Lagunas Norte
Lagunas Norte is located on the Alto Chicama property in north-central Peru, 140 kilometres east of the coastal city of Trujillo, and 175 kilometres north of Barrick’s Pierina mine. The property lies on the western flank of the Peruvian Andes and is at an elevation of 4,000 to 4,260 metres above sea level. The Lagunas Norte mine is an open-pit, crush, valley-fill heap leach operation.
Lagunas Norte is Barrick’s lowest cost operation and in 2010, the mine produced 808,000 ounces of gold at total cash costs of $182 per ounce1. Proven and probable gold reserves as of December 31, 2010 was 6.6 million ounces2.
Read more about Lagunas Norte in Barrick's responsible mining magazine Beyond Borders.
- Click here for more information regarding the calculation of total cash costs.
- Click here for more information regarding reserve and resource measurements.