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Barrick Mining's $2 Billion Lumwana Super Pit Expansion on Track
Barnes Barnes (US:B) ZACKS·2025-07-11 13:06

Key Takeaways Barrick is expanding Lumwana to 240,000 tons/year of copper with a new 50M ton plant. The mine has already delivered $4B in economic impact, mostly through local procurement. A REDD program tied to Lumwana will conserve 300,000 hectares and generate carbon credits.Barrick Mining Corporation’s (B) $2 billion Super Pit Expansion Project at its Lumwana mine is progressing steadily, fast-tracking its shift into a Tier One copper mine.Barrick stated that the Lumwana expansion is the result of a s ...