Kibali, ranked among the world’s Top 10 gold mines, has made a strong start to 2019 after setting a new production record last year, Barrick President and Chief Executive Officer Mark Bristow said here today. Barrick operates Kibali, which is a joint venture with AngloGold Ashanti and the Congolese parastatal SOKIMO. Speaking at a briefing for local media and stakeholders, Bristow said Kibali was continuing to break [...]
Barrick Gold Corp. will release its First Quarter 2019 Results on May 8, 2019. President and CEO Mark Bristow will host a live presentation on the results at 11:00 a.m. EDT at Barrick’s corporate office in Toronto on that day. The presentation will be linked to a webcast and conference call. Preliminary production and sales information for the first quarter will be released on April 18, before market open. Release [...]
Barrick Gold Corp. says its merger with Randgold has accelerated the pace and increased the effectiveness of its progress towards its strategic goals. In its Information Circular for 2019, which is available now at www.barrick.com/investors/agm and has also been filed on SEDAR and EDGAR , Executive Chairman John Thornton said key strategic initiatives have already been launched and the Company expects to deliver on all [...]
Democratic Republic of Congo’s newly elected president Felix Tshisekedi and Barrick Gold Corp.’s Executive Chairman John Thornton today confirmed their partnership to develop the country’s gold mining industry in a meeting here during the president’s state visit to the United States. Barrick operates Kibali in the DRC, one of the world’s ten largest gold mines, and along with its joint [...]
Barrick Gold Corp. today announced that its 2018 Annual Information Form, Form 40-F, and Annual Report are now available on SEDAR and EDGAR , respectively. In addition, a new National Instrument 43-101 technical report has been filed on SEDAR and EDGAR for each of Barrick’s Cortez and Goldstrike mines. The reports are current as of December 31, 2018 and were filed on a voluntary basis, and not as a result of a [...]
The Golden Sunlight mine, operated by Barrick Gold Corp. , has been approaching the end of its operational life in recent years, with the mine’s remaining gold reserves nearly depleted. Following a detailed review of the Golden Sunlight operation, new underground development has ceased, and mining is limited to existing areas only. A final mill run to process gold ore is currently scheduled for May 2019. Underground [...]
Barrick reaffirms commitment to resolving environmental issues All amounts expressed in U.S. dollars On Thursday, March 14, the Supreme Court of Chile annulled the October 2018 administrative decision of the Antofagasta Environmental Court, which had rejected four of the five closure orders issued by Chile’s environmental regulator in January 2018 against the Chilean subsidiary of Barrick Gold Corp. that holds the [...]
All amounts expressed in U.S. dollars On March 11, 2019, Barrick Gold Corp. and Newmont Mining Corp. signed an implementation agreement to create the world’s single largest gold producer at the Nevada complex, on completion of the joint venture . The JV operations produced approximately 4.1 million ounces in 2018, more than three times the next largest gold operation.1 On a roadshow with Barrick Executive Chairman [...]
Barrick President and Chief Executive Officer Mark Bristow said today that Newmont’s Nevada joint venture proposal reinforced the frustration Barrick has experienced in its efforts to unlock the value in the two companies’ assets in Nevada. “Newmont’s latest proposal is essentially based on the stale and convoluted process that foundered previously. As usual, it comes with unrealistic preconditions [...]
The Board of Directors and employees of Barrick Gold Corp. would like to extend their heartfelt sympathies to the family and friends of María Ignacia Benítez, who passed away today in Chile. “Ms. Benitez joined Barrick’s Board of Directors in April 2018, and quickly became a trusted advisor and cherished friend to the Company,” said Executive Chairman John L. Thornton. “We will [...]
Please join us at 8:30 a.m. Eastern Time for an international investor and media conference call to discuss Barrick’s proposal for Newmont Mining Corp.. There will be an opportunity for analysts and investors to ask questions during the Q&A following the presentation. International Call/Webcast | Monday, February 25, 2019 05:30 PST • 08:30 EST • 13:30 UTC/GMT To participate in the conference call, use the [...]
All-share transaction offering far superior value to Newmont’s proposed acquisition of Goldcorp At-market exchange ratio of 2.5694 Barrick shares for each Newmont share Over $7 billion net present value of real synergies1 Substantial NAV and cash flow accretion Strong executive leadership with demonstrated record of value creation Creation of the premier gold investment vehicle Capturing the missing billions1 All [...]