By BUUMBA CHIMBULUBARRICK Gold Chief Executive, Mark Bristow, says the clean energy transition is creating an unprecedented demand for metals and minerals.According to Mr Bristow, the market’s demand for instant gratification while this was happening was driving Mergers and Acquisitions, which he believed was not always conducive to investment in sustainable projects but rather the delivery of short-term returns.“These growth projects are vital, not only for the resources needed for cleaner energy but for the development of emerging economies,” he said on Tuesday at the Gold Forum Americas conference.He also projected a 30 percent increase in production by 2030 on the back of the growth options embedded in the firm’s asset portfolio.He also pointed out that Barrick owned and operates six of the world’s Tier 1 gold mines, and was poised to expand this “best-in-class” asset portfolio through continued reserve replacement and the potential for new world-class discoveries being pursued across many of the world’s […]
Clean energy transition pushing up demand for metals, minerals, says mining chief
