TANZANIA - Toronto's BARRICK GOLD announced the beginning of commercial production at the Tulawaka gold mine on-time and with no lost-time accidents during construction. It is owned 70% by Barrick and 30% by NORTHERN MINING EXPLORATIONS of Montreal. During the remainder of this year, the mine is expected to produce over 100,000 oz of gold from 347,000 tonnes of ore grading 10.31 g/t Au.
Tulawaka is the first of four new gold mines Barrick will start during this year and next. "Any time a new mine pours its first gold, it is very exciting," said Peter Kinver, Barrick's executive VP and COO. "I will have the privilege of witnessing four gold pours over the next year as our new suite of mines comes into production."
Northern Mining has posted relevant statistics for Tulawaka on its website at www.xnord.com.