# Barrick plans $300-325M third shaft at Turquoise Ridge gold mine

Barrick Gold Corporation plans to invest $300-325 million in a third shaft at the Turquoise Ridge gold mine in Nevada. The project includes a ventilation shaft that could begin construction in the second half of 2018.

- Type: Investment
- Announced: 2017-11-22
- Where: Nevada, United States
- Value: $325.0M
- Status: announced
- Capacity: 500,000 oz/year gold
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Barrick Gold](https://endata.com/companies/12881.md)

## Sources

- [im-mining.com](https://im-mining.com/2017/11/22/turquoise-ridge-transitioning-mechanical-cutting-sandvik-roadheader/), 2017-11-22: "The project is expected to require capital expenditures of approximately $300-$325 million (100% basis) for additional underground development and shaft construction."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.