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Published 12 Jul, 2024 11:17am

Barrick gold leverages satellite technology to accelerate exploration at Reko Diq project

Barrick Gold Corporation has deployed cutting-edge space technology to enhance exploration efforts at the highly anticipated Reko Diq project.

The global mining giant has integrated Fleet Space’s satellite-based solutions to gather valuable data and gain deeper insights into the mineral-rich region.

The Reko Diq project, located in the Balochistan province of Pakistan, is widely regarded as one of the world’s largest undeveloped copper and gold deposits.

Barrick Gold, which holds a majority stake in the project, is now leveraging the power of satellite imagery and advanced analytics to streamline its exploration activities and unlock the full potential of this strategic asset.

By harnessing Fleet Space’s advanced space-based technologies, Barrick Gold can now monitor the project site in real-time, gather high-resolution data, and identify promising areas for further exploration.

This approach enables the company to make more informed decisions, optimize resource allocation, and accelerate the overall development of the Reko Diq project.

“Incorporating cutting-edge space technology into our exploration efforts at Reko Diq is a game-changer for us,” said Mark Bristow,

President and CEO of Barrick Gold. “This partnership with Fleet Space allows us to gain unprecedented insights and make more efficient use of our resources, ultimately accelerating the progress of this transformative project for Pakistan.”

The integration of Fleet Space’s solutions is a testament to Barrick Gold’s commitment to embracing innovative technologies and driving sustainable mining practices.

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By leveraging the power of satellite data, the company aims to enhance its exploration capabilities, minimize environmental impact, and contribute to the economic development of the region.

As the Reko Diq project progresses, the collaboration between Barrick Gold and Fleet Space is expected to serve as a model for the mining industry, showcasing the transformative potential of space-based technologies in optimizing exploration and production activities.

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