Barrick Gold (TSE:ABX) goes ‘digital’ in deal with Cisco Systems (NASDAQ:CSCO)

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Barrick is looking for a “digital reinvention” of its global mining operations

The biggest gold producer is joining forces with an even larger tech giant to drag the traditional world of mining into the new millennium.

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Barrick Gold Corp. signed a deal with Cisco Systems Inc. for a “digital reinvention” of its global mining operations, the Toronto-based miner said in a statement Monday. The partnership — struck between Barrick Executive Chairman John Thornton and Cisco Chairman John Chambers — will start with the Cortez mine in Nevada.

Read the full article at: business.financialpost.com

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