Edition:
India

Barrick Gold Corp (ABX.TO)

ABX.TO on Toronto Stock Exchange

30.39CAD
3 Dec 2020
Change (% chg)

$-0.60 (-1.94%)
Prev Close
$30.99
Open
$31.27
Day's High
$31.27
Day's Low
$30.19
Volume
4,151,967
Avg. Vol
5,058,279
52-wk High
$41.09
52-wk Low
$17.52

Latest Key Developments (Source: Significant Developments)

Barrick Gold Reports Kibali Mine Is On Track To Deliver At Upper End Of Its 2020 Guidance
Friday, 23 Oct 2020 

Oct 22 (Reuters) - Barrick Gold Corp ::BARRICK GOLD CORP - KIBALI MINE IS ON TRACK TO DELIVER AT UPPER END OF ITS 2020 GUIDANCE.  Full Article

Bullfrog Gold Corp Signs Definitive Agreements With Barrick And Augusta
Monday, 12 Oct 2020 

Oct 12 (Reuters) - Bullfrog Gold Corp ::BULLFROG GOLD CORP. SIGNS DEFINITIVE AGREEMENTS WITH BARRICK AND AUGUSTA.BULLFROG GOLD CORP - UPON COMPLETION OF TRANSACTION, BARRICK AND AUGUSTA WILL BECOME SIGNIFICANT SHAREHOLDERS IN BULLFROG.  Full Article

Anglogold Ashanti, Barrick Agree To Sell Morila Mine Stake To Mali Lithium
Monday, 31 Aug 2020 

Aug 31 (Reuters) - AngloGold Ashanti Ltd ::JSE: ANG - ANGLOGOLD ASHANTI AND BARRICK AGREE TO SELL MORILA MINE STAKE TO MALI LITHIUM.ANGLOGOLD ASHANTI - ANGLOGOLD ASHANTI AND BARRICK GOLD HAVE AGREED TO SELL THEIR EFFECTIVE 80% STAKE IN MORILA GOLD MINE IN MALI, TO MALI LITHIUM..ANGLOGOLD ASHANTI - MALI LITHIUM WILL BUY MORILA LIMITED, A JERSEY-BASED COMPANY, WHICH IS EQUALLY OWNED BY ANGLOGOLD AND BARRICK.ANGLOGOLD ASHANTI - CONSIDERATION PAYABLE FOR PURCHASE IS ESTIMATED AT BETWEEN US$22 MLN AND US$27 MLN.ANGLOGOLD ASHANTI - ANGLOGOLD ASHANTI ESTIMATES THAT ITS SHARE OF NET CONSIDERATION WILL BE APPROXIMATELY US$10M OR LESS.  Full Article

Barrick Q2 Adjusted Earnings Per Share $0.23
Monday, 10 Aug 2020 

Aug 10 (Reuters) - Barrick Gold Corp ::BARRICK Q2 2020 RESULTS: SOLID OPERATING PERFORMANCE MAINTAINS PRODUCTION WITHIN GUIDANCE.Q2 ADJUSTED EARNINGS PER SHARE $0.23.Q2 EARNINGS PER SHARE $0.20.Q2 RESULTS SHOW YEAR-TO-DATE GOLD PRODUCTION OF 2.4 MILLION OUNCES.Q2 EARNINGS PER SHARE VIEW $0.19 -- REFINITIV IBES DATA.QTRLY REVENUE $3.06 BILLION VERSUS $2.06 BILLION.QTRLY REALIZED GOLD PRICE $1,725/OUNCE VERSUS $1,317/OUNCE.QTRLY GOLD PRODUCTION 1.1 MILLION OUNCES VERSUS 1.4 MILLION OUNCES.QTRLY COPPER PRODUCTION 120 MILLION POUNDS VERSUS 97 MILLION POUNDS.QTRLY GOLD AISC $1,031/OUNCE VERSUS $869/OUNCE.QTRLY COPPER ALL-IN SUSTAINING COSTS $2.15 PER POUND VERSUS $2.28 PER POUND.SEES 2020 GOLD PRODUCTION ATTRIBUTABLE PRODUCTION 4.6 MILLION OZ - 5 MILLION OZ.AT GROUP LEVEL, ALL BARRICK'S SIGNIFICANT EXPANSION PROJECTS REMAIN ON TRACK.SEES 2020 ATTRIBUTABLE CAPITAL EXPENDITURES $1.6 BILLION - $1.9 BILLION.Q2 REVENUE VIEW $2.90 BILLION -- REFINITIV IBES DATA.  Full Article

Barrick Declares Dividend For Q2 Of 2020 Of U.S. $0.08 Per Share
Monday, 10 Aug 2020 

Aug 10 (Reuters) - Barrick Gold Corp ::BARRICK DECLARES DIVIDEND.BARRICK GOLD CORP - DECLARED A DIVIDEND FOR Q2 OF 2020 OF US $0.08 PER SHARE, A 14% INCREASE ON PREVIOUS QUARTER'S DIVIDEND.  Full Article

Barrick Gold Says Kibali Mine Beat Its 2019 Production Guidance Of 750,000 Ounces Of Gold, Delivering 814,027 Ounces
Monday, 27 Jan 2020 

Jan 27 (Reuters) - Barrick Gold Corp ::BARRICK GOLD - KIBALI MINE BEAT ITS 2019 PRODUCTION GUIDANCE OF 750,000 OUNCES OF GOLD, DELIVERING 814,027 OUNCES.  Full Article

Saracen Mineral Completes Acquisition Of 50% Of Kalgoorlie Super Pit
Friday, 29 Nov 2019 

Nov 29 (Reuters) - SARACEN MINERAL HOLDINGS LTD::SARACEN COMPLETES ACQUISITION OF 50% OF KALGOORLIE SUPER PIT.  Full Article

Saracen Mineral Holdings Says Super Pit Stake Transaction Is Now Unconditional
Monday, 25 Nov 2019 

Nov 25 (Reuters) - Saracen Mineral Holdings Ltd ::SUPER PIT ACQUISITION NOW UNCONDITIONAL.ENTERED ADDITIONAL GOLD HEDGES OF 200,000 OUNCES OF GOLD AVERAGE OF A$2,187 PER OUNCE, WITH SCHEDULED DELIVERIES OUT TO DEC QUARTER 2022.SUPER PIT STAKE TRANSACTION IS NOW UNCONDITIONAL AND SET FOR COMPLETION ON 29TH NOVEMBER 2019.HEDGING FOLLOWS DRAWDOWN OF A$400M DEBT TO PARTIALLY FUND RECENT ACQUISITION OF 50% OF SUPER PIT.  Full Article

Barrick Does Not Have 'For Sale' Sign On Tongon Mine In Ivory Coast, Massawa Project In Senegal-CEO
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Barrick Gold Corp ::BARRICK DOES NOT HAVE 'FOR SALE' SIGN ON TONGON MINE IN IVORY COAST, MASSAWA PROJECT IN SENEGAL, BUT OPEN TO OPTIONS -CEO MARK BRISTOW.BARRICK SPENDING ON EXPLORATION AT TONGON, BUT COULD SELL AS PART OF BIGGER TRANSACTION, POSSIBLY WITH MASSAWA -CEO.BARRICK ALSO OPEN TO ACQUIRING ASSETS FROM JUNIOR MINERS IN IVORY COAST TO EXTEND TONGON MINE LIFE -CEO.IF BARRICK SELLS MASSAWA, PREPARED TO TAKE EQUITY STAKE IN BUYER -CEO.  Full Article

Barrick Gold Qtrly Net Earnings Were $0.11 Per Share
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Barrick Gold Corp ::STRONG Q2 POINTS TO ANNUAL PRODUCTION AT TOP END OF GUIDANCE RANGE FOR BARRICK.Q2 PRODUCTION OF 1.353 MILLION OUNCES OF GOLD.ANNUAL GOLD PRODUCTION IS EXPECTED TO BE AT UPPER END OF 2019 GUIDANCE RANGE WITH COST METRICS AT LOWER END OF RANGES.QTRLY NET EARNINGS WERE $0.11 PER SHARE.QTRLY ADJUSTED NET EARNINGS OF $0.09 PER SHARE.NEVADA GOLD MINES, JOINT VENTURE, IS ON TRACK TO DELIVER SYNERGIES OF UP TO $500 MILLION PER YEAR IN FIRST FIVE YEARS.BARRICK GOLD - QTRLY REVENUE $2,063 MILLION VERSUS $1,712 MILLION.Q2 EARNINGS PER SHARE VIEW $0.09, REVENUE VIEW $2.15 BILLION -- REFINITIV IBES DATA.SEES FY TOTAL ATTRIBUTABLE CAPITAL EXPENDITURES $1,400 MILLION - $1,700 MILLION.IS ACTIVELY SEEKING TO EXTEND LIFE OF ITS TONGON GOLD MINE.SEES FY GOLD PRODUCTION 5.1 MILLION OUNCES - 5.6 MILLION OUNCES.SEES FY COPPER PRODUCTION 375 MILLION LBS - 430 MILLION LBS.QTRLY GOLD AISC $869/OUNCE VERSUS $856/OUNCE.BARRICK GOLD - QTRLY COPPER PRODUCTION 97 MILLION POUNDS VERSUS 83 MILLION POUNDS.SEES FY GOLD AISC $870/OUNCE - $920/OUNCE.BARRICK GOLD - QTRLY COPPER AISC $2.28 PER POUND VERSUS $3.04 PER POUND.SEES FY COPPER AISC $2.40/LB - $2.90/LB.  Full Article

UPDATE 1-Egypt awards 11 companies concessions in mining bid round

CAIRO, Nov 19 Egypt has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration, Petroleum Minister Tarek El Molla said on Thursday. Among the companies awarded concessions were Australia's Centamin, Canadian companies B2Gold, Barrick Gold, Lotus Gold, Red Sea resources and Britain's AKH Gold.