Continuous Improvement - A Structured Approach At Barrick Goldstrike Mines Inc

Barrick Goldstrike Mines Inc. has embarked on a continuous improvement effort to ensure that Barrick Gold Corporation will retain its lead in the gold industry in years to come. The continuous improvement initiative is based on careful mapping of the key levers associated with each activity of business. The individual levers are then evaluated to determine their potential to affect the profitability and safety of the operation. The most promising are diagnosed for root causes. These root causes are then addressed to enhance benefits. Through a structured approach of mapping, brainstorming, evaluating and instigating change with follow up measurement and reporting; Barrick Goldstrike is anticipating an increase in throughput at the autoclave facility of 10% with little or no capital expenditure. The resultant approach to Continuous Improvement will be utilized throughout the Goldstrike facility and then throughout Barrick's world-wide operations.