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Barrick Gold Corp (ABX.TO)

ABX.TO on Toronto Stock Exchange

18.04CAD
22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Barrick Says Preliminary FY Gold Production Of 5.32 Mln Ounces For 2017
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - Barrick Gold Corp ::BARRICK REPORTS PRELIMINARY FULL YEAR AND FOURTH QUARTER PRODUCTION RESULTS.BARRICK GOLD CORP - PRELIMINARY FULL YEAR GOLD PRODUCTION OF 5.32 MILLION OUNCES FOR 2017.BARRICK GOLD CORP - PRELIMINARY Q4 GOLD PRODUCTION WAS 1.34 MILLION OUNCES.BARRICK GOLD CORP - PRELIMINARY FULL YEAR COPPER PRODUCTION WAS 413 MILLION POUNDS.  Full Article

Premier Gold Mine And Barrick Gold Sign Comprehensive Nevada-Focused Agreement
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Barrick Gold Corp ::PREMIER GOLD MINE AND BARRICK GOLD SIGN COMPREHENSIVE NEVADA-FOCUSED AGREEMENT.PREMIER GOLD MINES LTD - ‍WILL RETAIN 100% OWNERSHIP OVER COVE DEPOSIT PORTION OF MCCOY-COVE PROPERTY​.PREMIER GOLD MINES- BARRICK TO HAVE OPTION TO EARN 60% INTEREST IN EXPLORATION PORTION OF CO'S MCCOY-COVE PROPERTY.PREMIER GOLD MINES LTD - ‍ WILL HAVE OPTION TO ACQUIRE A 100% INTEREST IN BARRICK'S RYE VEIN PROPERTY, SUBJECT TO A BACK-IN RIGHT BY BARRICK.PREMIER GOLD MINES - BARRICK'S OPTION TO EARN 60% INTEREST IN MCCOY-COVE PROPERTY WILL BE BY SPENDING US$22.5 MILLION IN EXPLORATION BEFORE JUNE 30, 2022.PREMIER GOLD MINES LTD - EXPLORATION ON JOINT VENTURE PROPERTY IS EXPECTED TO BEGIN EARLY IN 2018.  Full Article

Skeena Resources Secures Option To Acquire Eskay Creek
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Skeena Resources Limited ::SKEENA SECURES OPTION TO ACQUIRE ESKAY CREEK & ANNOUNCES STRATEGIC INVESTMENT FROM BARRICK.SKEENA RESOURCES - SIGNS AGREEMENT WITH BARRICK GOLD GRANTING AN OPTION FOR CO TO ACQUIRE A 100% INTEREST IN PAST-PRODUCING ESKAY CREEK PROPERTY.SKEENA RESOURCES - AS PER OPTION AGREEMENT, CO MAY ACQUIRE 100% INTEREST IN ESKAY FOR PAYMENT TO BARRICK OF C$10 MILLION POST CERTAIN CONDITIONS.  Full Article

Acacia Mining says not to make any changes to $128 mln provision ‍​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - ACACIA MINING PLC ::DOES NOT INTEND TO MAKE ANY CHANGES TO ITS OWN $128 MILLION PROVISION DUE TO BARRICK’S ANNOUNCEMENT OF AN AGREEMENT OF A PROPOSED FRAMEWORK.ALSO BE ABLE TO ASSESS POTENTIAL IMPACT ON ACACIA'S HISTORICAL UNCERTAIN TAX POSITIONS‍​.  Full Article

Barrick Gold reports Q3 loss per share $0.01
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Barrick Gold Corp :Barrick reports third quarter 2017 results.Q3 adjusted earnings per share $0.16.Q3 loss per share $0.01.Q3 revenue $1.993 billion.Barrick Gold Corp - ‍narrowed full-year gold production guidance to 5.3-5.5 million ounces​.Barrick Gold Corp - ‍reduced total debt by nearly $1.5 billion year to date, exceeding target for 2017​.Barrick Gold Corp - qtrly copper production ‍115​ million pounds versus 100 million pounds.Barrick Gold Corp sees ‍full-year all-in sustaining costs of $740-$770 per ounce of gold​.Barrick Gold Corp - produced 1.243 million ounces of gold in q3 compared to 1.381 million ounces in prior-year period​.Barrick Gold Corp - qtrly copper all-in sustaining costs $‍2.24​ per pound versus $2.02 per pound.Barrick Gold Corp - ‍all-in sustaining costs for gold in Q3 were $772 per ounce, compared to $704 per ounce in Q3 of 2016​.Barrick Gold Corp - ‍full-year copper production guidance range has narrowed to 420-440 million pounds​.Barrick Gold Corp - ‍copper all-in sustaining cost guidance range has narrowed to $2.20-$2.40 per pound for fy​.Barrick Gold Corp - ‍net earnings in quarter impacted by tax provision of $172 million related to proposed framework for acacia's operations in Tanzania ​.Barrick Gold Corp - decrease in net earnings in quarter reflects lower gold production, lower gold prices, impact of tanzania's concentrate export ban on acacia.Barrick Gold Corp - ‍"goal is to reduce our total debt to $5 billion by end of 2018"​.  Full Article

Acacia says any proposal between Barrick, Tanzania would need co's approval
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Acacia Mining Plc ::ACACIA MINING - CONTINUES TO SEEK FURTHER CLARIFICATION ON TANZANIA DISCUSSIONS AND AS YET NO FORMAL PROPOSAL HAS BEEN PUT TO ACACIA FOR CONSIDERATION​.‍ANY PROPOSAL AGREED IN PRINCIPLE BETWEEN BARRICK AND GOVERNMENT WILL REQUIRE ACACIA'S APPROVAL​.‍ACACIA WILL CONSIDER ANY AGREEMENT ON TANZANIA ISSUE ONCE IT RECEIVES FULL DETAILS​.  Full Article

Acacia Mining ‍updates on discussions in Tanzania
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Acacia Mining Plc ::‍UPDATE ON DISCUSSIONS IN TANZANIA.‍ACACIA NOTES THAT GOVERNMENT OF TANZANIA (GOT) AND BARRICK GOLD CORP HOSTED A PRESS CONFERENCE IN TANZANIA TODAY TO PROVIDE AN UPDATE ON ONGOING DISCUSSIONS​​‍.NO FORMAL PROPOSAL HAS BEEN PUT TO ACACIA FOR CONSIDERATION AT THIS POINT IN TIME.‍ACACIA HAS JUST RECEIVED A COPY OF FRAMEWORK AGREEMENT REFERRED TO IN BARRICK'S RELEASE AND IS SEEKING FURTHER CLARIFICATION​.  Full Article

Barrick reports preliminary third quarter production results
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Barrick Gold Corp :Barrick reports preliminary third quarter production results.Barrick Gold Corp - ‍preliminary Q3 sales of 1.23 million ounces of gold, and 107 million pounds of copper​.Barrick Gold Corp - ‍preliminary Q3 production of 1.24 million ounces of gold​.Barrick Gold Corp - ‍as stated previously, expect higher production and lower costs in Q4​.Barrick Gold Corp - ‍operations remain on track for year, with Q3 gold and copper production in line with expectations​.Barrick Gold Corp - ‍preliminary Q3 production of 115 million pounds of copper​.  Full Article

Acacia says believes can return to positive cash generation in 2018
Monday, 4 Sep 2017 

Sept 4 (Reuters) - Acacia Mining Plc ::INTENTION TO REDUCE OPERATIONAL ACTIVITY AT BULYANHULU.DECISION DRIVEN BY UNSUSTAINABLE CASH OUTFLOWS AT MINE DUE TO CONCENTRATE BAN AND OPERATING ENVIRONMENT.DUE TO THIS CHANGE, ACACIA BELIEVES GROUP CAN RETURN TO POSITIVE CASH GENERATION IN 2018.TALKS BETWEEN BARRICK GOLD CORPORATION ("BARRICK") AND TANZANIAN GOVERNMENT ON-GOING.  Full Article

Barrick reports Q4 adjusted earnings per share $0.22
Thursday, 16 Feb 2017 

Barrick Gold Corp : Barrick reports 2016 full year and fourth quarter results . Q4 adjusted earnings per share $0.22 . Q4 earnings per share $0.36 . Q4 revenue $2.32 billion . Barrick Gold Corp - for 2017, production guidance is 5.60-5.90 million ounces of gold, at a cost of sales applicable to gold of $780-$820 per ounce . Barrick Gold Corp says intend to reduce our total debt by $2.9 billion, to $5 billion, by end of 2018 - half of which is being targeted in 2017 . Barrick Gold Corp - for 2018, we expect to produce 4.80-5.30 million ounces of gold, at a cost of sales applicable to gold of $790-$840 per ounce . Barrick Gold Corp - in 2019, we expect to produce 4.60-5.10 million ounces of gold, at a cost of sales applicable to gold of $800-$870 per ounce . Says expect to maintain annual production of at least 4.5 million ounces of gold through 2021. . Barrick Gold Corp - qtrly copper production 101 million pounds versus 138 million pounds last year . Barrick Gold Corp - gold production in Q4 was 1.52 million ounces . Barrick Gold Corp qtrly all-in sustaining costs for copper were $2.04 per pound versus $2.15 per pound last year . Barrick Gold Corp sees 2017 all-in sustaining costs for gold of $720-$770 per ounce. . Barrick Gold Corp qtrly all-in sustaining costs for gold were $730 per ounce, a reduction of 12 percent compared to 2015 . Barrick Gold Corp says Q4 revenue was $2.32 billion versus. $2.24 billion last year.  Full Article

UPDATE 2-Regulator orders Barrick to close Chile side of project

SANTIAGO/TORONTO, Jan 18 Environmental regulators ordered Barrick Gold Corp to close the Chilean side of its stalled Pascua-Lama mining project on Thursday, but reduced a 2013 fine for violations by more than 25 percent to $11.5 million.