RE: Barrick on the hunt for new mines9 May 2023 14:21
Not every comment is black and white though... Dugbe has been progressed to DFS, the solution from where it is currently, to full production within 18 months is a turn key solution using their existing 3rd party relationships in the region.
Also Dugbe being so close to an intercontinental port is not something that comes with the usual "explorers with potential"
However, I do partly agree, I think HUM with the help of Coris will be developing dugbe before any serious bid from a big player comes. So imo, a Barrick bid is at least 4 years away from where we are currently. But then they'll be paying 2-3 billion rather than 1 and 500 capex