Barrick

Barrick Gold reports substantially improved cost performance and extended mine life after appointment of Barminco.

• Top 3 world gold miner, typically owner operator
• Kanowna Belle, 100,000t/mth West Australian gold mine at depths to 1200 m below surface
• Development rate achieved of 310m/mth from 3 jumbos (120m/jumbo inclusive of paste development) impacting on mine ore production capacity

• Access development rate required 400m/mth using mesh and bolts

• Barminco commissioned March 2009 to take over all mine development activities
• 400m/mth performance from 2 jumbos attained, inclusive of rehabilitation of stope brows and ore drives
• Mine owner reported substantially reduced unit development costs and increased mine life due to faster and cheaper development