Draslovka confirmed it has been selected to supply sodium cyanicde (NaCN) to the U.S.’s largest gold mine, Barrick Mining’s Nevada Gold Mines.
The NaCN is 100% American, produced in Memphis, Tenn., and handled in Carlin, Nev. The company said it underscores its strong position in the North American gold mining market and shores up a U.S. supply of NaCN at a time of unprecedented demand.
“This contract reflects Barrick’s confidence in the quality of Draslovka’s NaCN and its ability to provide reliable supply to Nevada Gold Mines, ensuring uninterrupted capacity to process its ore,” it said.
As part of the multi-year commitment, Draslovka will expand its existing NaCN handling terminal in Carlin.
Pavel Bruzek Jr, CEO, said: “The crucial role played by NaCN is often overlooked as it represents only a few percent of a gold miner’s recovery costs. However, without it, it is impossible to produce gold. The global NaCN market has been tightening for years due to a lack of new production capacity, which has only become more strained due to unprecedented demand for gold. I am proud that Draslovka is filling the supply gap with our premium product.
“Given our strong presence and heritage, North America continues to be a strategically important market for us. With this contract, we have increased our footprint and will continue to do so to further build out our position.”
Source: Draslovka