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Barrick Gold Corp (ABX.TO)

ABX.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Barrick Makes Strategic Investment In Midas Gold To Advance The Stibnite Gold Project, Idaho
Wednesday, 9 May 2018 07:30am EDT 

May 9 (Reuters) - Midas Gold Corp ::BARRICK MAKES STRATEGIC INVESTMENT IN MIDAS GOLD TO ADVANCE THE STIBNITE GOLD PROJECT, IDAHO.MIDAS GOLD CORP - BARRICK TO BUY 46.6 MILLION COMMON SHARES OF MIDAS IN PRIVATE PLACEMENT AT A PRICE OF C$1.06 PER SHARE.MIDAS GOLD- NON-BROKERED PRIVATE PLACEMENT TO RESULT IN BARRICK OWNING 19.9% OF ISSUED,OUTSTANDING SHARES IN MIDAS GOLD ON A POST-TRANSACTION BASIS.MIDAS GOLD CORP - TO ALSO USE PROCEEDS FROM PLACEMENT TO ADVANCE ITS STIBNITE GOLD PROJECT THROUGH TO COMPLETION OF A FEASIBILITY STUDY.MIDAS GOLD CORP - MIDAS GOLD AND BARRICK WILL ENTER INTO AN INVESTOR RIGHTS AGREEMENT ON CLOSING OF OFFERING.MIDAS GOLD CORP - CO WILL BE INCREASING BOARD SIZE FROM SEVEN TO EIGHT AND WILL BE APPOINTING AN INDEPENDENT DIRECTOR TO FILL THAT POSITION.  Full Article

Barrick Gold Executive Chairman's FY 2017 Total Compensation $7.7 Mln
Friday, 23 Mar 2018 05:28pm EDT 

March 23 (Reuters) - Barrick Gold Corp ::BARRICK GOLD CORP SAYS EXECUTIVE CHAIRMAN JOHN THORNTON'S FY 2017 TOTAL COMPENSATION WAS $7.7 MILLION VERSUS $8.5 MILLION IN FY 2016 - SEC FILING.  Full Article

Zijin Mining Comments On Impact Of Earthquake On Porgera Gold Mine
Tuesday, 27 Feb 2018 05:59am EST 

Feb 27 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::PORGERA GOLD MINE APPEARS UNAFFECTED BY EARTHQUAKE, BUT MINE'S PRIMARY POWER GENERATING FACILITY IN HIDES HAS SUSTAINED DAMAGE.PORGERA GOLD MINE IS OPERATING ON BACK-UP POWER AND SOME PRODUCTION ACTIVITIES HAVE BEEN SUSPENDED TO CONSERVE POWER..NO EMPLOYEES OF PORGERA GOLD MINE WERE INJURED DURING EARTHQUAKE OR DURING SUBSEQUENT AFTERSHOCKS..  Full Article

Barrick investment focus on Nevada, brownfield-CIO
Thursday, 22 Feb 2018 02:56pm EST 

Feb 22 (Reuters) - Barrick Gold Corp ::BARRICK GOLD'S MAJORITY OF INVESTMENT FOCUS NEXT 3-5 YEARS ON NEVADA AND 'BROWNFIELD' PROJECTS; 'IT'S GOING TO BE BORING, BUT IT IS LOW-RISK' -CHIEF INVESTMENT OFFICER HILL.  Full Article

Barrick Says Richard Williams Taking On New Role As Chairman's Executive Envoy To Tanzania
Thursday, 22 Feb 2018 08:41am EST 

Feb 22 (Reuters) - Barrick Gold Corp ::BARRICK OUTLINES ORGANIC INVESTMENTS TO DRIVE LONG-TERM VALUE.BARRICK - RICHARD WILLIAMS TAKING ON NEW ROLE AS CHAIRMAN'S EXECUTIVE ENVOY TO TANZANIA.BARRICK GOLD CORP - BETWEEN 2023 AND 2027, CURRENT PLANS INDICATE POTENTIAL FOR AVERAGE ANNUAL GOLD PRODUCTION ABOVE FOUR MILLION OUNCES.BARRICK - ASSIGNING RESPONSIBILITY FOR CO'S OPERATIONS GROUP TO GREG WALKER, SVP, OPERATIONAL & TECHNICAL EXCELLENCE.BARRICK - WILLIAMS HAS BEEN LEADING DISCUSSIONS WITH GOVERNMENT. OF TANZANIA TO RESOLVE OUTSTANDING ISSUES FACING ACACIA MINING PLC.BARRICK GOLD - INITIAL PRODUCTION FROM NEW THIRD SHAFT AT TURQUOISE RIDGE EXPECTED TO BEGIN IN 2022, SUSTAINED PRODUCTION EXPECTED TO BEGIN 2023.  Full Article

Acacia Mining Says Exploring Sale Of Stake In Some Or All Of Its Tanzanian Operations
Friday, 16 Feb 2018 11:50am EST 

Feb 16 (Reuters) - ACACIA MINING - :RESPONSE TO MEDIA SPECULATION​.COMMENCED A PROCESS TO EXPLORE VALUE TO COMPANY OF SALE OF A STAKE IN SOME OR ALL OF ITS TANZANIAN OPERATIONS​.‍CO IS ENGAGING WITH SMALL NUMBER OF POTENTIAL INVESTORS, AND THERE CAN BE NO CERTAINTY THAT AN AGREEMENT WILL BE REACHED​.‍COMPANY CONFIRMS THAT IT HAS NOT RECEIVED AN APPROACH FROM ANY THIRD PARTIES TO ACQUIRE SHARES IN COMPANY​.  Full Article

Barrick Q4 Loss Per Share $0.27
Wednesday, 14 Feb 2018 05:10pm EST 

Feb 14 (Reuters) - Barrick Gold Corp ::BARRICK REPORTS 2017 FULL YEAR AND FOURTH QUARTER RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.22.Q4 LOSS PER SHARE $0.27.Q4 REVENUE $2.23 BILLION.‍GOLD PRODUCTION GUIDANCE FOR 2018 IS 4.5-5.0 MILLION OUNCES​.‍COPPER PRODUCTION GUIDANCE FOR 2018 IS 385-450 MILLION POUNDS​.‍BASED ON CURRENT ASSET MIX, FROM 2019 TO 2022 EXPECT AVERAGE ANNUAL GOLD PRODUCTION TO BE BETWEEN 4.2-4.6 MILLION OUNCES​.INTEND TO REDUCE TOTAL DEBT TO AROUND $5 BILLION BY THE END OF 2018.GOLD PRODUCTION IN THE FOURTH QUARTER WAS 1.34 MILLION OUNCES COMPARED TO 1.52 MILLION OUNCES LAST YEAR‍​.IN 2017, REDUCED TOTAL DEBT BY $1.51 BILLION, OR 19 PERCENT.QTRLY COPPER PRODUCTION ‍99 MILLION POUNDS VERSUS 101 MILLION POUNDS.QTRLY ALL-IN SUSTAINING COSTS FOR COPPER $‍2.51​ PER POUND VERSUS $2.04 PER POUND.PROVEN AND PROBABLE GOLD RESERVES WERE 64.5 MILLION OUNCES, AS OF DECEMBER 31, 2017.‍ARE NOW EVALUATING AN UNDERGROUND, BLOCK-CAVING OPERATION AT PASCUA-LAMA​.QTRLY ALL-IN SUSTAINING COSTS FOR GOLD WERE $756 PER OUNCE VERSUS $732 PER OUNCE LAST YEAR.GOAL REMAINS TO REDUCE TOTAL DEBT FROM $6.4 BILLION AT PRESENT, TO AROUND $5 BILLION BY END OF 2018.IN 2018, EXPECT ALL-IN SUSTAINING COSTS FOR GOLD OF $765-$815 PER OUNCE‍​.BARRICK GOLD - ‍CONTINUE TO TARGET H1 2018 FOR COMPLETION OF A DETAILED PROPOSAL, RELATED TO AGREEMENT WITH GOVERNMENT. OF TANZANIA, FOR REVIEW BY ACACIA​.  Full Article

Barrick Gold Sets Quarterly Dividend Of $0.03 Per Share
Wednesday, 14 Feb 2018 05:09pm EST 

Feb 14 (Reuters) - Barrick Gold Corp ::SETS QUARTERLY DIVIDEND OF $0.03PER SHARE.  Full Article

Barrick Provides Update On Pascua-Lama Project
Tuesday, 6 Feb 2018 05:28pm EST 

Feb 6 (Reuters) - Barrick Gold Corp ::BARRICK PROVIDES UPDATE ON PASCUA-LAMA PROJECT.BARRICK GOLD - ‍RECLASSIFYING PASCUA-LAMA'S PROVEN AND PROBABLE GOLD RESERVES OF APPROXIMATELY 14 MILLION OUNCES AS MEASURED AND INDICATED RESOURCES​.BARRICK GOLD CORP - EXPECT TO RECORD AN ESTIMATED PRE-TAX IMPAIRMENT OF $429 MILLION AT PASCUA-LAMA IN Q4 OF 2017.BARRICK GOLD CORP - RESOLUTION FROM CHILE'S SMA DOES NOT AFFECT ONGOING EVALUATION OF UNDERGROUND, BLOCK-CAVING OPERATION AT PASCUA-LAMA.BARRICK GOLD CORP - COMPANY HAS FORMED A WORKING GROUP WITH SHANDONG GOLD TO STUDY A POTENTIAL PARTNERSHIP AT PASCUA-LAMA.  Full Article

Barrick Announces Investment In Royal Road Minerals Limited
Wednesday, 24 Jan 2018 08:10am EST 

Jan 24 (Reuters) - Barrick Gold Corp ::BARRICK ANNOUNCES INVESTMENT IN ROYAL ROAD MINERALS LIMITED.BARRICK GOLD CORP - ENTERED INTO SUBSCRIPTION AGREEMENT TO BUY 9.9 MILLION SHARES OF ROYAL ROAD MINERALS IN NON-BROKERED PRIVATE PLACEMENT AT $0.16/ SHARE.BARRICK GOLD - AFTER DEAL, CO WILL OWN ABOUT 21 MILLION ORDINARY SHARES, REPRESENTING ABOUT 12.5% OF ROYAL ROAD'S SHARES.  Full Article

BRIEF-Midas Gold Appoints An Additional Director

* MIDAS GOLD INCREASES BOARD SIZE TO EIGHT & APPOINTS AN ADDITIONAL DIRECTOR