- Damstra’s (DTC) subsidiary signs a three agreement covering around 3000 users across six locations with Barrick Gold North American
- The deal will see the parties implement the Damstra Enterprise Protection Platform solution across Barrick mining sites
- The contactis the formal start of a phase two program with Barrick and Damstra Technology, after implementation at three of Barrick’s largest sites
- The total value of the three-year contract is estimated to be at least US$400,000 (A$577,000)
- Shares in Damstra are up 4.35 per cent, trading at 12 cents each as of 1:48 pm AEDT
Damstra (DTC) subsidiary has signed an agreement with Barrick Gold North American, covering around 3000 users across six locations.
Damstra Technology and Barrick have agreed to jointly implement the Damstra Enterprise Protection Platform for Training and Learning Management solution across Barrick’s mining sites.
This agreement marks the formal start of phase two with Barrick, after already implementing the platform at the Nevada gold mine the US, Kibali Mine in the Republic of Congo, and Pueblo Viejo Mine in the Dominican Republic in 2022.
The total value of the three-year contract is estimated to be at least US$400,000 (A$577,000).
“We are very pleased to announce this agreement with Barrick,” Damstra CEO Christian Damstra said.
“This agreement reflects the progressing to Phase 2 of Barrick rollout, after the successful implementation at three of Barrick’s largest sites in three different countries; USA, West Africa and the Dominican Republic.”
Implementation has already commenced and will cover the Cortez, Turquoise Ridge, Phoenix and Long Canyon mine sites all in the Nevada Gold Mining region.
This project aims to standardise training globally and create a single global approach for employees and contractors, training courses and training records.
The solution will enable Barrick to create and assign training to people, track and complete training, and automate and manage site processes.
Shares in Damstra were up 4.35 per cent, trading at 12 cents each as of 1:48 pm AEDT.