Barrick reaffirms commitment to resolving environmental issues All amounts expressed in U.S. dollars On Thursday, March 14, the Supreme Court of Chile annulled the October 2018 administrative decision of the Antofagasta Environmental Court, which had rejected four of the five closure orders issued by Chile’s environmental regulator in January [...]
All amounts expressed in U.S. dollars On March 11, 2019, Barrick Gold Corp. and Newmont Mining Corp. signed an implementation agreement to create the world’s single largest gold producer at the Nevada complex, on completion of the joint venture . The JV operations produced approximately 4.1 million ounces in 2018, more than three times the [...]
Barrick President and Chief Executive Officer Mark Bristow said today that Newmont’s Nevada joint venture proposal reinforced the frustration Barrick has experienced in its efforts to unlock the value in the two companies’ assets in Nevada. “Newmont’s latest proposal is essentially based on the stale and convoluted process [...]
The Board of Directors and employees of Barrick Gold Corp. would like to extend their heartfelt sympathies to the family and friends of María Ignacia Benítez, who passed away today in Chile. “Ms. Benitez joined Barrick’s Board of Directors in April 2018, and quickly became a trusted advisor and cherished friend to the [...]
Please join us at 8:30 a.m. Eastern Time for an international investor and media conference call to discuss Barrick’s proposal for Newmont Mining Corp.. There will be an opportunity for analysts and investors to ask questions during the Q&A following the presentation. International Call/Webcast | Monday, February 25, 2019 05:30 PST &bull [...]
All-share transaction offering far superior value to Newmont’s proposed acquisition of Goldcorp At-market exchange ratio of 2.5694 Barrick shares for each Newmont share Over $7 billion net present value of real synergies1 Substantial NAV and cash flow accretion Strong executive leadership with demonstrated record of value creation Creation of [...]
Barrick Gold Corp. today confirmed that the Company has reviewed the opportunity to merge with Newmont Mining Corp. in an all-share nil premium transaction. No decision has been taken at this time. Enquiries: Investor & media relationsKathy du Plessis Email: barrick@dpapr.com Website: www.barrick.com...
All amounts expressed in U.S. dollars Barrick Gold Corp. is reviewing a range of new exploration opportunities and re-evaluating its existing operations and projects in Chile, the Company’s new president and chief executive officer Mark Bristow said here today. Speaking after a meeting with Minister of Mining Baldo Prokurica, Bristow said [...]
All amounts expressed in U.S. dollars Barrick Gold Corp. today announced that the Company, in its capacity as a facilitator, and the Government of Tanzania have arrived at a proposal that sets forth the commercial terms to resolve outstanding disputes concerning Acacia Mining plc’s operations in Tanzania. The Company will present this [...]
On his first visit to Papua New Guinea as the new President and CEO of Barrick Gold Corp. , Mark Bristow said the global mining group is committed to strengthening the Company’s partnership with the government and local communities, which has enabled the Porgera gold mine to deliver substantial benefits to PNG for almost 30 years. During his [...]
Barely six weeks after its merger with Randgold, Barrick is making good progress in achieving its short-term priority goals as well as its full year objectives, president and CEO Mark Bristow said here today. The ringing of the opening bell at the NYSE heralded the beginning of trading in the shares of the new company and was performed by [...]
All financial numbers are in US dollars unless otherwise stated On 22 January 2019, Randgold Resources Ltd. changed its name to Barrick Gold Limited, following the merger with Barrick Gold Corp. on 1 January 2019, however for the ease of understanding, we continue to refer to the company as Randgold in this report. Randgold had 95.2 million shares [...]
