Barrick Gold Corp. - Barrick's peerless gold and rapidly growing copper portfolios now extend across all the major gold and copper districts worldwide, providing the company with a solid base from which to grow its production and value, directed by a proven strategy and supported by a broad spectrum of skills, says president and chief executive Mark Bristow in the 2023 Annual Report published today. "Discovery and [...]
Barrick Gold Corp. - The Loulo-Gounkoto complex in Mali, one of the world's largest gold producers, has contributed more than $1 billion to the Malian economy over the past 12 months, maintaining its long record as one of the country's largest and most consistent revenue generators. The complex is on track to meet its production guidance for the current quarter and the year. There have been no lost time injuries or major [...]
The Board of Barrick Gold Corp. is deeply saddened by the passing of the Chairman of its International Advisory Board and former member of the Barrick Board of Directors, the Right Honorable Brian Mulroney, on February 29, 2024. Prime Minister of Canada from 1984 to 1993, Mr Mulroney holds the distinction of being the first Canadian Prime Minister in 35 years to win successive majority governments and the first [...]
Barrick Gold Corp. - Africa's largest gold mine, Kibali, and the Autorite de Regulation de la Sous-Traitance dans le Secteur Prive , the body which oversees the DRC's sub-contracting sector, have agreed to collaborate on a range of local content initiatives. The partnership has been designed to increase the mine's already extensive use of Congolese contractors and suppliers in line with parent company Barrick's global [...]
Tanzania's Parliamentary Standing Committee for Energy and Minerals has commended Barrick Gold Corp. for the significant turnaround at the North Mara gold mine and its improved relations with the community. Members of Parliament recently visited the mine along with the Deputy Minister of Minerals, Ministry officials, the Regional Commissioner, District Commissioner, ward councilors and village leaders. The delegation was [...]
Barrick Gold Corp. announced today that it plans to undertake a new share repurchase program for the buyback of its 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 2023. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q4 2023 dividend will be paid on March 15, 2024 to shareholders of record at the close of business on February 29, 2024. "The performance of our business and the continued strength of our balance [...]
Nevada Gold Mines has come a long way since 2019 when Barrick and Newmont pooled their assets in the state to create the world's largest gold mining complex and is now making a strong start to the new year on the back of performance improvements and new growth prospects. Emphasizing this point here today, Mark Bristow, president and chief executive of operator and majority shareholder Barrick Gold Corp. , said operational [...]
Barrick Gold Corp. grew attributable proven and probable gold mineral reserves by 5.0 million ounces before 2023 depletion, while continuing to maintain the quality of the mineral reserve base. Attributable proven and probable mineral reserves now stand at 77 million ounces2 at 1.65g/t, increasing from 76 million ounces3 at 1.67g/t in 2022. Led by the Africa & Middle East region, Barrick has delivered a third consecutive [...]
Barrick Gold Corp. - Kibali, the largest gold mine in Africa, is now also one of the greenest mines on the African continent, Barrick president and chief executive Mark Bristow told media at a briefing here today. Much of the electricity that drives Kibali is already supplied by its three hydropower stations. Once the mine's new 16 megawatt solar plant and additional battery energy storage infrastructure, designed to back [...]
Barrick Gold Corp. and its predecessor, Randgold Resources, has been a valuable partner to Mali for 27 years and, in the face of many challenges, continues to work tirelessly with the Transition Government of Mali and local stakeholders to plot a new course for the country's mining industry and promote it as an investment destination, says president and chief executive Mark Bristow. Speaking to media here today, Bristow [...]
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