Barrick Gold Corp. 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 our third quarter release.1 Preliminary copper production of 420 million pounds for 2023 was [...]
Barrick Gold Corp. will release its Q4 2023 results on Wednesday, February 14, 2024. President and CEO Mark Bristow will host a live presentation of the results that day at 11:00 EST, with an interactive webinar linked to a conference call. Participants will be able to ask questions. The company will release its preliminary production, sales and [...]
It is with great sadness that the Board of Barrick Gold Corp. informs you of the passing of Gustavo Cisneros on December 29, 2023. Mr. Cisneros was an independent member of the Board from 2003, chairing its Environment, Social and Governance and Nomination Committee and serving as a member of the Compensation Committee. He was also a member of [...]
Barrick Gold Corp. - Following the formal completion of the Porgera Project Commencement Agreement today, work has started on the recommissioning of the Porgera gold mine in Papua New Guinea, which has been in care and maintenance since April 2020. This work is expected to be completed over the next few weeks, paving the way for mining and [...]
Barrick Gold Corp. - The US Bureau of Land Management has issued a Record of Decision approving Nevada Gold Mines' 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 in 2024 after the commissioning of the initial project infrastructure [...]
Barrick Gold Corp. announced today that the Porgera mine in Papua New Guinea is set to resume operations later this month and is expected to start pouring gold again in the first quarter of 2024. This follows the satisfaction of the conditions to the Porgera Project Commencement Agreement, in which a new ownership structure was agreed. Barrick [...]
Barrick Gold Corp. - The Copper Mark, Mining Association of Canada, ICMM and the World Gold Council today announced their intention to work together to consolidate their respective responsible mining standards into one single standard. Barrick supports this initiative and has been an advocate of this consolidation for many years. "Having one [...]
Barrick Gold Corp. announced today that on November 10, 2023, it purchased 7,000,000 warrants to purchase common shares of Hercules Silver Corp. for total consideration of C$6,580,000. The warrants were immediately exercised at their exercise price of C$0.11 per Hercules common share. Prior to its acquisition and exercise of the warrants, Barrick [...]
Barrick Gold Corp. announced today that it has agreed to subscribe for 21,265,370 units of Hercules Silver Corp. in a non-brokered private placement at a price of $1.10 per Unit, for total consideration of $23,391,907. Each Unit is comprised of one common share and 0.32 of a common share purchase warrant, where each whole warrant will entitle the [...]
Barrick Gold Corp. - Barrick's Q3 results showed improved production at lower costs and confirmed its long term growth forecast. President and chief executive Mark Bristow said the Q3 performance was an improvement on the previous quarter's and Q4 is expected to be better. Despite the projected second half improvement, gold production is forecast [...]
Barrick Gold Corp. today announced the declaration of a dividend of $0.10 per share for the third quarter of 2023. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q3 2023 dividend will be paid on December 15, 2023 to shareholders of record at the close of business on November 30, 2023 [...]
Barrick Gold Corp. - Governor General Sir Bob Dabae today granted a special mining lease to New Porgera Limited , clearing the way for Barrick Gold Corp. to restart production at the gold mine, which has been on care and maintenance for three years.1 This follows the signing of a mining development contract and the conclusion of a fiscal stability [...]
