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United States

Barrick Gold Corp (ABX.TO)

ABX.TO on Toronto Stock Exchange

25.45CAD
23 Aug 2019
Change (% chg)

$0.49 (+1.96%)
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Latest Key Developments (Source: Significant Developments)

Barrick Does Not Have 'For Sale' Sign On Tongon Mine In Ivory Coast, Massawa Project In Senegal-CEO
Monday, 12 Aug 2019 01:30pm EDT 

Aug 12 (Reuters) - Barrick Gold Corp ::BARRICK DOES NOT HAVE 'FOR SALE' SIGN ON TONGON MINE IN IVORY COAST, MASSAWA PROJECT IN SENEGAL, BUT OPEN TO OPTIONS -CEO MARK BRISTOW.BARRICK SPENDING ON EXPLORATION AT TONGON, BUT COULD SELL AS PART OF BIGGER TRANSACTION, POSSIBLY WITH MASSAWA -CEO.BARRICK ALSO OPEN TO ACQUIRING ASSETS FROM JUNIOR MINERS IN IVORY COAST TO EXTEND TONGON MINE LIFE -CEO.IF BARRICK SELLS MASSAWA, PREPARED TO TAKE EQUITY STAKE IN BUYER -CEO.  Full Article

Barrick Gold Qtrly Net Earnings Were $0.11 Per Share
Monday, 12 Aug 2019 07:00am EDT 

Aug 12 (Reuters) - Barrick Gold Corp ::STRONG Q2 POINTS TO ANNUAL PRODUCTION AT TOP END OF GUIDANCE RANGE FOR BARRICK.Q2 PRODUCTION OF 1.353 MILLION OUNCES OF GOLD.ANNUAL GOLD PRODUCTION IS EXPECTED TO BE AT UPPER END OF 2019 GUIDANCE RANGE WITH COST METRICS AT LOWER END OF RANGES.QTRLY NET EARNINGS WERE $0.11 PER SHARE.QTRLY ADJUSTED NET EARNINGS OF $0.09 PER SHARE.NEVADA GOLD MINES, JOINT VENTURE, IS ON TRACK TO DELIVER SYNERGIES OF UP TO $500 MILLION PER YEAR IN FIRST FIVE YEARS.BARRICK GOLD - QTRLY REVENUE $2,063 MILLION VERSUS $1,712 MILLION.Q2 EARNINGS PER SHARE VIEW $0.09, REVENUE VIEW $2.15 BILLION -- REFINITIV IBES DATA.SEES FY TOTAL ATTRIBUTABLE CAPITAL EXPENDITURES $1,400 MILLION - $1,700 MILLION.IS ACTIVELY SEEKING TO EXTEND LIFE OF ITS TONGON GOLD MINE.SEES FY GOLD PRODUCTION 5.1 MILLION OUNCES - 5.6 MILLION OUNCES.SEES FY COPPER PRODUCTION 375 MILLION LBS - 430 MILLION LBS.QTRLY GOLD AISC $869/OUNCE VERSUS $856/OUNCE.BARRICK GOLD - QTRLY COPPER PRODUCTION 97 MILLION POUNDS VERSUS 83 MILLION POUNDS.SEES FY GOLD AISC $870/OUNCE - $920/OUNCE.BARRICK GOLD - QTRLY COPPER AISC $2.28 PER POUND VERSUS $3.04 PER POUND.SEES FY COPPER AISC $2.40/LB - $2.90/LB.  Full Article

Barrick Gold Sets Quarterly Dividend Of $0.04Per Share
Monday, 12 Aug 2019 06:58am EDT 

Barrick Gold Corp ::SETS QUARTERLY DIVIDEND OF $0.04PER SHARE.ELIMINATION OF DISCOUNT UNDER ITS DIVIDEND REINVESTMENT PLAN EFFECTIVE AUGUST 12.BARRICK - DIVIDEND PAYABLE ON SEPT 16, WILL NOT BE ELIGIBLE TO BE REINVESTED AT A DISCOUNT UNDER PLAN.  Full Article

Barrick Reports Preliminary Q2 Sales Of 1.37 Mln Ounces Of Gold And 96 Mln Pounds Of Copper
Thursday, 18 Jul 2019 07:00am EDT 

July 18 (Reuters) - Barrick Gold Corp ::BARRICK REPORTS PRELIMINARY SECOND QUARTER PRODUCTION RESULTS.BARRICK GOLD CORP - PRELIMINARY Q2 SALES OF 1.37 MILLION OUNCES OF GOLD AND 96 MILLION POUNDS OF COPPER.BARRICK GOLD CORP - PRELIMINARY Q2 PRODUCTION OF 1.35 MILLION OUNCES OF GOLD AND 97 MILLION POUNDS OF COPPE.BARRICK GOLD CORP - AVERAGE MARKET PRICE FOR GOLD IN Q2 WAS $1,309 PER OUNCE.BARRICK GOLD CORP - AVERAGE MARKET PRICE FOR COPPER IN Q2 WAS $2.77 PER POUND.BARRICK GOLD - PRELIMINARY Q2 COPPER SALES AND PRODUCTION WERE SLIGHTLY LOWER THAN Q1 OF YEAR, PRIMARILY AS A RESULT OF LOWER PRODUCTION AT LUMWANA.BARRICK GOLD CORP - PRELIMINARY Q2 GOLD SALES AND PRODUCTION ARE IN LINE WITH BASE SET IN Q1.BARRICK GOLD CORP - Q2 GOLD COSTS PER OUNCE ARE EXPECTED TO BE MARGINALLY HIGHER THAN Q1 2019..BARRICK GOLD CORP - PRELIMINARY Q2 COPPER SALES, PRODUCTION WERE SLIGHTLY LOWER THAN Q1, PRIMARILY AS A RESULT OF LOWER PRODUCTION AT LUMWANA..BARRICK GOLD CORP - 2019 COPPER PRODUCTION AND COST GUIDANCE IS UNCHANGED..  Full Article

Barrick Says Kibali Gold Mine Remains On Track To Meet Or Beat Its Production Forecast Of 750,000 Ounces For 2019
Tuesday, 16 Jul 2019 12:00pm EDT 

July 16 (Reuters) - Barrick Gold Corp ::BARRICK GOLD CORP - KIBALI GOLD MINE REMAINS ON TRACK AT THE YEAR'S HALFWAY POINT TO MEET OR BEAT ITS PRODUCTION FORECAST OF 750,000 OUNCES FOR 2019.  Full Article

Barrick Gold Corp Announces Reko Diq Arbitration Award
Monday, 15 Jul 2019 07:08am EDT 

July 15 (Reuters) - Barrick Gold Corp ::BARRICK ANNOUNCES REKO DIQ ARBITRATION AWARD.BARRICK GOLD CORP - ICSID HAS AWARDED $5.84 BILLION IN DAMAGES TO TETHYAN COPPER COMPANY PTY LIMITED.BARRICK GOLD CORP - DAMAGES INCLUDE COMPENSATION OF $4.087 BILLION IN RELATION TO FAIR MARKET VALUE OF REKO DIQ PROJECT AT TIME MINING LEASE WAS DENIED.BARRICK GOLD CORP - DAMAGES INCLUDE INTEREST UNTIL DATE OF AWARD OF $1.753 BILLION.BARRICK GOLD CORP - DAMAGES INCLUDE COMPENSATION OF $4.087 BILLION IN RELATION TO FAIR MARKET VALUE OF REKO DIQ PROJECT AT TIME MINING LEASE WAS DENIED.BARRICK GOLD CORP - DAMAGES INCLUDE INTEREST UNTIL DATE OF AWARD OF $1.753 BILLION..BARRICK GOLD CORP - ICSID AWARDED DAMAGES TO TETHYAN, A JOINT VENTURE HELD EQUALLY BY BARRICK AND ANTOFAGASTA PLC.  Full Article

Acacia Says PUSU Deadline For Barrick Offer Extended To July 19
Tuesday, 9 Jul 2019 11:51am EDT 

July 9 (Reuters) - Acacia Mining PLC ::ACACIA AGREES TO BARRICK'S REQUEST FOR AN EXTENSION OF PUSU DEADLINE.PUSU EXTENSION IS TO ALLOW BARRICK MORE TIME TO REVIEW CPR AND FACILITATE FURTHER ENGAGEMENT WITH ACACIA ON TERMS OF PROPOSAL.TO ALLOW BARRICK TO FACILITATE FURTHER ENGAGEMENT WITH CO ON TERMS OF PROPOSAL, BARRICK REQUESTED CO SEEK EXTENSION TO PUSU DEADLINE.PUSU DEADLINE FOR BARRICK'S OFFER FOR ACACIA EXTENDED TO NOT LATER THAN 5.00PM ON 19 JULY.SRK CONSULTING'S REVIEW CONCLUDED CO'S PROCESSES USED IN FORMULATING LIFE OF MINE PLAN SCENARIOS, RESOURCE & RESERVE STATEMENTS ARE "ROBUST".PREFERRED AND HIGH VALUE SCENARIOS, WHICH SUPPORT CO'S LIFE OF MINE PLANS, IMPLY VALUATION RANGE OF 271-281 PENCE PER ACACIA SHARE.LOW VALUE SCENARIO, WHICH IS CONSIDERED HIGHLY CONSERVATIVE BY COMPANY, IMPLIES VALUE OF 203 PENCE PER ACACIA SHARE.  Full Article

Barrick Gold Corp Concludes Transaction Establishing Nevada Gold Mines LLC
Monday, 1 Jul 2019 09:00am EDT 

July 1 (Reuters) - Barrick Gold Corp ::BARRICK GOLD CORP - SUCCESSFULLY CONCLUDED TRANSACTION ESTABLISHING NEVADA GOLD MINES LLC..BARRICK GOLD CORP - NEVADA GOLD MINES IS TARGETING PRODUCTION OF BETWEEN 1.8 AND 1.9 MILLION OUNCES FOR SECOND HALF OF 2019..BARRICK GOLD CORP - NEVADA GOLD MINES TARGETING PRODUCTION AT A PRELIMINARY ESTIMATED COST OF SALES OF $940 TO $970 PER OUNCE FOR SECOND HALF OF 2019.BARRICK GOLD CORP - NEVADA GOLD MINES IS TARGETING PRODUCTION AT AISC OF $920 TO $950 PER OUNCE FOR SECOND HALF OF 2019..  Full Article

Barrick Announces Further Investment In Midas Gold
Tuesday, 11 Jun 2019 08:00am EDT 

Barrick Gold Corp ::BARRICK ANNOUNCES FURTHER INVESTMENT IN MIDAS GOLD.BARRICK GOLD CORP - WILL ACQUIRE 7,274,142 COMMON SHARES OF MIDAS GOLD CORP.BARRICK GOLD CORP - OFFERING IS EXPECTED TO CLOSE ON OR ABOUT JUNE 19, 2019.BARRICK GOLD CORP - BARRICK WILL OWN APPROXIMATELY 19.9 PERCENT OF OUTSTANDING COMMON SHARES OF MIDAS GOLD, ON A NON-DILUTED BASIS.BARRICK GOLD CORP - BARRICK WILL PURCHASE ADDITIONAL COMMON SHARES OF MIDAS GOLD AT OFFERING PRICE OF C$0.60 PER SHARE.BARRICK GOLD CORP - BARRICK IS ACQUIRING COMMON SHARES FOR INVESTMENT PURPOSES.  Full Article

Barrick Gold Presents Proposal To Acquire Shares In Acacia Through Share For Share Exchange
Tuesday, 21 May 2019 06:56pm EDT 

May 21 (Reuters) - Barrick Gold Corp ::UPDATE CONCERNING ACACIA MINING PLC (“ACACIA”).PROPOSAL IMPLIES A VALUE FOR ACACIA OF $787 MILLION AND TOTAL CONSIDERATION TO MINORITY SHAREHOLDERS OF ACACIA OF $285 MILLION.BARRICK GOLD- CO PRESENTED PROPOSAL TO ACQUIRE SHARES IN ACACIA THROUGH SHARE FOR SHARE EXCHANGE OF 0.153 BARRICK SHARES FOR EACH ORDINARY SHARE OF ACACIA.PROPOSAL ASSUMES THAT NO FURTHER DIVIDENDS WILL BE PAID BY ACACIA FOLLOWING DATE OF PROPOSAL.  Full Article

CANADA STOCKS-TSX set to open higher as oil prices rise

Aug 19 Futures pointed to a higher opening for Canada's main stock index on Monday as crude prices rose after an attack on a Saudi oil facility by Yemeni separatists during the weekend.