African Barrick could lose 10,000 oz gold in quarter on Buzwagi mill breakdown
African Barrick Gold (ABGL.L) said a malfunction in a mill motor at its Buzwagi mine in Tanzania would hit production in the quarter, sending its shares down as much as 9 percent in early trade on Monday.
It estimated the replacement of the motor, which failed after a power outage and attempted restart, would take two weeks, during which time the plant would run at reduced capacity.
More News
Boliden in talks to buy Votorantim’s controlling stake in Nexa
Nexa is one of the world's leading zinc producers.
July 02, 2026 | 02:50 pm
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments