Barrick Mining Corp.

Barrick Gold Corp. remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim attachment order has now been issued against the existing gold stock on site which further prevents its export and disrupts normal operations. Barrick believes the interim attachment order is unwarranted and is in contravention of the agreed dispute resolution mechanisms. Barrick's president and [...]

Barrick Gold Corp. today confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de Gounkoto SA, have submitted a request for arbitration to the International Centre for the Settlement of Investment Disputes , in accordance with the provisions of their respective Mining Conventions with the State of Mali, to address matters of disagreement regarding the Loulo-Gounkoto [...]

Barrick Gold Corp. reports that although it had previously agreed on a framework to achieve a global resolution of the disputes with the Government of Mali over the Loulo-Gounkoto complex, it has to date been unsuccessful in arriving at a final resolution despite numerous good-faith attempts to negotiate and a willingness to compromise beyond its legal rights. Barrick has engaged constructively with the Malian government [...]

Barrick Gold Corp. has welcomed the Ontario Superior Court's dismissal of claims brought by Tanzanian residents alleging human rights abuses by members of the Tanzanian Police Force in the vicinity of the company's North Mara gold mine. The Court ruled that Ontario was not the appropriate forum to consider the claims. Barrick president and chief executive Mark Bristow said the company has repeatedly refuted what it [...]

Barrick Gold Corp. today confirmed that four employees of its Loulo-Gounkoto mining complex had been charged and detained pending trial. While Barrick refutes these charges, it said it would continue to engage with the Malian government to find an amicable dispute settlement that would ensure the long-term sustainability of the complex. President and chief executive Mark Bristow said that since September 30, the company [...]

Barrick Gold Corp. said today it was making significant progress in building a business for the future with a peerless Tier One1 focused asset portfolio and a strategy that continues to uncover and unlock value, while also fostering productive partnerships in its host countries. Speaking in New York to investors at an in-depth presentation on the group's position, achievements and plans, president and chief executive Mark [...]

Barrick Gold Corp. today updated its mineral resource estimate for its wholly-owned Fourmile project in Nevada, resulting in a 192% increase in indicated resources , a 137% increase in inferred resources and a 35% increase in grade relative to Barrick's 2023 year-end mineral resource estimate1. The increases reflect the addition of 25 new drill holes to the 2023 mineral resource estimate across the southernmost portion of [...]

Barrick Gold Corp. dealt with ongoing challenges and made significant progress on many fronts in the third quarter of the year to keep its annual production and cost guidance within reach on the back of the strong performance anticipated in Q4. Gold production was in line with that of the previous quarter while copper production was up 12% quarter on quarter. The Company said it was on track for a materially improved Q4 [...]

Barrick Gold Corp. today announced the declaration of a dividend of $0.10 per share for the third quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q3 2024 dividend will be paid on December 16, 2024 to shareholders of record at the close of business on November 29, 2024. Barrick also repurchased an additional 4.725 million shares during the third [...]

Barrick Gold Corp. denies the allegations made by the Malian Ministry of Mines and the Finance Ministry that it had not honored its commitments made under an agreement designed to achieve a more equitable distribution of mineral resource exploitation to the benefit of all stakeholders. As announced by Barrick on September 30, the company and the government agreed on a negotiation framework to achieve a global resolution [...]