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Barrick Gold Corp (ABX)

ABX on New York Consolidated

16.33USD
21 Sep 2017
Change (% chg)

$-0.14 (-0.85%)
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$16.47
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Latest Key Developments (Source: Significant Developments)

Skeena exercises option to acquire Snip
Monday, 31 Jul 2017 04:19pm EDT 

July 31 (Reuters) - Skeena Resources Ltd -:Skeena exercises option to acquire Snip.Skeena Resources Ltd - exercised its option to acquire a 100 percent interest in past-producing, high-grade Snip Gold Property from BARRICK GOLD Corp.Skeena Resources - per terms of option agreement, co was required to issue to barrick a total of 3.3 million common shares of co.  Full Article

Barrick gold output seen heavier in fourth-quarter -COO
Thursday, 27 Jul 2017 09:09am EDT 

July 27 (Reuters) - Barrick Gold Corp :Barrick's second-half 2017 gold production will be weighted toward fourth quarter - Chief Operating Officer.Barrick expects higher Q3 cash and all-in sustaining costs, based on sales mix and capex timing -COO.Barrick appoints Jim Whittaker CEO of Minera Argentina - including Veladero mine; replaces GM Jorge Palmes -C00.Barrick ramp up at Veladero mine ahead of plan, confident in meeting 2017 output forecast -COO.  Full Article

Barrick Q2 adjusted earnings per share $0.22
Wednesday, 26 Jul 2017 05:02pm EDT 

July 26 (Reuters) - Barrick Gold Corp ::Barrick reports second quarter 2017 results.Q2 adjusted earnings per share $0.22.Q2 earnings per share $0.93.Q2 revenue $2.16 billion.Barrick gold corp - ‍total debt was reduced by $309 million in q2​.Q2 earnings per share view $0.18, revenue view $2.03 billion -- Thomson Reuters I/B/E/S.Barrick Gold Corp - ‍barrick will begin discussions with government of tanzania next week concerning concentrate export ban​.Barrick Gold Corp says produced 1.432 million ounces of gold in q2 at a cost of sales of $726 per ounce.Barrick Gold Corp says ‍expect higher cash flow in second half of year​.Barrick Gold Corp qtrly revenue $2,160‍​ million versus $ 2,012 million.Barrick gold corp - qtrly copper production 104‍​ million pounds versus 103 million pounds.Barrick gold corp - ‍continue to expect full-year gold production of 5.3-5.6 million ounces​.Barrick gold corp says based on sales mix and current expectations for timing of capital expenditures, expect costs to be higher in q3.Barrick gold corp - qtrly all-in sustaining costs for copper $2.38 ‍​ per pound versus $2.14 per pound.Barrick gold - ‍full-year gold production expectation at a cost of sales of $780-$820 per ounce, and all-in sustaining costs of $720-$770 per ounce​.Barrick gold -continue to expect fy production at veladero of 630,000-730,000 ounces of gold, at cost of sales of $740-$790 per ounce.  Full Article

Barrick Gold sets quarterly dividend of $0.03 per share
Wednesday, 26 Jul 2017 05:00pm EDT 

July 26 (Reuters) - Barrick Gold Corp :Sets quarterly dividend of $0.03 per share.  Full Article

Barrick Gold sets quarterly dividend of $0.03 per share
Wednesday, 26 Jul 2017 05:00pm EDT 

July 26 (Reuters) - Barrick Gold Corp :Sets quarterly dividend of $0.03 per share.  Full Article

Shandong Gold gets approval from China's commerce ministry to acquire stake in Argentina mine from Barrick Gold
Friday, 16 Jun 2017 04:17am EDT 

June 16 (Reuters) - Shandong Gold Mining Co Ltd <600547.SS>:Says it gets approval from China's commerce ministry to acquire 50 percent stake in Veladero gold mine in Argentina from Barrick Gold <<>>.  Full Article

Barrick meets with Government of Tanzania to commence negotiations
Wednesday, 14 Jun 2017 09:29am EDT 

June 14 (Reuters) - Barrick Gold Corp :Barrick meets with government of Tanzania to commence negotiations.Barrick - executive chairman met with president of Tanzania to discuss issues pertaining to Acacia Mining and current ban on mineral concentrate exports.Barrick Gold -‍ parties agreed to enter negotiations to seek resolution that is in "best interests" of all stakeholders, including Tanzania, Barrick, Acacia​.  Full Article

Barrick comments on release of second presidential committee report on concentrate exports in Tanzania
Monday, 12 Jun 2017 09:50am EDT 

June 12 (Reuters) - Barrick Gold Corp ::Barrick comments on release of second presidential committee report on concentrate exports in Tanzania.Believe negotiated resolution to ongoing dispute between Acacia Mining and Tanzania government is best way to achieve "fair and reasonable" outcome.Holds 63.9 percent equity interest in Acacia, publicly traded company listed on London Stock Exchange that is operated independently of Barrick​.Operations impacted by current ban on concentrate exports account for approximately six per cent of Barrick's 2017 gold production guidance.In total, Acacia accounts for approximately 10 percent of Barrick's 2017 gold production guidance.Company's current 2017 guidance assumes a contribution of 545,000-575,000 ounces of gold (63.9 percent basis) from Acacia.  Full Article

Shandong Gold Mining to apply for loans of up to $1.3 bln
Friday, 2 Jun 2017 10:25am EDT 

June 2 (Reuters) - Shandong Gold Mining Co Ltd <600547.SS>:Says to apply for loans totaling up to $1.26 billion from offshore units of two Chinese state-owned banks.Says loans raised to fund $960 million acquisition of 50 percent stake in the Veladero gold mine in Argentina from Barrick Gold Corp.  Full Article

Barrick Gold reports end of Veladero work stoppage, formal dialogue with union underway
Monday, 29 May 2017 02:51pm EDT 

May 29 (Reuters) - Barrick Gold Corp : :Barrick reports end of Veladero work stoppage, formal dialogue with union underway.Members of AOMA union at Veladero mine in San Juan province, Argentina, have ended a work stoppage that began on May 28.Continue to anticipate resumption of normal leaching activities at veladero in second half of june.Company has initiated a formal dialogue process with union leadership to address issues of concern.  Full Article

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Zambia sees copper output easing slightly this year

LUSAKA Zambia's copper production is expected to inch lower this year mainly due to lower output from Konkola Copper Mines, a subsidiary of London-listed Vedanta Resource, the mines ministry said on Monday.