Pueblo Viejo Mine
Kalglas International Inc.
Electrical Supplies and Mechanical Products for Industrial & Commercial Applications
The Pueblo Viejo gold mine is in the north-central region of the Dominican Republic in the Sánchez Ramírez Province. It is the largest gold mine in the Americas and third largest in the world.
The mine, run by the Pueblo Viejo Dominicana Corporation, is 40% owned by Newmont Goldcorp, and 60% owned by Barrick Gold, the first and second largest producer of Gold in the world.
THE EXPANSION
The expansion of the Pueblo Viejo gold mine will extend its life as well as its significant contribution to the Dominican Republic’s economy until 2040 and beyond.
Barrick seeks to spend $1.3bn on the proposed expansion of the processing plant and tailings facility at Pueblo Viejo.
The proposed expansion would increase export potential by an estimated $22bn and generate an extra $4bn in taxes at a gold price of $1,500 per ounce.
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?KALGLAS INVOLVEMENT
The modern mining industry has enormous electrical challenges. Electrical materials and equipment must be able to manage power, handle higher voltages, move data and communication faster at every stage of the process in corrosive environments and harsh conditions. As a certified vendor of Pueblo Viejo mine operated by Barrick Gold, Kalglas helps our customers maintain operations at standards levels, manage costs, mitigate risk, and protect people & equipment in mining operations. Our large portfolio of innovative and reliable products for mining applications include solutions for conveyors, equipment, connection, processing areas, maintenance, and bulk material handling.
SOURCE
https://www.barrick.com/English/news/default.aspx
Author: linkedin.com/in/andreina-iriarte