Barrick Gold Corporation plans to drill for gold and copper in Jamaica in collaboration with Geophysx Jamaica. The partnership is focused on exploring the island’s mineral wealth and shares geological similarities with other successful mining regions. This exploration initiative underscores Barrick’s strategy of growth and venture into new territories.
Barrick Gold Corporation, recognized as the second-largest gold and copper miner globally, has announced intentions to commence drilling operations aimed at finding gold and copper in Jamaica later this year. The company has partnered with Geophysx Jamaica, a local firm, to explore the island for possible mineral deposits, with the collaboration established in 2024.
In summary, Barrick’s commitment to exploring gold and copper resources in Jamaica represents a significant step forward for the region. Through its partnership with Geophysx Jamaica, the company aims to leverage extensive geological data and data-driven processes to uncover mineral deposits. This exploration holds potential implications for both local economies and the mining sector on the global stage.
Original Source: jamaica.loopnews.com