Barrick Gold Corp. notes the statement released by Papua New Guinea prime minister James Marape announcing an imminent agreement to reopen Porgera mine. Barrick and the Government of Papua New Guinea have continued to hold constructive discussions on a framework agreement for the recommissioning of Porgera, which has been on care and maintenance since April 2020. The agreement under discussion is in line with the [...]
Despite the challenges posed by the global Covid-19 pandemic, Barrick Gold Corp. has emerged even stronger and made significant progress towards becoming the world's most valued gold company since its transformational merger with Randgold Resources only two years ago, says Executive Chairman John Thornton in the company's 2021 Information Circular published today and available now at www.barrick.com/agm and also filed on [...]
Montana Governor Gianforte and Barrick Gold Corp. president and CEO Mark Bristow have met at the closed Golden Sunlight mine in Jefferson County to discuss an innovative project that is expected to create 75 or more jobs and tens of millions of dollars in tax revenue and benefits to the State over the next decade, while removing a source of potential water pollution from the mine site. The project involves the [...]
Barrick Gold Corp. is building its future leadership by injecting youth and diversity into its highly experienced team, thus aligning it with technological advances as well as the evolving expectations of a rapidly changing world, says executive chairman John Thornton in the company's 2020 Annual Report published today. "A wide range of skills, experience, perspectives and backgrounds will, we believe, foster continuing [...]
In the face of challenges across all regions, notably the Covid-19 pandemic, Barrick Gold Corp. met all its key performance indicators in 2020 and at the same time made significant progress towards achieving its key objectives, says president and chief executive Mark Bristow in the company's 2020 Annual Report published today. "The effectiveness of Barrick's ESG strategy - which is powered at all levels by a [...]
An intensive strategic review by executive teams from Barrick Gold Corp. and Nevada Gold Mines has confirmed the enormous geological prospectivity of the NGM properties and outlined the key development projects. Established in July 2019, the Barrick-operated joint venture is already the world's single largest gold mining complex, hosting three of Barrick's Tier One mines1 and targeting production of between 3.4 and 3.7 [...]
Barrick Gold Corp. president and chief executive Mark Bristow today said the company mourned with the people of Tanzania at the loss of President John Magufuli, who passed away yesterday. Bristow described the late president as a visionary statesman who saw the value of a thriving mining sector to his country's economy and partnered with Barrick in a joint venture, Twiga Minerals Corporation, to manage the company's mines [...]
The Prospectors & Developers Association of Canada's 2021 Convention-the world's premier mineral exploration and mining event-will mark its 89th anniversary with a virtual convention on March 8-11, 2021. "The PDAC Convention is a must attend event for the world's mineral exploration and mining industry," says PDAC President Felix Lee who is attending his 34th consecutive convention. "I'm excited to showcase our industry [...]
The Right Honourable Brian Mulroney, Chairman of Barrick's International Advisory Board, has issued the following statement: We at Barrick Gold Corp. are deeply saddened by the death of Vernon Jordan. One of America's leading civil rights leaders, Vernon served on the company's International Advisory Board since its inception over two decades ago. He was a vigorous and effective participant in all Advisory Board debates [...]
Barrick Gold Corp. today released its annual reserve and resource declaration with its Q4 and year-end results to December 31, 2020. Attributable mineral reserves reflect a 76% replacement of depletion, with a consistent reserve grade maintained year-on-year, after adjustment for the disposal of Massawa. Similarly, excluding the impact of Massawa, the net reduction in reserves year-on-year is approximately 2 [...]
Barrick Gold Corp. reported today that it had met its production targets for 2020, thanks to a consistent operating performance across the group that demonstrated management's ability to manage the impact of the Covid-19 pandemic and other challenges. While cost of sales per ounce was impacted, total cash costs1 and AISC per ounce1 were contained within guidance despite higher royalty expenses from the higher gold price [...]
Barrick Gold Corp. today announced it intends to propose to shareholders a return of capital distribution of approximately $0.42 per share1. Barrick also announced that its Board of Directors has declared a dividend for the fourth quarter of 2020 of $0.09 per share, payable on March 15, 2021, to shareholders of record at the close of business on March 1, 20212. The return of capital will be proposed to shareholders at its [...]
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