Three years after the formation of the joint venture that created the world’s largest gold mining complex, Nevada Gold Mines is stepping out on its next growth phase by identifying new opportunities for discoveries and additions, Barrick president and chief executive Mark Bristow said here today. Nevada Gold Mines is 61.5% owned and operated by Barrick Gold with Newmont owning the rest. Speaking during a visit by [...]
Donlin Gold LLC, owned 50/50 by Barrick Gold and NovaGold Resources, is pleased to report the initial assay results for the 2022 drill program. The drill program is progressing ahead of schedule with 26,800 m of the originally planned 34,000-m drill program completed to date, and assay results received from approximately 9,870 m of drilling. The results support the recent modelling concepts, and strategic mine planning [...]
Barrick Gold sustainability is not just a corporate function. It is entrenched in the company’s DNA and integrated in its decision-making processes, said president and chief executive Mark Bristow at the company’s annual Sustainability Update presentation to investors, from its Pueblo Viejo gold mine in the Dominican Republic today. Since the transformational merger with Randgold Resources three and a half years ago [...]
Peter Richardson will be appointed incoming executive managing director of Nevada Gold Mines, LLC with effect from August this year. Peter will work with incumbent Greg Walker, Christine Keener, chief operating officer North America, and Mark Bristow, chairman of Nevada Gold Mines, as we plan for Greg’s retirement at the end of December 2022. Peter brings a diversified background having worked in process engineering [...]
Barrick Gold Corp. - Barrick president and chief executive Mark Bristow said today the Reko Diq copper-gold project, a partnership between the company, the Balochistan Provincial Government and Pakistani state-owned enterprises, would create substantial value for the province through multiple generations. Speaking after his meeting here today with Balochistan chief minister Abdul Quddus Bizenjo, Bristow said that in the [...]
Barrick Gold Corporation – Finance Minister Miftah Ismail and Barrick president and chief executive Mark Bristow said after their meeting here today that they shared a clear vision of the national strategic importance of the Reko Diq copper-gold project and were committed to developing it as a world-class mine that would create value for the country and its people through multiple generations.
Barrick Gold Corp. today reported preliminary Q2 sales of 1.04 million ounces of gold and 113 million pounds of copper, as well as preliminary Q2 production of 1.04 million ounces of gold and 120 million pounds of copper. As previously guided, Barrick's gold production in 2022 is expected to increase through the year, and with the stronger Q2 performance, it remains on track to achieve 2022 gold and copper guidance1. The [...]
Barrick Gold has been recognised as the largest contributor to government revenue in 2021, confirming its position as a key partner in the socio-economic development of Tanzania. President and chief executive Mark Bristow told media here today that since the company took control of North Mara and Bulyanhulu in September 2019, its total in-country investment has totalled $1.995 billion1. In the first half of this year, it [...]
Barrick Gold Corp. will release its Q2 2022 results on Monday, August 8, 2022. 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 2022 on July 14, 2022. Release of Q2 preliminary [...]
The Kibali gold mine’s investment in Congo now exceeds $4 billion and it has created a thriving regional economy in a remote part of the country through partnering with and mentoring local entrepreneurs, uplifting host communities and upgrading essential infrastructure. At a media briefing here today, Barrick president and chief executive Mark Bristow said Kibali was not only Africa’s largest gold mine, it was also a [...]
Barrick Gold continues to invest in creating value for all stakeholders and in supporting the communities that host its mines, president and chief executive Mark Bristow said here today. Speaking to media at the company’s Loulo-Gounkoto complex, Bristow noted the commissioning of the Gounkoto underground mine and the Gara West open pit, the continuing replacement of reserves, the extension of the solar power plant and the [...]
Barrick Gold announced today that it has disposed of 5,382,587 common shares of Perpetua Resources Corp. through the facilities of the Nasdaq, Cboe, Direct Edge and NYSE-ARCA. The Disposition resulted in gross cash proceeds in the aggregate amount of C$21,729,504. Immediately prior to the Disposition, Barrick had beneficial ownership of, or control and direction over, 5,382,587 Shares, representing approximately 8.5% of [...]
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