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Barrick Gold Corp Reports Qtrly Adjusted Net Earnings Per Share $0.16
Barrick Declares Quarterly Dividend Of $0.07 Per Share
Barrick Gold Reports Preliminary Q1 Production Of 1.25 Mln Ounces Of Gold And 115 Mln Pounds Of Copper
Barrick Gold Corp is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company's segments include Barrick Nevada, Golden Sunlight, Hemlo, Jabal Sayid, Lagunas Norte, Lumwana, Porgera, Pueblo Viejo, Turquoise Ridge, Veladero and Zaldvar. Pueblo Viejo, Lagunas Norte, Veladero and Turquoise Ridge are its individual gold mines. The Company, through its subsidiary Acacia, owns gold mines and exploration properties in Africa. Its Porgera is a gold mine. Zaldivar and Lumwana are copper mines. The Pascua-Lama project is located on the border between Chile and Argentina. The Company owns a number of producing gold mines, which are located in Canada, the United States, Peru, Argentina, Australia and the Dominican Republic.
Gold & Silver
Canada Trust Tower
161 Bay St Suite 3700
John Lawson Thornton
Non-Independent Executive Chairman of the Board
President, Chief Executive Officer, Director
Graham P. Shuttleworth
Chief Financial Officer, Senior Executive Vice President
Robert L. Krcmarov
Executive Vice President - Exploration and Growth
Kevin James Thomson
Senior Executive Vice President - Strategic Matters
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Canadian miner Barrick Gold Corp said on Friday it served a dispute notice to the Papua New Guinea (PNG) government over the country's refusal to extend a mining lease in the Porgera valley.
Canadian miner Barrick Gold Corp said on Friday its subsidiary, Barrick (PD) Australia Pty Limited, an investor in the Porgera Mine, has given notice to Papua New Guinea (PNG) that a dispute has arisen under the bilateral investment treaty (BIT) between PNG and Australia.
Barrick Gold's Kibali gold mining joint venture in Democratic Republic of Congo will be able to get $500 million out of the country very soon, CEO Mark Bristow told Reuters on Monday.
Barrick Gold on Thursday said there is "absolutely no truth" in a news release circulated on social media in Zambia claiming the gold miner sold its Lumwana copper mine.
Barrick Gold on Thursday said there is "absolutely no truth" in a press release circulated on social media in Zambia claiming the gold miner sold its Lumwana copper mine.
Three employees of Acacia Mining, a former Barrick Gold unit, have been released from jail in Tanzania after paying 1.5 billion Tanzanian shillings ($649,632) in compensation for tax evasion, a prosecutor told Reuters on Wednesday.
Three employees of the former Barrick Gold unit Acacia Mining were released from jail in Tanzania on Tuesday after agreeing a plea bargain deal, two sources with direct knowledge of the matter told Reuters on Wednesday.
Canadian gold producer Barrick Gold said on Tuesday it sold a partial stake in Shandong Gold Mining Co for $210 million, profiting off a rise in share price of the Chinese gold miner.
Barrick Gold Corp has offered an extra 15% stake in its Porgera gold mine in Papua New Guinea to local landowners, according to a letter from its CEO, in a bid to break an impasse with the national government over the mine's future.
A Papua New Guinea court is set to rule next month on whether Barrick Gold Corp can proceed with a legal challenge over the government's refusal to extend its lease on the Porgera gold mine, the head of the country's mining regulator said.
Barrick Gold Corp <ABX.TO> <GOLD.N> reported a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including in copper, its chief executive said.
Canadian miner Barrick Gold Corp reported a nearly 55% rise in quarterly adjusted profit on Wednesday, benefiting from a surge in gold prices and higher copper production.
Papua New Guinea has threatened to take control of a gold mine operated by Barrick Gold Corp in the country after Barrick's local unit suspended operations at the weekend following news the mine's lease would not be renewed.
China's Zijin Mining on Monday revised down its gold production target for 2020 after Papua New Guinea (PNG) refused to extend the mining lease at the Porgera mine it operates with Barrick Gold Corp.
Barrick Gold said on Thursday it was on track to meet its full-year production targets even as it reported an 8.5% drop in first-quarter gold output due to the impact of coronavirus-driven lockdowns.
Barrick Gold Corp said on Thursday it expects first-quarter gold production of 1.25 million ounces, lower than its output in the year-ago period.
Barrick Gold Corp will look to spend $1.3 billion to extend the life of its Pueblo Viejo mine in the Dominican Republic beyond 2040, Chief Executive Officer Mark Bristow said on Wednesday, as the miner looks to wring more value from its existing assets.
Canadian miner Barrick Gold Corp's proposed expansion of its Pueblo Viejo mine in the Dominican Republic will require an initial investment of $1.3 billion, Chief Executive Officer Mark Bristow said on Wednesday.
Barrick Gold Corp said on Friday it would stockpile key commodities due to the coronavirus, drawing on its experience from Ebola outbreaks to prepare for the possibility the outbreak could shutter its mines.
Barrick Gold on Friday said it was increasing its inventory of key commodities to above normal levels because of the global spread of coronavirus, though placed and forecast orders were unchanged and supplies to mines were not affected.
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