Barrick Gold Corp. -- Barrick Pueblo Viejo and its key stakeholders have agreed on independent government-led oversight of the strategic environmental and social impact assessment studies for the new tailings storage facility. This facility, which forms part of an expansion project that will require an initial new investment by Pueblo Viejo of $1.3 billion1, is key to the mine continuing to operate beyond 2021 and could [...]
Barrick Gold Corp. has been awarded four exploration licenses for 19 blocks following its participation in the International Bid-Round /2020 led by the Egyptian government for exploration of gold and associated minerals in the highly prospective Eastern Desert region of the country. The Eastern Desert is part of the Proterozoic Arabian Nubian Shield, which hosts the giant Sukari deposit and numerous other gold [...]
Barrick Gold Corp. - A Reuters article headlined "Cyber attack disrupts major South African port operations" includes the following statement: "Most of the copper and cobalt mined in the Democratic Republic of Congo and Zambia, where miners such as Glencore and Barrick Gold operate, use Durban to ship cargo out of Africa". The ambiguous wording of this sentence could create the erroneous impression that Barrick exports [...]
It is with the deepest sadness that Perenti and Barrick Gold Corp. advise that at approximately 9.30pm on 14 July 2021, an incident occurred at Barrick's Hemlo Mine in Ontario, Canada which resulted in the tragic fatality of a Barminco employee. Perenti and Barrick extend their deepest sympathies to the family, friends and colleagues of the employee. Operations have been suspended and an investigation into the cause of [...]
Barrick Gold Corp. today reported preliminary Q2 sales of 1.07 million ounces of gold and 96 million pounds of copper, as well as preliminary Q2 production of 1.04 million ounces of gold and 96 million pounds of copper. We remain on track to achieve 2021 guidance1, with both the Africa & Middle East and Latin America & Asia Pacific regions trending to the higher end of their regional gold guidance and North America to the [...]
Barrick Gold Corp. - Significant exploration successes could extend the Tongon gold mine's life, Barrick president and chief executive Mark Bristow said today. Speaking at a local media briefing, Bristow said 10 years after it went into production Tongon could get a new lease on life thanks to promising results from near-mine exploration campaigns designed to replace the mine's depleted reserves. In addition to work on [...]
After a strong start in the first quarter of 2021, the Kibali gold mine, one of the largest in the world, remained on track at the halfway mark of the year to achieve its annual production guidance, Barrick president and chief executive Mark Bristow said here today. Speaking at a media briefing, Bristow added that thanks to an aggressive near-mine exploration program, Kibali was continuing to replace its reserves faster [...]
Barrick will release its Q2 2021 results on Monday, August 9, 2021. President and CEO Mark Bristow will host a virtual presentation on 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 2021 on July 15, 2021. Release of Q2 preliminary production, sales [...]
Tanzanian President Samia Suluhu Hassan and Barrick Gold Corp. president and chief executive Mark Bristow met today to review progress at Twiga Minerals Corporation, the joint venture established in October 2019 to manage the company's gold mines in the country, and to discuss the partnership's future plans and prospects. Since Barrick took over the management of the mines in September 2019, the then moribund North Mara [...]
Barrick Gold Corp. today confirmed that the per share amount of the first $250 million tranche of a return of capital distribution totalling $750 million to be paid on June 15, 2021 will be $0.1405117, based on the number of issued and outstanding shares as of the May 28, 2021 record date. This follows the approval by shareholders at Barrick's Annual and Special Meeting on May 4, 2021, of the total $750 million return of [...]
The process of re-opening the Porgera gold mine under the terms of the binding framework agreement between the government and operator Barrick Niugini Limited took a major step forward with a discussion between Barrick President and Chief Executive Mark Bristow, Prime Minister James Marape and the various Porgera Landowners groups and others here today. The framework agreement provides that Porgera will be owned by a new [...]
Barrick Gold Corp. today published its 2020 "Communication on Progress" report for the United Nations Global Compact , setting out the advances it has made towards the UNGC's Ten Principles on human rights, labour, the environment and anti-corruption. Introducing the report, Barrick president and chief executive Mark Bristow says the company has been a signatory to the Compact since 2005 and the principles, which are in [...]