All amounts expressed in U.S. dollars The Kibali gold mine produced 807,2511 ounces of gold in 2018, above its target of 750,000 ounces and 35% higher than its output the previous year. This was achieved on the back of the successful ramp-up in underground production and a steady improvement in the processing plant recovery and throughput. Barrick [...]
All amounts expressed in U.S. dollars ABIDJAN, Côte d’Ivoire, Jan. 24, 2019 -- After nine months of intermittent production caused by illegal strikes and social unrest, the Tongon gold mine returned to normal in the last quarter of 2018 and achieved its revised production target of 230,000 ounces for the year. Speaking at a media [...]
The Loulo-Gounkoto complex in Mali posted a fourth consecutive quarterly improvement in gold production, despite an illegal work stoppage that caused it to miss its full year production guidance of 690,000 ounces by four percent. In addition to this, 2018 was a record throughput year of more than five million tonnes at close to the complex’s [...]
All amounts expressed in U.S. dollars Today Barrick Gold Corp. announced preliminary full year gold production of 4.53 million ounces for 2018, in line with the Company’s guidance of 4.5-5.0 million ounces, and preliminary full year gold sales of 4.54 million ounces. Preliminary fourth quarter gold production was 1.26 million ounces, and [...]
All amounts expressed in U.S. dollars unless otherwise indicated Barrick Gold Corp. , owners of the Lumwana copper mine, says it is continuing to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for the operation. Subsequent to the first Lumwana board meeting following the Barrick/Randgold [...]
Barrick Gold Corp. will release its fourth quarter results to end December 2018 on Wednesday, February 13, 2019. President and CEO Mark Bristow will host a live presentation on the results at 11:00 a.m. EST at Barrick’s head office in Toronto on that day. The presentation will be linked to a webcast and conference call. Release of Q4 [...]
Trading in the shares of the new company created by the merger of Barrick Gold and Randgold Resources started at the opening of business on the New York and Toronto Stock Exchanges this morning. The ringing of the opening bell at the NYSE was performed by the company’s executive chairman, John Thornton, accompanied by the president and chief [...]
All amounts expressed in U.S. dollars unless otherwise indicated Barrick Gold Corp. today announced that its Board of Directors has declared a dividend for the fourth quarter of 2018 of $0.07 per share, payable on January 14, 2019, to shareholders of record at the close of business on December 28, 2018. This will result in an annual dividend of [...]
Barrick Gold Corp. today announced that the Royal Court of Jersey has sanctioned the scheme of arrangement by which the recommended share-for-share merger of Barrick and Randgold is being implemented. All conditions of the scheme have now been satisfied or waived, and the merger is expected to close on January 1, 2019, following the delivery of a [...]
All amounts expressed in Canadian dollars unless otherwise indicated Barrick Gold Corp. announced today that it has agreed to exercise its participation right in connection with a private placement offering by Reunion Gold Corp. . Barrick has agreed to acquire up to an additional 12,600,000 common shares of Reunion at a price of $0.18 per share [...]
Barrick Gold Corp. and Randgold Resources Ltd. will be holding joint Investor Days in London, New York, and Toronto over the next week. Presentation materials for the Investor Day, and a link to the webcast for the first event, to be held tomorrow in London, are expected to be available on the Barrick website by 8:00 a.m. Toronto time at [...]
Barrick Gold Corp. today announced that the Company’s shareholders have voted to approve the issuance of Barrick common shares in connection with the Merger of Barrick and Randgold Resources Ltd. , and the continuance of Barrick to the Province of British Columbia under the Business Corporations Act . The issuance of Barrick common shares in [...]