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 [...]
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 June 15, 2018, to shareholders of record at the close of business on May 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: +1 416 [...]
TORONTO, April 24, 2018 -- Barrick Gold Corp. announced that the nominees listed in the information circular for the 2018 Annual Meeting of Shareholders were elected as directors of Barrick. Detailed results of the vote for the election of directors, the appointment of auditors, and the advisory resolution on executive compensation are set out below. Nominee Votes For % For Votes Withheld % Withheld María Ignacia [...]
Barrick reported first quarter net earnings attributable to equity holders of $158 million , and adjusted net earnings1 of $170 million . The Company reported first quarter revenues of $1.79 billion, net cash provided by operating activities of $507 million, and free cash flow2 of $181 million. Gold production in the first quarter was 1.05 million ounces, at a cost of sales applicable to gold3 of $878 per ounce, all-in [...]
All amounts expressed in U.S. dollars TORONTO, April 11, 2018 -- Barrick Gold Corp. today announced preliminary first quarter production of 1.05 million ounces of gold, and 85 million pounds of copper, and preliminary first quarter sales of 1.07 million ounces of gold, and 85 million pounds of copper. The average market price for gold in the first quarter was $1,329 per ounce, while the average market price for copper was [...]
TORONTO, March 28, 2018 -- It is with deep sadness that Barrick Gold Corp. announces the passing of the Company’s Founder and Chairman Emeritus, Peter Munk. Munk passed away peacefully in Toronto today, surrounded by his family. He was 90. Munk, an iconic Canadian entrepreneur and philanthropist, was born in Budapest in 1927. When the Nazis invaded Hungary in 1944, he escaped with his family, ultimately arriving in [...]
TORONTO, March 23, 2018 -- Barrick Gold Corp. today announced that its 2017 Annual Information Form, Form 40-F, Annual Report, and Information Circular 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 Pueblo Viejo, Turquoise Ridge, and Veladero joint ventures. To access the above-mentioned [...]
All amounts expressed in U.S. dollars TORONTO, March 22, 2018 -- Barrick Gold Corp. today reported that S&P Global Ratings has upgraded Barrick’s long-term corporate credit rating to BBB from BBB-, with a stable outlook. The follows a similar upgrade to Baa2 by Moody’s Investors Service on March 1. In a press release announcing the upgrade, S&P cited the “improvement in Barrick’s financial risk [...]
Barrick Gold today announced the nomination of María Ignacia Benítez for election as a new independent director at the Company’s 2018 Annual Meeting of Shareholders. Ms. Benítez is an environmental expert with a deep understanding of Latin American political, regulatory, and legal systems. She was an advisor to Chile’s Senate Environment Commission before serving as the country’s [...]
TORONTO, March 15, 2018 -- Barrick Gold Corp. will release its First Quarter 2018 Results on April 23, 2018, followed by a conference call and webcast on April 24 at 8:00 am ET. First Quarter Results Release — April 23, after market close Conference Call and Webcast — April 24, 8:00 am ET Toll Free : 1-800-319-4610 International: +1 416 915-3239 The First Quarter 2018 webcast and presentation materials will be [...]
TORONTO, March 14, 2018 -- Barrick Gold Corp. today announced the nomination of Patricia A. Hatter for election as a new independent director at the Company’s 2018 Annual Meeting of Shareholders. Ms. Hatter is an experienced Silicon Valley executive with broad expertise in technology and digital transformation. She advises technology companies on product and go-to-market strategies in sectors covering cybersecurity [...]
TORONTO, March 06, 2018 -- At Barrick our employees are owners, from the head office to the rock face. The Company has announced the third grant of common shares since the launch of its innovative Global Employee Share Plan in 2016, which awards shares to employees based on overall Company performance. These shares are purchased by Barrick on the open market and must be held for as long as an employee remains with the [...]
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