Barrick Gold Corp. confirms that it has continued to engage in good faith with the Government of Mali to finalise an agreement that was fully negotiated and accepted by the Ministry of Finance in February 2025. From the outset of its engagement, Barrick has worked to find a constructive solution. In October 2024, it agreed to a framework aimed at achieving a comprehensive resolution of all outstanding disputes and paid [...]
Barrick Gold Corp. will release its Q1 2025 results on Wednesday, May 7, 2025. President and CEO Mark Bristow will host a live presentation of the results that day at 11:00 EDT, with an interactive webinar linked to a conference call. Participants will be able to ask questions. Q1 RESULTS ANNOUNCEMENT Q1 Results release May 7, 6:00 EDT / 10:00 UTC Q1 Results live presentation and webinar May 7, 11:00 EDT / 15:00 UTC Go to [...]
Barrick Gold Corp. - The Reko Diq Joint Venture shareholders have approved the project's updated Feasibility Study and conditionally approved the associated Phase 1 development capital subject to the closing of up to $3 billion limited recourse project financing, allowing the project to advance with major works in 2025, while maintaining the target for first production by the end of 2028. At the same time, the [...]
Barrick Gold Corp. has nominated Ben van Beurden and Pekka Vauramo for election to its Board of Directors at the company's Annual and Special Meeting of Shareholders on May 6, 2025. Ben van Beurden, former chief executive of Shell, brings four decades of global experience in the energy and natural resources sectors. At Shell, he led the company's strategic transformation from an oil-focused business to a diversified [...]
Having laid the foundation to build the world's most valued gold and copper company, Barrick Gold Corp. is now advancing its portfolio of growth projects to support a planned 30% growth in gold equivalent ounces by the end of the decade1, says chairman John Thornton. In the company's 2025 Information Circular, published today and available at www.barrick.com/agm as well as filed on SEDAR+ and EDGAR , Thornton said that [...]
Barrick Gold Corp. reinforced its commitment to growth, reporting significant progress of its key growth projects while achieving its production guidance and setting the stage for continued sustainable value creation, said president and chief executive Mark Bristow in the company's annual report published today. During the year, Barrick completed feasibility studies for the Lumwana Super Pit Expansion in Zambia and the [...]
Gold has been off to a strong start this year, surging about 40% since Jan, and according to Goldman Sachs, this momentum is likely to continue through the year. Having broken through the $2,900 barrier for the first time earlier last month, the price of the precious metal is predicted to top at least $3,100 per ounce by the end of 2025, driven by a number of factors. For starters, US President Donald Trump's decision to [...]
Barrick Gold Corp. 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 Relations Kathy du Plessis +44 20 7557 7738 [...]
Barrick Gold Corp. 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 [...]
Barrick Gold Corp. 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 [...]
Barrick Gold Corp. 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 [...]
Barrick Gold Corp. grew attributable proven and probable gold mineral reserves by 17.4 million ounces4 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 [...]