In the first months of 2013 Lagunas Norte was one of the most shinning gold mines. It produced 276,000 ounces of gold at all in satisfying costs of $604 per ounce and adjusted operating costs of $351 per ounce. Confirmed and credible gold reserves as at December 31, 2012, were 5.8 million ounces.
In north central Peru, Lagunas Norte, located in Alto Chicama property, at an elevation of 4,000 to 4,260 meters above sea level and owned by Barrick Gold Corporation.
The Lagunas mine was one of the superior Greenfield discoveries in its time. It was capable of producing more than one million ounces in a year, and were one of Barrick’s lowest cost operations.
The mine is an open pit, crush, valley fill pile filter operation.
The stockpile in Lagunas Norte gold mine used to provide a storage area for sulphide material, currently not used and both carbon/carbonaceous.
The Mining equipment includes hole drills, hydraulic tools, a front-end loader and pull trucks.
(Reuters) said that Peruvian villagers have ended a Protest that blocked the road leading to Barick Gold Corp’s Lagunas Norte mine for six days.
The end of the protest came as the company and the local leaders agreed to participate and finding a solution for demands over jobs, wages and water supplies in the Lagunas Norte gold mine.