Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: barrick.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/27/2025 | $21.00 → $18.00 | Buy → Neutral | BofA Securities |
1/21/2025 | Sector Outperform → Sector Perform | Scotiabank | |
11/25/2024 | Sector Outperform → Neutral | CIBC | |
10/30/2024 | $23.00 → $22.00 | Buy → Neutral | UBS |
8/29/2024 | Hold → Buy | Argus | |
2/29/2024 | $15.00 → $21.00 | Buy | Jefferies |
2/26/2024 | Buy → Hold | Argus | |
1/8/2024 | Outperform → Mkt Perform | Bernstein | |
2/13/2023 | $19.00 | Outperform → Neutral | Exane BNP Paribas |
9/12/2022 | $18.00 | Neutral | Goldman |
TORONTO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that it has filed technical reports for each of the Reko Diq Project and the Lumwana Expansion Project in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The technical reports are available on SEDAR+ at www.sedarplus.ca, EDGAR at www.sec.gov and on the Company's website. Enquiries Investor and Media RelationsKathy du Plessis+44 20 7557 7738Email: [email protected] Website: www.barrick.com
Fourth Quarter and Full Year 2024 ResultsAll amounts expressed in US dollars TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) delivered a strong performance in Q4, increasing gold production by 15% and copper production by 33% over Q3 to meet its annual guidance for the year. Additionally, gold cost of sales1 and total cash costs2 for the quarter were reduced by 3% and 5%, respectively. The results for the year, released today, report a 69% increase in net earnings to $2.14 billion, a 51% increase in adjusted net earnings3 to $2.21 billion and a 30% rise in attributable EBITDA4 to $5.19 billion for 2024 — the highest in over a decade. Year-
All amounts expressed in US dollars TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") announced today that it plans to undertake a new share repurchase program for the buyback of its common shares. Barrick's Board of Directors has authorized a new program for the repurchase of up to $1.0 billion of the Company's outstanding common shares over the next 12 months at prevailing market prices in accordance with applicable law. In connection with the new share repurchase program, Barrick has terminated the share repurchase program announced by the Company on February 14, 2024. The Company repurchased $498 million in common sh
All amounts expressed in US dollars TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today announced the declaration of a dividend of $0.10 per share for the fourth quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q4 2024 dividend will be paid on March 17, 2025 to shareholders of record at the close of business on February 28, 2025. In addition to the quarterly dividends, Barrick repurchased 28.675 million shares during the year under the share buyback program that was announced in February 2024, including 21 million shares during Q4 2024. "
All amounts expressed in US dollars TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) grew attributable proven and probable gold mineral reserves by 17.4 million ounces4 (23%) before 2024 depletion. Attributable proven and probable mineral reserves now stand at 89 million ounces at 0.99g/t2, increasing from 77 million ounces at 1.65g/t3 in 2023. The year-on-year change was led by the conversion of Reko Diq copper-gold resources to mineral reserves, adding 13 million ounces of gold at 0.28g/t2 on an attributable basis, following the completion of the feasibility study. Significantly, before the addition of Reko Diq, Barrick delivered a fourth consecut
TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) will release its Q4 2024 results on Wednesday, February 12, 2025. 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. Q4 RESULTS ANNOUNCEMENTQ4 Results releaseFebruary 12, 6:00 EST / 11:00 UTCQ4 Results live presentation and webinarFebruary 12, 11:00 EST / 16:00 UTCGo to the webinarConference call linked to webinarFebruary 12, 11:00 EST / 16:00 UTC Register in advance for expedited accessUS/Canada (toll-free)1 844 763 8274UK (toll)+44 20 3795 9972Internatio
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock from the site to a custodial bank, further preventing the shipment and sale of the gold. As a result, Barrick has regrettably initiated the temporary suspension of operations while it continues to work towards a resolution. Barrick remains committed to constructive engagement with the Malian government and all stakeholders to find an amicable sol
TORONTO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has received notice of an unsolicited mini-tender offer made by TRC Capital Investment Corporation (TRC Capital) to purchase up to 5,000,000 of Barrick's common shares, representing approximately 0.29% of Barrick's outstanding common shares, at a below-market price of C$21.35 per share. Barrick does not endorse this unsolicited offer, is not in any way affiliated or associated with TRC Capital or its offer, and recommends that shareholders do not tender their shares to this unsolicited mini-tender offer. Barrick cautions shareholders that the mini-tender offer has been made at a price below market pri
TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim attachment order has now been issued against the existing gold stock on site which further prevents its export and disrupts normal operations. Barrick believes the interim attachment order is unwarranted and is in contravention of the agreed dispute resolution mechanisms. Barrick's president and CEO Mark Bristow says the inability to ship gold not only affects operations but has broader implications for the local economy, the 8,000 employees and its many local service providers. If this issu
TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de Gounkoto SA, have submitted a request for arbitration to the International Centre for the Settlement of Investment Disputes (ICSID), in accordance with the provisions of their respective Mining Conventions with the State of Mali, to address matters of disagreement regarding the Loulo-Gounkoto complex. This step reflects Barrick's commitment to adhering to established processes for resolving disputes in a fair and transparent manner. The arbitration mechanism, provided for under the Somilo
6-K - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
SD - BARRICK GOLD CORP (0000756894) (Filer)
6-K - BARRICK GOLD CORP (0000756894) (Filer)
BofA Securities downgraded Barrick from Buy to Neutral and set a new price target of $18.00 from $21.00 previously
Scotiabank downgraded Barrick from Sector Outperform to Sector Perform
CIBC downgraded Barrick from Sector Outperform to Neutral
UBS downgraded Barrick from Buy to Neutral and set a new price target of $22.00 from $23.00 previously
Argus upgraded Barrick from Hold to Buy
Jefferies resumed coverage of Barrick with a rating of Buy and set a new price target of $21.00 from $15.00 previously
Argus downgraded Barrick from Buy to Hold
Bernstein downgraded Barrick from Outperform to Mkt Perform
Exane BNP Paribas downgraded Barrick from Outperform to Neutral and set a new price target of $19.00
Goldman initiated coverage of Barrick with a rating of Neutral and set a new price target of $18.00
SC 13G/A - BARRICK GOLD CORP (0000756894) (Subject)
SC 13G - BARRICK GOLD CORP (0000756894) (Subject)
TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced that the nominees listed in the Information Circular for the 2024 Annual Meeting of Shareholders were elected as directors of Barrick. Detailed results of the vote for the election of directors, the appointment of auditors, the advisory resolution on executive compensation and the shareholder proposal are set out below. Voting results for the election of each of the directors are as follows: NomineeVotes For% ForVotes Withheld% WithheldMark Bristow1,025,169,37199.27%7,581,8790.73%Helen Cai1,008,580,39697.66%24,170,8542.34%Christopher L. Coleman836,610,71781.01%196,140,53318.99%Isela A. Cos
All amounts expressed in US dollars TORONTO, Dec. 10, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced today that the Porgera mine in Papua New Guinea (PNG) 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 president and chief executive Mark Bristow said the reopening of the mine represented another victory for the company's host-country partnership model which had been very successful in Tanzania and had also been adopted for i
VANCOUVER, BC, May 24, 2023 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX:GOLD) (NYSE:GLDG) is pleased to announce the voting results from the Company's annual general and special meeting held on May 24, 2023 (the "Meeting") and is delighted to welcome Anna Tudela to the Company's board of directors (the "Board"). A total of 38,060,586 common shares of the Company were present in person or by proxy at the Meeting, representing a quorum of 22.62% of the Company's outstanding common shares as at the record date of March 30, 2023. Shareholders voted in favour of all matters brought before them at the Meeting, which matters are discussed in detail in the Company's managemen
TORONTO, May 02, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – A significant majority of shares voted at Barrick's annual meeting today supported the three resolutions put to shareholders. Detailed results of the vote for the election of directors, the appointment of auditors and the advisory resolution on executive compensation are set out below. NomineeVotes For% ForVotes Withheld% WithheldD. Mark Bristow1,074,974,15199.48%5,585,5100.52%Helen Cai1,049,777,73097.15%30,781,9312.85%Gustavo A. Cisneros936,611,36986.68%143,948,29213.32%Christopher L. Coleman1,002,380,93992.76%78,178,7227.24%Isela Costantini1,068,790,36398.91%11,769,2981.09%J. Michael Evans970,278,8
TORONTO, May 03, 2022 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – An overwhelming majority of shares voted at the meeting supported the three resolutions put to shareholders at Barrick Gold Corporation's annual meeting today. Each of the eleven nominee directors listed in the Information Circular for the 2022 Annual Meeting of Shareholders was elected with at least 87% of the vote, the appointment of PricewaterhouseCoopers LLP as auditors received 88% of the vote and the advisory resolution on the company's approach to executive compensation gained 93% of the vote. Executive chairman John Thornton said the board was gratified by the outcome and thanked shareholder
LONDON, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) today announced the appointment of Hongyu Cai to its Board as an independent director. Ms Cai is a finance and investment professional with close to two decades of experience. After graduating from Massachusetts Institute of Technology (MIT), she worked firstly with Goldman Sachs Group (GS) in the United States and then with China International Capital Corporation (CICC) in the Greater China region until spring 2021. When covering the American natural resources sector in New York with GS as an equity research analyst, Ms Cai was highly ranked by StarMine. Subsequently, she followed the US technology
All amounts expressed in US dollars TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- At today's virtual annual and special meeting of Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX), the $750 million return of capital distribution proposed by the company's board was supported by over 99% of the shares voted at the meeting. This will be paid in three tranches in the course of 2021. More than 90% of the shares voted also approved resolutions on the election of directors and Barrick's approach to executive compensation, in what executive chairman John Thornton said was a strong show of support for Barrick's long-term growth strategy. "As owners of five of the top ten gold producing operations in th
Fourth Quarter and Full Year 2024 ResultsAll amounts expressed in US dollars TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) delivered a strong performance in Q4, increasing gold production by 15% and copper production by 33% over Q3 to meet its annual guidance for the year. Additionally, gold cost of sales1 and total cash costs2 for the quarter were reduced by 3% and 5%, respectively. The results for the year, released today, report a 69% increase in net earnings to $2.14 billion, a 51% increase in adjusted net earnings3 to $2.21 billion and a 30% rise in attributable EBITDA4 to $5.19 billion for 2024 — the highest in over a decade. Year-
All amounts expressed in US dollars TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today announced the declaration of a dividend of $0.10 per share for the fourth quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q4 2024 dividend will be paid on March 17, 2025 to shareholders of record at the close of business on February 28, 2025. In addition to the quarterly dividends, Barrick repurchased 28.675 million shares during the year under the share buyback program that was announced in February 2024, including 21 million shares during Q4 2024. "
TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) will release its Q4 2024 results on Wednesday, February 12, 2025. 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. Q4 RESULTS ANNOUNCEMENTQ4 Results releaseFebruary 12, 6:00 EST / 11:00 UTCQ4 Results live presentation and webinarFebruary 12, 11:00 EST / 16:00 UTCGo to the webinarConference call linked to webinarFebruary 12, 11:00 EST / 16:00 UTC Register in advance for expedited accessUS/Canada (toll-free)1 844 763 8274UK (toll)+44 20 3795 9972Internatio
All amounts expressed in US dollars NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) said today it was making significant progress in building a business for the future with a peerless Tier One1 focused asset portfolio and a strategy that continues to uncover and unlock value, while also fostering productive partnerships in its host countries. Speaking in New York to investors at an in-depth presentation on the group's position, achievements and plans, president and chief executive Mark Bristow said that since the merger, Barrick had generated $23 billion in operating cash flow, invested $15 billion in its operations and growth projects — effe
Third Quarter 2024 ResultsAll amounts expressed in U.S. dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) dealt with ongoing challenges and made significant progress on many fronts in the third quarter of the year to keep its annual production and cost guidance within reach on the back of the strong performance anticipated in Q4. Gold production was in line with that of the previous quarter while copper production was up 12% quarter on quarter. The Company said it was on track for a materially improved Q4, driven by the continuing ramp-up of the Pueblo Viejo plant expansion, increased throughput at Nevada Gold Mines and higher grades at Kiba
All amounts expressed in US dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the third quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q3 2024 dividend will be paid on December 16, 2024 to shareholders of record at the close of business on November 29, 2024. Barrick also repurchased an additional 4.725 million shares during the third quarter under the $1 billion share buyback program that was announced in February 2024, bringing the total repurchases during the year to 7.675 million shares. "T
All amounts expressed in US dollars TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today reported preliminary Q3 production of 943 thousand ounces of gold and 48 thousand tonnes of copper, as well as preliminary Q3 sales of 967 thousand ounces of gold and 42 thousand tonnes of copper. The Company continues to expect a materially stronger Q4 to deliver 2024 production within the range of its full year gold and copper guidance. The average market price for gold in Q3 was $2,474 per ounce while the average market price for copper in Q3 was $4.18 per pound. Preliminary Q3 gold production was in line with Q2. Pueblo Viejo
TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Barrick (NYSE:GOLD)(TSX:ABX) will release its Q3 2024 results on Thursday, November 7, 2024. President and CEO Mark Bristow will host a live presentation of the results that day in London, UK, at 11:00 EST / 16:00 UTC, 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 cost information for Q3 2024 on October 16, 2024. Release of Q3 preliminary production, sales and cost informationOctober 16, 07:00 EDT / 11:00 UTC Q3 RESULTS ANNOUNCEMENT Q3 Results releaseNovember 7, 06:00 EST / 11:00 UTCQ3 Results live presentation and webinarNovem
Second Quarter 2024 ResultsAll amounts expressed in U.S. dollars TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today reported increased earnings and production for its second quarter, in line with guidance, and said the Company was on track for a strong second half of the year. Net earnings1 were up 25% and the attributable EBITDA margin2 was up 17% quarter on quarter to 48% with strong operating cash flows of $1.16 billion and a material increase in free cash flow3 to $340 million. Net earnings per share were up 24% to $0.21, adjusted net earnings per share3 increased by 68% to $0.32, and the quarterly dividend was maintained at $0.10 per s
All amounts expressed in US dollars TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the second quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022. The Q2 2024 dividend will be paid on September 16, 2024 to shareholders of record at the close of business on August 30, 2024. In addition to the dividend, Barrick repurchased 2.95 million shares during the second quarter under the $1 billion share buyback program that was announced in February 2024. "The continued strength of our balance sheet and our world class