Barrick will release its Q1 2023 results on Wednesday, May 3, 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 Q1 2023 on April 13, 2023. Release of Q1 preliminary production, sales [...]
Barrick Gold Corp. last year again more than replaced the gold reserves it mined and its proven ability to sustain this achievement through exploration will support the execution of its 10-year rolling business plan, says executive chairman John Thornton in the company's 2023 Information Circular published today and available now at www.barrick.com/agm and also filed on SEDAR and EDGAR . "Attuned to the cyclicality of [...]
Barrick Gold Corp. - The government of Papua New Guinea, Barrick Niugini Limited and New Porgera Limited today signed an agreement to progress with the resumption of operations at the Porgera gold mine, which have been suspended since 2020.1 Porgera hosts an orebody with measured and indicated resources of 10 million ounces2 and inferred resources of 3.4 million ounces.2 After initial ramp up and optimisation of the [...]
Barrick Gold Corp. - Since Kibali went into production 10 years ago it has not only grown into Africa's largest gold mine, it has also opened a new mining frontier in the DRC and stimulated the development of a thriving regional economy in the country's North-East province, says Mark Bristow, Barrick president and chief executive. Speaking at a media visit to Kibali today, Bristow said the mutually beneficial partnership [...]
Barrick Gold Corp. - In a meeting today between Barrick president and chief executive Mark Bristow and Tanzania president Samia Suluhu Hassan, the company affirmed its pledge of $30 million in partnership with the Tanzanian government, towards the expansion of education infrastructure in Tanzania. Called 'The Barrick-Twiga Future Forward Education Program', the objective is to build 1,090 classrooms, 1,640 ablution blocks [...]
Barrick Gold Corp. - The past year marked a major milestone in Barrick's journey to becoming the world's most valued gold and copper mining company, with the foundational targets of the new business created by the Merger1 having largely been met, and its greater goals now within reach, says president and chief executive Mark Bristow with the publication of the company's 2022 annual report today. "North America is [...]
Barrick Gold Corp. - Barrick's Loulo-Gounkoto gold mining complex, as one of the largest taxpayer in Mali, has been formally thanked by the government for its role in enabling the tax department to achieve its revenue targets for 2022. In a ceremony at Barrick's Bamako office, the country's director of large enterprises presented both Loulo and Gounkoto with certificates of recognition honouring what was described as [...]
Barrick Gold Corp. announced today that it plans to undertake a new share repurchase program to buy back additional common shares. Barrick's Board of Directors has authorized a new program for the repurchase of up to $1.0 billion of the Company's outstanding common shares over the next 12 months at prevailing market prices in accordance with applicable law. In connection with the new share repurchase program, Barrick has [...]
Barrick Gold Corp. today announced the declaration of a dividend of $0.10 per share for the fourth quarter of 2022. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q4 2022 dividend will be paid on March 15, 2023 to shareholders of record at the close of business on February 28, 2023. In addition to the dividends paid in 2022, Barrick repurchased 24.25 million [...]
Barrick Gold Corp. grew attributable proven and probable gold mineral reserves by 6.7 million ounces net of depletion in 2022, while maintaining grade despite an increase in the reserve price assumption. Reported at $1,300/oz1, attributable proven and probable mineral reserves now stand at 76 million ounces2 at 1.67g/t, increasing from 69 million ounces3 at 1.71g/t reported at $1,200/oz1 in 2021. Led by Pueblo Viejo and [...]
Barrick Gold Corp. has hosted a two-day open-door visit to its North Mara Gold Mine in Tanzania by the UK-based NGO RAID represented primarily by its executive director, Anneke van Woudenberg. The intention of the visit was for RAID to experience firsthand the positive impact Barrick has had since assuming operational control of North Mara in September 2019. In the course of the visit, RAID were given a comprehensive [...]
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