Barrick Gold announced that it would spend $6 for every ounce of gold sold by its two mines in the country on improving healthcare, education, infrastructure and access to potable water in the communities around them. At the same time, it has committed up to $70 million for investment in value-adding national projects, including mining-related training, skills development and scientific facilities at Tanzanian [...]
Barrick Gold announced that it has completed an amendment and restatement of the company’s undrawn $3.0 billion revolving credit facility, including an extension of the termination date by one year to May 2027, replacement of LIBOR with SOFR as the floating rate mechanism related to the interest rate for any USD funds drawn down, and the establishment of sustainability-linked metrics. The sustainability-linked metrics [...]
Barrick Gold announced a $0.20 per share quarterly dividend, the first to include a $0.10 per share performance component in line with its new dividend policy. President and chief executive Mark Bristow said the Company's net cash balance at the end of Q1 stood at $743 million, reflecting cash flow from the operations, the continuing sale of non-core assets, and its share of a further $0.6 billion in cash distributions by [...]
Barrick Gold Corp. today announced the declaration of a dividend in respect of performance for the first quarter of 2022 that incorporates an enhancement to the base dividend as a result of achieving Level III under the Company's Performance Dividend Policy. Barrick's Board of Directors declared a dividend of $0.20 per share for the first quarter of 2022 that will be paid on June 15, 2022 to shareholders of record at the [...]
Barrick Gold Corp. - An overwhelming majority of shares voted at the meeting supported the three resolutions put to shareholders at Barrick Gold Corp.'s annual meeting today. Each of the eleven nominee directors listed in the Information Circular for the 2022 Annual Meeting of Shareholders was elected with at least 87% of the vote, the appointment of PricewaterhouseCoopers LLP as auditors received 88% of the vote and the [...]
Barrick Gold Corp. has an integrated approach to sustainability to address each of the Environmental, Social and Governance components concurrently, says group sustainability executive Grant Beringer in the company's 2021 Sustainability Report published today. "The challenges of fighting poverty, climate change and biodiversity loss are deeply connected and we have no option but to tackle them together, through a holistic [...]
Barrick Gold Corp. today reported preliminary Q1 sales of 1.0 million ounces of gold and 113 million pounds of copper, as well as preliminary Q1 production of 1.0 million ounces of gold and 101 million pounds of copper. As previously guided, Barrick's gold production in 2022 is expected to be the lowest in the first quarter increasing through the year, while copper production is expected to be higher in the second half of [...]
Nevada Gold Mines is investing in a 200 solar power plant designed to accelerate its decarbonization program in line with the Barrick Gold Corp.'s Greenhouse Gas Reduction Roadmap. NGM is majority owned and operated by Barrick . NGM today announced they are partnering with First Solar to manufacture all modules required to support the 200 megawatts construction, entirely in the United States. NGM has commenced detailed [...]
Barrick Gold Corp. - The groundbreaking partnership agreement between Barrick, the federal government of Pakistan and the provincial government of Balochistan should unlock the enormous value of Reko Diq, one of the world's largest undeveloped copper and gold deposits, president and chief executive Mark Bristow said today. Speaking on an investor call, Bristow said the project represented a unique mining opportunity [...]
Barrick Gold Corp. announced today that the Dominican Government had completed its strategic review of the location of the new Tailings Storage Facility for the Pueblo Viejo mine. The new TSF forms part of the expansion project that is designed to extend the Tier One1 mine's life to beyond 2040 and support annual production in excess of 800,000 ounces2. The Government, through their process, have identified a select [...]
Barrick will release its Q1 2022 results on Wednesday, May 4, 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 Q1 2022 on April 14, 2022. Release of Q1 preliminary production, sales [...]
Barrick Gold Corp. - Good ESG management is essential to Barrick's vision of becoming the world's most valued gold and copper company, says executive chairman John Thornton in the company's 2022 Information Circular published today and available now at www.barrick.com/agm and also filed on SEDAR and EDGAR . The principles of ESG have long been entrenched in Barrick's commitment to partnership-based business objectives, a [...]
+700,00 %
-87,50 %
