Barrick Gold Corp.

Barrick Gold Corp. said today its Loulo-Gounkoto mining complex had not been affected by the political situation in Mali and operations there were continuing as normal. The complex has an adequate inventory for its foreseeable requirements and management has taken steps to secure its supply lines. The company is monitoring the situation closely in consultation with local stakeholders. Enquiries Kathy du Plessis Investor [...]

At the year’s halfway mark, Barrick Gold Corp. was on track to achieve annual production within its 2020 guidance range, despite the impact of the Covid-19 pandemic, the company said today. Second quarter results show year-to-date gold production of 2.4 million ounces, at the mid-point of its 4.6 million to 5 million ounce annual guidance, driven by strong operating performances, particularly from Nevada Gold Mines in the [...]

Barrick Gold Corp. today announced that its Board of Directors has declared a dividend for the second quarter of 2020 of US $0.08 per share, a 14% increase on the previous quarter’s dividend, payable on September 15, 2020, to shareholders of record at the close of business on August 31, 2020.1 Senior executive vice-president and chief financial officer Graham Shuttleworth said that Barrick’s quarterly dividend has more [...]

Barrick Gold Corp. today welcomed the launch of the Global Industry Standard on Tailings Management, developed through a year-and-a-half long review process involving the United Nations Environment Programme , Principles for Responsible Investment and the International Council on Mining and Minerals . The company, which participated in the process, said this rigorous, independent and multi-stakeholder review would improve [...]

Barrick Gold Corp. today announced that Barrick Gold Inc, a wholly-owned subsidiary of Barrick, has entered into a definitive agreement with Skeena Resources Ltd. pursuant to which Skeena will exercise its option to acquire the Eskay Creek project and Barrick will waive its back-in right on the Eskay Creek project, all upon the terms and conditions set out in an amended and restated option agreement . As previously [...]

In line with its objective of finding and developing the best assets, Barrick Gold Corp. has strengthened its exploration team through the appointment of eminent geologists Aoife McGrath and Leandro Sastre in the newly created positions of vice president exploration for Africa and Middle East, and Latin America and Asia Pacific respectively. McGrath has worked with and led exploration teams in Africa, North and South [...]

Barrick Gold Corp. today reported preliminary second quarter sales of 1.22 million ounces of gold and 123 million pounds of copper, as well as preliminary second quarter production of 1.15 million ounces of gold and 120 million pounds of copper. Group gold production for the first six months of 2020 was 2.4 million ounces, at the midpoint of the Company’s 4.6 to 5.0 million ounce guided range for the year. President and [...]

Barrick Gold Corp. announced that its subsidiary, Barrick Australia Pty Limited , an investor in the Porgera Mine, has given notice to Papua New Guinea that a dispute has arisen under the Bilateral Investment Treaty between PNG and Australia. Barrick PD asserts that the dispute arises out of the PNG Government’s decision not to extend the Porgera Special Mining Lease in violation of the terms of the BIT and international [...]

Barrick will release its Q2 2020 results on Monday, August 10, 2020. Due to the Covid-19 pandemic, president and CEO Mark Bristow will host an interactive webinar on the results at 11:00 EDT, instead of a live presentation. The webinar will be linked to a conference call. Participants will be able to ask questions. The company will release its preliminary production and sales information for Q2 2020 on Thursday, July 16 [...]

Nevada Gold Mines , established a year ago today, has posted an exceptional performance in its first 12 months of operation, delivering real value to all its stakeholders, says Mark Bristow, president and chief executive of Barrick Gold Corp. . Barrick operates NGM, the world’s largest gold mining complex, and owns 61.5% of the business, with Newmont Corp. holding the rest. In its first year of combined operation, NGM not [...]