Barrick Gold Partners with Diversified Transportation to Enhance Nevada Operations
- Barrick Gold partners with Diversified Transportation to enhance employee transport for Nevada Gold Mines starting September 2025.
- The collaboration will operate 39 motorcoaches, improving safety and reliability for Barrick's workforce in Northern Nevada.
- Barrick Gold aims to boost operational efficiencies while contributing to local economic growth through this transport partnership.
Barrick Gold Expands Transport Solutions for Nevada Operations
Barrick Gold Corporation strengthens its operational capabilities in Northern Nevada through a new partnership with Diversified Transportation LTD, part of the Student Transportation of America (STA) family. Effective September 2, 2025, this collaboration will see Diversified Transportation providing motorcoach services for Nevada Gold Mines (NGM), the largest gold-producing complex globally. The agreement entails the operation of 39 motorcoaches that will transport NGM employees between various mining sites and designated park-and-ride locations around Elko, Nevada. This strategic move not only aims to enhance the safety and reliability of transportation for Barrick’s workforce but also aligns with STA’s commitment to expanding its industrial busing division in the region.
As part of the expansion plan, Diversified Transportation intends to increase its fleet to over 100 motorcoaches by summer 2026, addressing the growing transportation demands from two major clients in Elko and Winnemucca. In preparation for this fleet expansion, STA is actively recruiting drivers and mechanics to ensure a competent local workforce. Gene Kowalczewski, CEO of STA, expresses pride in being chosen by NGM and emphasizes the company's dedication to fostering economic growth in Northern Nevada through job creation and community investment. The partnership with Barrick Gold not only enhances transportation logistics but also signifies a significant milestone in STA’s growth trajectory within the industrial busing sector.
Tim Lindsay, Executive Vice President of STA's Canadian Business Group, underscores the shared commitment to safety, reliability, and operational excellence that defines the partnership with NGM. As Diversified Transportation ramps up its operations, the collaboration is poised to streamline transportation services for Barrick’s workforce while fortifying local employment opportunities. This initiative reflects Barrick Gold’s strategic approach to enhancing its operational efficiencies while contributing to the economic landscape of Northern Nevada.
In related news, Barrick Gold continues to benefit from favorable market conditions as gold prices show resilience amidst economic uncertainties. The recent surge in gold prices, attributed to heightened safe-haven demand, underscores the ongoing appeal of gold as a reliable asset during turbulent financial times. This environment presents opportunities for Barrick Gold to leverage its strong position in the market, maximizing the potential for increased revenues and profitability as demand for gold remains robust.
Furthermore, central banks around the globe are increasingly turning to gold as a strategic asset, with a record addition of 1,136 tonnes valued at approximately $70 billion added to reserves in 2022. This trend highlights gold’s significance not only as a commodity but also as a vital component of financial security during periods of economic volatility, further solidifying Barrick Gold's role in the global gold market.