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Successful Exploration Continues to Extend Tongon s Life of Mine

Successful Exploration Continues to Extend Tongon s Life of Mine
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Barrick Gold Corporation Extends Tongon Gold Mine Through Successful Exploration Campaigns

Barrick Gold Corporation announced that Originally scheduled for closure in 2020, the life of Barrick s Tongon gold mine continues to be extended through successful exploration campaigns..

Successful Exploration Continues to Extend Tongon s Life of Mine

Successful Exploration Continues to Extend Tongon s Life of Mine
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S&P/ASX 200 breaks above 6,800 for the first time since late February 2020

S&P/ASX 200 breaks above 6,800 for the first time since late February 2020 Brent crude oil price gained 40 cents to US$56.30 a barrel on expectations that U.S. President Joe Biden’s administration will deliver a massive stimulus spending that will lift fuel demand. Australia’s unemployment rate came in at 6.6% in December. S&P/ASX 200 (INDEXASX:XJO) is rising for a third consecutive day with the index 0.68% higher at 6,816 points by 1.51 pm and breaking above the 6,800 point mark for the first time since late February 2020. This followed a positive lead from Wall Street where the S&P 500 and the Nasdaq hit all-time highs on Wednesday after the inauguration of Joe Biden as 46th President of the United States.

Mako Gold Ltd increases Côte d lvoire footprint on grant of Ouangolodougou Permit near Barrick s Tongon mine

Mako Gold increases Côte d’lvoire footprint on grant of Ouangolodougou Permit near Barrick’s Tongon mine Ouangolodougou, along with the Korhogo Nord permit now constitute the Korhogo Project, which collectively cover 296 square kilometres over 17 kilometres of faulted greenstone granite contact.  The Ouangolodougou permit is valid for four years from the date of granting Mako Gold Ltd (ASX:MKG) has increased its footprint in Côte d’lvoire after a decree from the country’s Ministry of Mines granting the Ouangolodougou Permit, which covers 111 square kilometres of prospective tenure within 15 kilometres of Barrick Gold Corp’s (NYSE:GOLD) (TSE:ABX) (FRA:ABR) 4.9-million-ounce Tongon Gold Mine. 

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