Barrick Gold Corp. today reported preliminary Q2 sales of 1.00 million ounces of gold and 101 million pounds of copper, as well as preliminary Q2 production of 1.01 million ounces of gold and 107 million pounds of copper. As previously guided, Barrick's gold and copper production in 2023 is expected to increase through the year with the second half being higher than the first six months of 2023. The Company remains on [...]
Barrick Gold Corp. - Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corp., has revitalized the country's gold mining industry through a partnership that should serve as a model for similar operations, particularly in developing regions, Barrick president and chief executive Mark Bristow said today. Briefing media at a mine visit, Bristow said in 2019 when Barrick took control over [...]
Barrick Gold Corp. - Barrick's drive to transform the Lumwana copper mine into a Tier One1 asset with a life extending beyond 2060 is picking up speed with a strong performance in the past quarter adding impetus to its continuing production ramp-up. Briefing media at a site visit here today, Barrick president and chief executive Mark Bristow said the mine's full potential was only now being revealed. Additional expansion [...]
Barrick Gold Corp. will release its Q2 2023 results on Tuesday, August 8, 2023. President and CEO Mark Bristow will host a live presentation of the results that day at 11:00 EDT, with an interactive webinar linked to a conference call. Participants will be able to ask questions. The company will release its preliminary production, sales and cost information for Q2 2023 on July 13, 2023. Release of Q2 preliminary [...]
Barrick Gold Corp. - Africa's biggest gold mine, Kibali, stepped up production significantly in the past quarter as part of its planned ramp-up and is well on track to achieve its annual guidance. At the same time, successful exploration is expected to more than replace reserves depleted by mining again this year. Briefing media here today, Barrick president and chief executive Mark Bristow said the 10-year-old mine was [...]
All amounts expressed in US dollars TONGON, Côte d'Ivoire, July 05, 2023 -- Barrick Gold Corp. - Originally scheduled for closure in 2020, the life of Barrick's Tongon gold mine continues to be extended through successful exploration campaigns. Speaking at a media briefing here today general manager Hilaire Diarra said that since Tongon poured its first gold in 2010, the mine has contributed $2.2 billion to the Ivorian [...]
Barrick Gold Corp. - The 26-year-long partnership between Barrick and the state of Mali has built the country's gold mining industry into a world leader and positioned it strongly for further growth, president and chief executive Mark Bristow said here today. Speaking at a media briefing, Bristow said the Loulo-Gounkoto complex, one of the world's top 10 gold producers, was the biggest business in terms of enterprise [...]
The Lumwana copper mine has purchased approximately $4.3 billion in goods and services from Zambian registered businesses since it went into production, in line with Barrick Gold Corp.'s local procurement and economic development practices. President and chief executive Mark Bristow said Lumwana's local procurement expenditure in 2022 was $432 million, out of a total of $520 million, which represents 83% of the mine's [...]
An initiative begun by Barrick president and chief executive Mark Bristow almost 13 years ago has come to fruition with the successful reintroduction of 16 white rhinos to the Garamba National Park in the northeast of the DRC, where the species was last seen in 2006. Following more than a decade of dedicated action and support, an environment has been created where they can exist safely. The rhino arrived by aircraft from [...]
Mark Bristow, President and Chief Executive Officer, Barrick Gold Corp. joined Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange , to close the market and celebrate the Company's historic 40-year milestone anniversary. Barrick is a sector-leading gold and copper producer. Their portfolio spans the world's most prolific gold and copper districts and is focused on high-margin, long-life assets. SOURCE [...]
Barrick Gold Corp. - The completion of major processing plant maintenance at Nevada Gold Mines, the conversion of the Goldstrike autoclave to a carbon-in-leach process, a much-improved performance from Turquoise Ridge and the steady ramp-up of throughput at Pueblo Viejo's expanded plant will boost production in the second half of the year and keep Barrick on track to achieve its 2023 guidance, the company said today [...]
Barrick Gold Corp. today announced the declaration of a dividend of $0.10 per share for the first quarter of 2023. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q1 2023 dividend will be paid on June 15, 2023 to shareholders of record at the close of business on May 31, 2023. "Through the maintenance of a robust balance sheet, we are able to continue to [...]