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Barrick Gold Corp (ABX.TO)

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Latest Key Developments (Source: Significant Developments)

Acacia Mining says not to make any changes to $128 mln provision ‍​
Thursday, 26 Oct 2017 03:01am EDT 

Oct 26 (Reuters) - ACACIA MINING PLC ::DOES NOT INTEND TO MAKE ANY CHANGES TO ITS OWN $128 MILLION PROVISION DUE TO BARRICK’S ANNOUNCEMENT OF AN AGREEMENT OF A PROPOSED FRAMEWORK.ALSO BE ABLE TO ASSESS POTENTIAL IMPACT ON ACACIA'S HISTORICAL UNCERTAIN TAX POSITIONS‍​.  Full Article

Barrick Gold reports Q3 loss per share $0.01
Wednesday, 25 Oct 2017 05:05pm EDT 

Oct 25 (Reuters) - Barrick Gold Corp :Barrick reports third quarter 2017 results.Q3 adjusted earnings per share $0.16.Q3 loss per share $0.01.Q3 revenue $1.993 billion.Barrick Gold Corp - ‍narrowed full-year gold production guidance to 5.3-5.5 million ounces​.Barrick Gold Corp - ‍reduced total debt by nearly $1.5 billion year to date, exceeding target for 2017​.Barrick Gold Corp - qtrly copper production ‍115​ million pounds versus 100 million pounds.Barrick Gold Corp sees ‍full-year all-in sustaining costs of $740-$770 per ounce of gold​.Barrick Gold Corp - produced 1.243 million ounces of gold in q3 compared to 1.381 million ounces in prior-year period​.Barrick Gold Corp - qtrly copper all-in sustaining costs $‍2.24​ per pound versus $2.02 per pound.Barrick Gold Corp - ‍all-in sustaining costs for gold in Q3 were $772 per ounce, compared to $704 per ounce in Q3 of 2016​.Barrick Gold Corp - ‍full-year copper production guidance range has narrowed to 420-440 million pounds​.Barrick Gold Corp - ‍copper all-in sustaining cost guidance range has narrowed to $2.20-$2.40 per pound for fy​.Barrick Gold Corp - ‍net earnings in quarter impacted by tax provision of $172 million related to proposed framework for acacia's operations in Tanzania ​.Barrick Gold Corp - decrease in net earnings in quarter reflects lower gold production, lower gold prices, impact of tanzania's concentrate export ban on acacia.Barrick Gold Corp - ‍"goal is to reduce our total debt to $5 billion by end of 2018"​.  Full Article

Acacia says any proposal between Barrick, Tanzania would need co's approval
Friday, 20 Oct 2017 02:00am EDT 

Oct 20 (Reuters) - Acacia Mining Plc ::ACACIA MINING - CONTINUES TO SEEK FURTHER CLARIFICATION ON TANZANIA DISCUSSIONS AND AS YET NO FORMAL PROPOSAL HAS BEEN PUT TO ACACIA FOR CONSIDERATION​.‍ANY PROPOSAL AGREED IN PRINCIPLE BETWEEN BARRICK AND GOVERNMENT WILL REQUIRE ACACIA'S APPROVAL​.‍ACACIA WILL CONSIDER ANY AGREEMENT ON TANZANIA ISSUE ONCE IT RECEIVES FULL DETAILS​.  Full Article

Acacia Mining ‍updates on discussions in Tanzania
Thursday, 19 Oct 2017 10:51am EDT 

Oct 19 (Reuters) - Acacia Mining Plc ::‍UPDATE ON DISCUSSIONS IN TANZANIA.‍ACACIA NOTES THAT GOVERNMENT OF TANZANIA (GOT) AND BARRICK GOLD CORP HOSTED A PRESS CONFERENCE IN TANZANIA TODAY TO PROVIDE AN UPDATE ON ONGOING DISCUSSIONS​​‍.NO FORMAL PROPOSAL HAS BEEN PUT TO ACACIA FOR CONSIDERATION AT THIS POINT IN TIME.‍ACACIA HAS JUST RECEIVED A COPY OF FRAMEWORK AGREEMENT REFERRED TO IN BARRICK'S RELEASE AND IS SEEKING FURTHER CLARIFICATION​.  Full Article

Barrick reports preliminary third quarter production results
Thursday, 12 Oct 2017 07:20am EDT 

Oct 12 (Reuters) - Barrick Gold Corp :Barrick reports preliminary third quarter production results.Barrick Gold Corp - ‍preliminary Q3 sales of 1.23 million ounces of gold, and 107 million pounds of copper​.Barrick Gold Corp - ‍preliminary Q3 production of 1.24 million ounces of gold​.Barrick Gold Corp - ‍as stated previously, expect higher production and lower costs in Q4​.Barrick Gold Corp - ‍operations remain on track for year, with Q3 gold and copper production in line with expectations​.Barrick Gold Corp - ‍preliminary Q3 production of 115 million pounds of copper​.  Full Article

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

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Barrick Gold aims for final Tanzania deal by mid-2018

VANCOUVER Barrick Gold Corp said on Wednesday it would work with the government of Tanzania to find a way for a gold export ban to be lifted on its Acacia Mining unit and was aiming for a final agreement in the first half of 2018.