The effectiveness of Barrick’s ESG strategy was a key factor in the past year’s performance. Annual Report 2023 Driving value, building growth A global platform with a peerless gold portfolio and rapidly growing copper portfolio, plus major growth projects, and a
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3 · Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver
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· Barrick Gold, the world’s largest gold miner by production, on Wednesday raised its gold output projection as it swung to a third-quarter profit, driven by higher prices and lower costs. Barrick
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· Barrick On Course to Achieve 2021 Production Targets. The average market price for gold in Q2 was $1,816 per ounce. Toronto — Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) (“Barrick” or the “Company”) today reported preliminary Q2 sales of 1.07 million ounces of gold and 96 million pounds of copper, as well as preliminary Q2
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· Goldrush Mine Gets Go-Ahead. Elko, Nevada – The US Bureau of Land Management has issued a Record of Decision (“ROD”) approving Nevada Gold Mines’ (“NGM”) plan of operations for its new Goldrush underground mine at the Cortez Complex near Beowawe, Nevada. The long-life mine is expected to start ramping up production
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Higher Q4 gold production delivers full year gold production of 4.05 million ounces. Another strong quarter for copper production results in full year copper production of
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Africa and Middle East 5-year Production Outlook. 1 Based on the midpoint of guidance range. Gold equivalent ounces (GEO) from copper assets are calculated using gold price of $1,948/oz for 2023 and $1,300 for 2024 to 2028; and copper price of $3.85/lb for 2023 and $3.00/lb for 2024 to 2028. Copper produced at the Lumwana Super Pit expansion is
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· Second Quarter 2023 Results All amounts expressed in US dollars Toronto — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is on target to meet its gold and copper production guidance for 2023 and continues to advance major projects which will drive value delivery in the long term through organic growth, president and chief
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· Key Performance Indicators. Solid start to the year from all operations. Gold production and costs were consistent with full year guidance. Debt, net of cash, down a further 17% to $1.85 billion with no significant maturities until 2033. Operating Cash Flow increased to $889 million and Free Cash Flow 1 to $438 million from Q4.
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· Advertisement. Canadian miner Barrick Gold on Tuesday reported lower-than-expected preliminary gold production for the first quarter hurt by planned maintenance at its mines. Barrick reported a
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TORONTO, January 16, 2024 — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “Company”) today reported preliminary full year and fourth quarter 2023 production results. On the back of higher Q4 production, preliminary gold production for the full year of 4.05 million ounces was consistent with our forecast as guided in
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· Barrick On Track to Achieve 2024 Targets. The average market price for gold in Q1 was $2,070 per ounce while the average market price for copper in Q1 was $3.83 per pound. TORONTO – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) ("Barrick" or the "Company") today reported preliminary Q1 production of 940 thousand
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Summary Barrick Gold reported softer Q3 results with lower gold production than planned and is expected to just miss the low end of its annual guidance. That said, the big picture remains as
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Driving value, building growth. A global platform with a peerless gold portfolio and rapidly growing copper portfolio, plus major growth projects, and a wealth of opportunities for further organic expansion. Download PDF. Organic Replacement of Reserves. Sets Us Apart. Gold Equivalent Production Growth. with Reko Diq and Lumwana Super Pit.
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· All amounts expressed in US dollars TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Barrick’s peerless gold and rapidly growing copper portfolios
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· Toronto — Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) (“Barrick” or the “Company”) today announced preliminary full year and fourth quarter 2021 production results, which demonstrate that despite the ongoing challenges posed by the Covid-19 pandemic, it has met its annual guidance targets for the third consecutive year.
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· For 2023, Barrick anticipates attributable gold production to be modestly below the bottom end of its earlier announced guidance range of 4.2-4.6 million ounces. AISC is projected to be $1,170
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· All amounts expressed in US$ Toronto – With the potential embedded in its growth project portfolio, Barrick plans to double its copper production by the end of the decade and continue to increase it to an estimated 1 billion pounds or 450,000 tonnes of copper per annum by 2031, says president and chief executive Mark Bristow. 1
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· As a Tier One mining complex, Loulo-Gounkoto ranks among the world’s largest gold producers. All amounts expressed in US dollars LOULO GOLD MINE, Mali – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and its predecessor, Randgold Resources, has been a valuable partner to Mali for 27 years and, in the face of many
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April 16 (Reuters)-Canadian miner Barrick Gold (ABX.TO) on Tuesday reported lower-than-expected preliminary gold production for the first quarter hurt by planned maintenance at its mines
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· Tanzanian Assets Deliver Record Production and Create Long-Term Value. Barrick has pumped $2.4 billion into the Tanzanian economy since 2019. Bulyanhulu gold mine, Tanzania – Barrick’s two gold mines in Tanzania, North Mara and Bulyanhulu, boosted their combined output to 547,000 1 ounces in 2022, achieving another step
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TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) (“Barrick” or the “Company”) today reported preliminary full year and fourth quarter 2023 production results. On the back of higher Q4 production, preliminary gold production for the full year of 4.05 million ounces was consistent with
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· Barrick’s Q3 results showed improved production at lower costs and confirmed its long term growth forecast. Barrick today announced the declaration of a dividend of $0.10 per share for the third quarter of 2023. The dividend is
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· Lower gold production and higher costs are likely to have affected Barrick's (GOLD) Q1 performance. Barrick Gold Corporation GOLD is scheduled to report first-quarter 2024 results before the
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Pueblo Viejo is located in the Dominican Republic, approximately 100 kilometers northwest of the capital city of Santo Domingo, and is operated by the Pueblo Viejo Dominicana Corporation — a joint venture between Barrick (60%) and Newmont (40%). Construction of the project started in 2008, and first production occurred in 2012.
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A world class copper-gold mine in the making. One of the largest undeveloped copper-gold projects in the world, Reko Diq is owned 50% by Barrick, 25% by three federal state-owned enterprises, 15% by the Province of Balochistan on a fully funded basis and 10% by the Province of Balochistan on a free carried basis. The reconstitution of the Reko
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· The North Mara gold mine is located in north-west Tanzania in the Tarime district of the Mara region. It is around 100 kilometres east of Lake Victoria and 20 kilometres south of the Kenyan border. North Mara started commercial production in 2002. The mine is a combined open pit and underground operation from two deposits, Gokona
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TORONTO, February 14, 2024A strong finish to 2023 — boosted Barrick’s full-year gold production to 4.05 million ounces and its copper output to 420 million pounds1 while its Tier One2 gold mines capitalized on a record gold price to deliver a robust financial
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· Barrick Gold Corp shares hit their lowest level since March 2020 on Thursday after the world's second-biggest gold miner reported a 30.1% drop in third-quarter profit due to weak production and higher costs. The cost increase was largely down to a 9% fall in gold production from 1.09 million ounces to 988,000 ounces, CEO Mark
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