Projects
Cerro Casale JV
Cerro Casale, one of the world's largest undeveloped gold and copper deposits, is located in the Maricunga district of Region III in Chile, 145 km southeast of Copiapo and is a 50/50 joint venture between Barrick and Kinross Gold Corporation. Barrick’s share of gold reserves and contained copper within gold reserves as of December 31, 2008 (51% basis) were 10.8 million ounces and 2.7 billion pounds respectively1.
A draft feasibility study was completed in the third quarter of 2009 and is currently under review. Barrick and Kinross continue to study various options to further optimize the project and expect to report results with fourth quarter disclosure in February 2010.
1 Click here for more information regarding reserve and resource measurements.