ZION Development Competitors

Nevada Gold Mines is a joint venture between Barrick Gold Corporation (61.5%) and Newmont Goldcorp Corporation (38.5%), combining their significant assets across Nevada to create the single largest gold-producing complex in the world and realize the full potential of these mines through synergies and best-in-class operational improvements. This massive mining operation comprises 8 mines along with their associated infrastructure and processing facilities that produced an estimated 4 million ounces of gold in 2018. Three of these assets are Tier One gold mines: Barrick’s Cortez; the combination of Barrick’s Goldstrike and Newmont Goldcorp’s Carlin; and the combination of Barrick’s Turquoise Ridge and Newmont Goldcorp’s Twin Creeks. In addition, Barrick’s Goldrush-Fourmile project has the potential to become the fourth Tier One asset in this portfolio. The new JV is expected to generate around $5 billion in cost savings over the next five years. Nevada Gold Mines is operated by Barrick.

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates. Endeavour is listed on the London and Toronto Stock Exchanges under the symbol EDV.

Caledonia Mining is a profitable, cash generative gold producer operating in Zimbabwe with a strong growth profile and a vision to become a multi-asset producer. The group’s primary operating asset is the Blanket Mine, where Caledonia has successfully doubled production capacity to 75,000+oz, extending the mine life with the sinking of the Central Shaft. Caledonia also operates the Bilboes gold development project and holds the Motapa and Maligreen exploration projects in Zimbabwe.