Tag: Veladero mine

• Thursday, August 1st 2019 - 15:22 UTC

  Barrick Gold to invest 34 million dollars over two years on Argentina's Veladero mine

  

  Canadian mining giant Barrick Gold Corporation, which co-owns the Veladero mine in San Juan together with the Chinese Shandong Gold Group, has announced a plan to invest US $ 34 million over the next two years, to extend the deposit's profitability beyond 2028.

• Tuesday, April 11th 2017 - 05:30 UTC

  Chinese company buys 50% share of the Veladero mine in Argentina

  

  Barrick Gold and Shandong Gold, a Chinese company, have signed a strategic co-operation agreement that includes half the Veladero gold mine in Argentina. Shandong has agreed to purchase 50% of the Veladero mine in Argentina for US$960 million, and a joint venture will be created to operate it.