes four Sandvik DR410i rotary blasthole drill rigs and three Leopard DI650i down-the-hole drill rigs for the surface operations.
Expansion
Following the signing of a new agreement, New Porgera Limited was granted a Special Mining Lease. The new structure ensures that PNG stakeholders receive 53% of the overall economic benefits. The company is working towards reaching full production capacity.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Zijin Mining Group
North Mara

Mara Region, Tanzania · Open Pit

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold-253000 oz
Opened
2002-01-01
End year
2038
Mine life
36 years
Workforce
The mine employs 2,923 people, with 96% being Tanzanian nationals and 46% from the local communities.
Production
Production overview - 2023: gold 253000 oz.
Processing
The process plant has a capacity to process an average of 8,000 tonnes of ore per day. The mine utilises conventional carbon-in-leach (CIL) technology to process both oxide and sulphide reserves.
Equipment
The underground mining fleet includes Sandvik TH540, TH551i, and TH663i trucks, and Caterpillar 2900G LHDs, along with Sandvik production and development drills. The open pit operation uses Cat 777 trucks.
Expansion
The restart of mining at the Gena Pit was in the second half of 2023. As of the end of 2024, development of a new surface decline at the Gokona deposit (Gokona Boxcut Project) had commenced, with the paste plant and filtration plant commissioning in the final stages. The Gokona cutback is expected to commence in the second quarter of 2025.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Government of Tanzania
Turquoise Ridge Complex

Nevada, United States · Underground

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold4.34 g/t513821.1382926829 oz
2022Gold-500000 oz
End year
2047
Overview
The Turquoise Ridge Complex is operated by Nevada Gold Mines, a joint venture between Barrick Gold and Newmont Corporation that was formed on 1 July 2019. The complex includes the Turquoise Ridge underground mine and the former Twin Creeks mine, which has surface and underground operations.
Production
Production overview - 2023: gold 513821.1382926829 oz; 2022: gold 500000 oz.
Processing
Processing of oxide and refractory ores is done at the Juniper oxide mill and the Sage autoclave.
Expansion
The Turquoise Ridge Complex is operated by Nevada Gold Mines, a joint venture between Barrick Gold and Newmont Corporation that was formed on 1 July 2019. The complex includes the Turquoise Ridge underground mine and the former Twin Creeks mine, which has surface and underground operations. A third shaft was recently constructed. Production at the Turquoise Ridge Surface operations resumed in December 2024, with mining from the open pits expected to continue until 2032.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Newmont Corporation
    NYSE:NEM
Goldrush

Nevada, United States · Underground

Under Development
Gold
Opened
2024-04-25
End year
2048
Mine life
24 years
Capex (est.)
USD 1.00B
Workforce
Approximately 500 jobs during construction and 570 jobs once operational.
Overview
The Goldrush underground mine, part of the Cortez Complex, opened on 25 April 2024 and is ramping up production, targeting commercial production by 2026. Forecast production is 130,000 oz gold in 2024, rising to 400,000 oz/year by 2028.
Production
Forecast to produce 130,000 ounces of gold in 2024, with production expected to increase to approximately 400,000 ounces per year by 2028.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Newmont Corporation
    NYSE:NEM
Cortez Complex

Nevada, United States · Open Pit

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold-892000 oz
2022Gold-730913 oz
Mine life
20 years
Capex (est.)
USD 1.00B
Workforce
As of 31 December 2024, the Cortez Gold Mine employs approximately 1,700 workers and an average of 300 contractors.
Production
Production overview - 2023: gold 892000 oz; 2022: gold 730913 oz.
Processing
Ore from the Cortez Complex is processed at an oxide mill and on heap leach pads. Refractory ore is transported to Barrick's Goldstrike operation for processing. The processing facilities include the Pipeline mill (an oxide mill), and heap leach areas.
Equipment
The open pit operations utilise a fleet of 400-short-ton Liebherr T 282 B haul trucks.
Expansion
The Cortez Complex is undergoing significant expansion, primarily through the Goldrush project, which is expected to extend the mine's life for the long term. The Record of Decision for the Goldrush project was received in December 2023, allowing for the commencement of surface infrastructure work. The project is forecast to produce approximately 130,000 ounces of gold in 2024, with commercial production anticipated in 2026. Production is expected to ramp up to approximately 400,000 ounces per year by 2028. The Goldrush project is anticipated to create 500 jobs during construction and 570 jobs during operations. The total anticipated capital expenditure for the Goldrush project is approximately $1 billion. The Robertson deposit is another key project that contributes to the Cortez reserve base and has potential for further growth. A Record of Decision was received in 2024, with ground clearing for mining preparation underway. The Fourmile Project, a high-grade undeveloped gold deposit, is 100% owned by Barrick and is located near the Goldrush project. The permits for Goldrush provide access to the Fourmile orebody.
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Newmont Corporation
    NYSE:NEM
Loulo-Gounkoto

Kayes Region, Mali · Open Pit

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Gold-36250 oz
2024Gold-723000 oz
2023Gold3.99 g/t-
2022Gold4.59 g/t684000 oz
2020Gold-680215 oz
End year
2037
Overview
The Loulo-Gounkoto complex is located in western Mali and consists of two distinct mining permits, Loulo and Gounkoto. It is a joint venture between Barrick Gold Corporation (80%) and the State of Mali (20%). The complex features both open-pit and underground mining operations. Open-pit mining uses conventional drill, blast, load, and haul methods, while the underground mines employ long-hole stoping with paste fill.
Production
Production overview - 2025: gold 36250 oz; 2024: gold 723000 oz.
Processing
Ore from both the Loulo and Gounkoto operations is processed at the Loulo plant, which uses a carbon in leach (CIL) circuit. The plant has a throughput capacity of approximately 4.8 to 5.1 million tonnes per annum.
Equipment
Open-pit mining uses conventional drill, blast, load, and haul methods, while the underground mines employ long-hole stoping with paste fill.
Expansion
There are plans to expand the plant's capacity to 6.2 Mtpa, with completion scheduled before 2029.
Power sources
DieselSolar
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • State of Mali
Bulyanhulu

Shinyanga Region, Tanzania · Underground

Operating
GoldSilverCopper
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
Rackla

Yukon, Canada · Underground

Feasibility
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Gold-1164000 oz
Overview
The Rackla property is an advanced-stage exploration project located in the Yukon, Canada. Acquired by Hecla Mining Company in July 2023, the property is a large land package of over 700 square miles with identified gold, silver, and base metal mineralisation. Hecla is conducting a desktop review of the project in 2025 and plans a comprehensive exploration program for 2026.
Production
Production overview - 2025: gold 1164000 oz.
Companies & ownership
  • Hecla Mining Company
    NYSE:HL
Casa Berardi

Quebec, Canada · Underground

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Gold-91160 oz
Opened
1988-01-01
Mine life
14 years
Overview
The mine has been transitioning to a surface-only operation. Since operations began in 1988, the mine has produced over 3.2 million ounces of gold. Production from the last five years has averaged approximately 105,000 ounces per year.
Production
Production overview - 2025: gold 91160 oz.
Processing
Metallurgical recovery for gold was 85%.
Expansion
Orezone plans to invest in exploration and development to extend the mine life. A multi-year exploration drilling program of 80,000 to 100,000 metres per year is planned to target high-grade extensions and delineate near-mine mineralisation.
Companies & ownership
  • Hecla Mining Company
    NYSE:HL
  • Orezone Gold Corporation
    ASX:ORE · TSX:ORE · OTC:ORZCF
Monte Cristo

Nevada, United States · Open Pit

Under Development
GoldSilver
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Gold0.094 oz/t-
2024Gold0.1 oz/t-
2021Gold0.06 oz/t-
Processing
Metallurgical recovery for inferred resources is reported at 85% for gold and 85% for silver as of February 2026. Earlier reports from 2021, 2024 and early 2025 noted a metallurgical recovery of 90% for both gold and silver.
Companies & ownership
  • Hecla Mining Company
    NYSE:HL
Midas

Nevada, United States · Underground

Care And Maintenance
GoldSilver
Commodities, grades and output
YearCommodityAv. GradeOutput
2018Gold-422 kg
2017Gold0.33 oz/t51785.91 oz
Opened
1998-01-01
End year
2019
Workforce
The workforce in 2023 consisted of 8 employees, with another source stating 137 workers.
Overview
The Midas mine is a high-grade, underground gold and silver mine located in Elko County, Nevada, fully owned and operated by Hecla Mining Company through its subsidiary, Klondex Midas Operations Inc. The project is situated on a land package of approximately 30,000 acres and is recognised as the largest known gold-silver epithermal deposit along the Northern Nevada Rift.
Production
Historically, the mine has produced 2.2 million ounces of gold and 27 million ounces of silver. Production in 2018 was 422 kg of gold, and in 2017 it was 51,785.91 oz of gold. A 2020-2021 Sinter discovery reported an inferred resource of 169,000 ounces of gold and 1.7 million ounces of silver.
Processing
The site is equipped with a fully permitted Merrill-Crowe processing facility, which includes a conventional mill with a capacity of 1,200 tonnes per day. The processing circuit involves crushing, grinding, gravity separation, cyanide leaching, and a Merrill-Crowe recovery circuit to produce doré bullion. The mill has also been used to process ore from other Hecla mines in the region. The infrastructure includes a crushing plant, a refinery, a cyanide destruction circuit, and two tailings impoundments. Mining methods previously employed include cut and fill, longhole stoping, and drift and fill.
Equipment
Underground equipment includes Tamrock and Caterpillar loaders, Caterpillar haul trucks, and Sandvik and Atlas Copco jumbo drills.
Expansion
Hecla Mining is actively engaged in significant exploration activities to de-risk a potential restart of operations. The company nearly doubled its exploration and pre-development budget for its Nevada projects to $55 million for 2026, following a $25.2 million investment in exploration and $2.5 million in pre-development in 2025. A 2025 drilling program confirmed mineralised structures in five of six targets, leading to high-grade gold discoveries at the previously untested Pogo Trend and the Sinter Vein Extension. Follow-up drilling in 2026 yielded another high-grade intercept of 0.46 oz/ton gold and 0.9 oz/ton silver over 6.1 feet. The company is evaluating the existing infrastructure for refurbishment, which would allow for a restart with a significantly lower capital intensity.
Water sources
Groundwater
Companies & ownership
  • Hecla Mining Company
    NYSE:HL
Fire Creek

Nevada, United States · Underground

Care And Maintenance
GoldSilver
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold-683 oz
2017Gold-107143 oz
2017Silver-72283 oz
Workforce
2 (as of 2024)
Overview
The Fire Creek Mine, located in Lander County, Nevada, is operated by Hecla Mining Company. It has been on care and maintenance since the second quarter of 2021, after processing the remaining non-refractory ore stockpile. As part of Hecla's Nevada portfolio, the Fire Creek property is undergoing a reassessment in 2025 to re-rank its priority within the company's assets. Hecla continues to evaluate the potential for a restart based on exploration success and future development. The mine has historical production from both high-grade epithermal veins and structurally controlled refractory sulfide mineralisation.
Production
Production overview - 2023: gold 683 oz.
Processing
Primary mining methods include longhole stoping, cut and fill, back stoping, and drift and fill. Ore was processed at the Midas mill, which utilised grinding, gravity concentration, cyanidation, Carbon-in-Leach (CIL), and Merrill-Crowe precipitation.
Companies & ownership
  • Hecla Mining Company
    NYSE:HL
Casa Berardi

Quebec, Canada · Open Pit

Operating
GoldSilver
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Gold-86648 oz
2024Silver-24231 oz
Opened
1988-01-01
Overview
The Casa Berardi mine, located in Quebec, Canada, has produced over 3.2 million ounces of gold since its opening in 1988. Formerly operated by Hecla Mining Company, it was acquired by Orezone Gold Corporation on March 25, 2026. Hecla had initiated a transition to a surface-only mining operation.
Production
Production overview - 2024: gold 86648 oz, silver 24231 oz.
Companies & ownership
  • Hecla Mining Company
    NYSE:HL
  • Orezone Gold Corporation
    ASX:ORE · TSX:ORE · OTC:ORZCF
Reko Diq

Balochistan, Pakistan · Open Pit

Under Development
CopperGold
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Copper0.48 %7.3 Mt
2024Gold0.28 g/t13 Moz
End year
2068
Mine life
40 years
Capex (est.)
USD 6.60B
Workforce
7,500 (peak construction), 4,000 (operational), ~1,000 (May 2025)
Overview
Reko Diq is one of the world's largest undeveloped copper-gold deposits. The project's Environmental and Social Impact Assessment (ESIA) has been approved by government authorities.
Production
Production overview - 2024: copper 7.3 Mt, gold 13 Moz.
Processing
The project is designed as a conventional truck and shovel open-pit mine with processing facilities to produce a high-quality copper-gold concentrate via a crush, mill, and flotation circuit. Development is planned in two phases, with a combined processing capacity of 90 million tonnes per annum. Phase 1 is designed for a throughput of approximately 40-45 million tonnes per annum, with Phase 2 expected to double this capacity.
Equipment
conventional truck and shovel open-pit mine
Expansion
Development is planned in two phases, with a combined processing capacity of 90 million tonnes per annum. Phase 1 is designed for a throughput of approximately 40-45 million tonnes per annum, with Phase 2 expected to double this capacity. A potential Phase 2 expansion could increase copper production to 400,000 tonnes per year. The reconstitution of the project was completed in December 2022. In March 2026, Barrick announced it was slowing development activity and extending the project's review period by 12 months from July 2026, citing security concerns in the region. This decision is expected to affect previously stated budgets and timelines.
Companies & ownership
  • Government of Balochistan
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Government Holdings (Private) Limited (GHPL)
  • Pakistan Petroleum Limited (PPL)
  • Oil and Gas Development Company Limited (OGDCL)
North Mara

Mara Region, Tanzania · Open Pit

Operating
Gold
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Gold-301190.47619 oz
2022Gold-310000 oz
Opened
2002-01-01
End year
2038
Workforce
2,923
Overview
The North Mara gold mine is situated in the Tarime district of the Mara region in north-west Tanzania. It is approximately 100 kilometres east of Lake Victoria and 20 kilometres south of the Kenyan border. The process plant at North Mara has the capacity to process an average of 8,000 tonnes of ore per day. The operation consists of the Gokona underground mine and the Nyabirama open pit.
Production
Production overview - 2023: gold 301190.47619 oz; 2022: gold 310000 oz.
Processing
The process plant at North Mara has the capacity to process an average of 8,000 tonnes of ore per day.
Equipment
Underground Mining: The fleet includes Sandvik TH540, TH551i, and TH663i trucks, as well as Caterpillar R2900G LHDs and Sandvik production and development drills. Open Pit Mining: Ten new Cat 777 trucks were commissioned in the fourth quarter of 2022.
Expansion
Recent developments at the North Mara mine include a transition to owner-mining in the open pit operations, which is expected to increase production and reduce costs. There are also ongoing technological advancements in the underground mine to enhance productivity. Barrick is also focusing on expanding its operations in East Africa, with North Mara and Bulyanhulu forming a key part of this strategy. The company is exploring the potential for an additional underground operation at North Mara and optimising the open pit mine plan to extend the mine's life. A feasibility study for a solar power plant at the mine has been completed, and a 5.2MW battery energy storage system was commissioned in June 2025. There are also plans to increase the thermal power generation capacity to 35.1MW.
Power sources
SolarBattery Storage
Companies & ownership
  • Barrick Gold Corporation
    TSX:ABX · NYSE:B
  • Government of Tanzania
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