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TWIGA TRANSFORMS TANZANIAN MINING, SETS STANDARD FOR INDUSTRY

Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corporation, has revitalized the country’s gold mining industry through a partnership that should serve as a model for similar operations, particularly in developing regions, Barrick president and chief executive Mark Bristow said today. Briefing media at a mine …

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KIBALI SET TO ROLL OUT NEW 10-YEAR PLAN ON BACK OF PRODUCTION RAMP-UP AND RESERVE REPLACEMENT

Barrick Gold Corporation, Africa’s biggest gold mine, Kibali, stepped up production significantly in the past quarter as part of its planned ramp-up and is well on track to achieve its annual guidance.  At the same time, successful exploration is expected to more than replace reserves depleted by mining again this …

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Darryll Castle joins Rainbow board as nonexec director

Darryll Castle has been appointed nonexecutive director of London-listed Rainbow Rare Earths, which owns the Phalaborwa project, in South Africa, and the Gakara project, in Burundi. His appointment is pursuant to the nomination right held by TechMet, as set out in Rainbow’s recent private placement announcement in May, whereby TechMet …

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