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South America - 


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 2009, the mine produced 1.0 million ounces of gold at total cash costs of $138 per ounce1. Proven and probable gold reserves as of December 31, 2009 are estimated at 7.5 million ounces2.

» Site Responsibility Report — Fall 2009: English, Spanish (PDF)

1 Click here for more information regarding the calculation of total cash costs.
Click here for more information regarding reserve and resource measurements.