All amounts expressed in U.S. dollars unless otherwise indicated Barrick reported a net loss of $94 million , and adjusted net earnings1 of $81 million for the second quarter. The Company reported second quarter revenues of $1.71 billion, net cash provided by operating activities of $141 million, and negative free cash flow2 of $172 million. Gold production in the second quarter was 1.07 million ounces, at a cost of sales [...]
Barrick Gold today announced that its Board of Directors has declared a dividend for the quarter of U.S. 3 cents per share, payable on September 17, 2018, to shareholders of record at the close of business on August 31, 2018.1 INVESTOR CONTACT Deni Nicoski Senior Vice President Investor Relations Telephone: +1 416 307-7474 Email: dnicoski@barrick.com MEDIA CONTACT Andy Lloyd Senior Vice President Communications Telephone [...]
TORONTO, July 23, 2018 -- Barrick Gold Corp. today announced that Kelvin Dushnisky has accepted the position of Chief Executive Officer of AngloGold Ashanti Ltd., and will be leaving the Company at the end of August. Mr. Dushnisky joined Barrick in 2002, and advanced through a series of progressively senior positions, before being appointed President in 2015. “On behalf of the entire team, we would like to extend [...]
All amounts expressed in U.S. dollars TORONTO, July 11, 2018 -- Barrick Gold Corp. today announced preliminary second quarter production of 1.07 million ounces of gold, and 83 million pounds of copper, as well as preliminary second quarter sales of 1.04 million ounces of gold, and 74 million pounds of copper. The average market price for gold in the second quarter was $1,306 per ounce, while the average market price for [...]
TORONTO, July 09, 2018 -- Barrick Gold Corp. today announced that it has entered into an enhanced strategic cooperation agreement with Shandong Gold Group Co., Ltd. , deepening Barrick’s partnership with one of China’s leading mining companies. The document builds on an earlier agreement signed between the two companies in April 2017, when Shandong Gold Mining Co., Ltd., acquired 50 percent of Barrick’s [...]
TORONTO, June 24, 2018 -- Barrick Gold Corp. today provided an update on ongoing discussions with the Government of Tanzania concerning the proposed framework for Acacia Mining plc's operations in Tanzania. Discussions between the Government of Tanzania and Barrick are constructive. Progress has been made on the drafting of definitive agreements necessary for the implementation of the proposed framework. In order to allow [...]
All amounts expressed in U.S. dollars TORONTO, June 05, 2018 -- Barrick Gold Corp. has published its annual Sustainability Report, which provides a detailed and transparent look at the Company’s environmental and social performance over the past year. To view the report, please visit www.barrick.com. “At Barrick, our sustainability strategy emphasizes partnerships with host governments and communities, to [...]
TORONTO, May 25, 2018 -- Barrick Gold Corp. will release its Second Quarter 2018 Results on July 25, 2018, followed by a conference call and webcast on July 26 at 8:00 am ET. Second Quarter Results Release — July 25, after market close Conference Call and Webcast — July 26, 8:00 am ET Toll Free : 1-800-319-4610 International: +1 416 915-3239 The Second Quarter 2018 webcast and presentation materials will be [...]
Midas Gold today announced that Barrick Gold has purchased 46,551,731 common shares of Midas Gold in a non-brokered private placement at a price of C$1.06 per share for gross proceeds of US$38,065,907. As a result of the Placement, Barrick owns 19.9% of the issued and outstanding shares in Midas Gold on closing. Barrick’s investment supports Midas Gold’s continued efforts to complete a feasibility study and [...]
Conversion Reduces Costs, Supports Expansion Project, and Lowers Greenhouse Gas Emissions Over Life of Mine All amounts expressed in U.S. dollars TORONTO, May 14, 2018 -- Barrick Gold Corp. today announced that Pueblo Viejo Dominicana Corporation , operator of the Pueblo Viejo mine, has signed a 10-year natural gas supply contract with AES Andres DR, S.A. in the Dominican Republic that will enable the conversion of the [...]
TORONTO, May 09, 2018 -- Barrick Gold Corp. announced today that it has entered into a subscription agreement to acquire 46,551,731 common shares of Midas Gold Corp. in a non-brokered private placement at a price of C$1.06 per share for gross proceeds of US$38,065,907. The transaction is expected to close on or about May 15, 2018, following which Barrick will own approximately 19.9 percent of the outstanding common shares [...]
Midas Gold today announced that it has entered into an agreement with Barrick Gold whereby Barrick will purchase 46,551,731 common shares of Midas Gold in a non-brokered private placement at a price of C$1.06 per share for gross proceeds of US$38,065,907. The Placement will result in Barrick owning 19.9% of the issued and outstanding shares in Midas Gold on a post-transaction basis. Barrick’s investment supports [...]