At a time when new copper opportunities are rare to non-existent, Barrick is demonstrating the value of its long-term growth strategy.
Barrick
Mining
Toronto, Ontario 759,363 followers
Our mission is to be the world's most valued gold and copper mining business.
About us
We are committed to partnering with our host countries and communities to transform their natural resources into tangible benefits for mutual prosperity.
- Website
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https://www.barrick.com
External link for Barrick
- Industry
- Mining
- Company size
- 10,001 employees
- Headquarters
- Toronto, Ontario
- Type
- Public Company
- Founded
- 1983
- Specialties
- Gold Mining and Copper Mining
Locations
Employees at Barrick
Updates
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💧💧💧 Steady, reliable access to water is critical to the effective operation of our mines. #WorldWaterWeek also reminds us that access to water is a fundamental human right. Working to manage and use water responsibly is core to our sustainability strategy, and we have a transparent and methodical approach to water stewardship, built on four central pillars: 1️⃣ Conserve and protect 2️⃣ Consider other users 3️⃣ Sitewide balances, monitoring and management plans 4️⃣ Honest and open disclosure Through our membership with ICMM we’re glad to see that water stewardship is a priority for peers in the mining and metals industry as well. Find out more about the collective action being taken ➡️ https://lnkd.in/emHTHCQZ
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Barrick’s sector-leading portfolio of Tier One gold mines is set to be significantly expanded.
Barrick’s Strategic Focus on Tier One Assets Delivers Two High-Potential Prospects in Nevada
Barrick on LinkedIn
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Watch Mark Bristow on CNBC discuss the gold price and Barrick’s plan for growth.
Record gold prices reflect global economic condition, says Barrick Gold CEO
cnbc.com
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Meet the first woman at Barrick Pueblo Viejo to operate the largest excavator at the mine. Marisol Mckenzie has been a heavy equipment operator at Pueblo Viejo for eight years. She initially started working on site as a contractor for a cleaning company — and didn’t want to leave without driving heavy equipment. Recently certified to operate the Hitachi 3600 excavator, Marisol says this field of work may look like a man’s job to many, but with the right passion, there are no barriers for anyone. At Barrick, our people are our greatest asset, and we continuously invest in our team through world-class training and development programs. The programs are tailored to local needs, covering technical, behavioral and informal learning, to help our people feel engaged, valued and empowered. #BarrickRD #UnLugarDeValor #MujerMinera #Género #BarrickPuebloViejo #GentedeClaseMundial
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On the back of our Q2 results, watch Mark Bristow speak with Matthew Miller and Sonali Basak on Bloomberg News. ✔️ The embedded value in Barrick ✔️ World-class assets starting to show themselves for what they are ✔️ 30% growth by the end of this decade ✔️ 2028 is a great time to bring new copper production into the world
Barrick Gold Is Being Careful About M&A, CEO Says
https://www.youtube.com/
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Delivering real and sustainable long-term value for our shareholders and stakeholders: ✔️ 30% decrease in Lost Time Injury Frequency Rate quarter on quarter ✔️ Q2 production in line with plan ✔️ 39% increase in group’s gold margins ✔️ Copper revenues up 34% quarter on quarter ✔️ Quarterly dividend maintained at $0.10 per share ✔️ Share buyback recommences ✔️ Debt, net of cash reduced by 12% quarter on quarter ✔️ On track for strong second half of 2024 ✔️ Fourmile – ten rigs drilling extensive definition program ✔️ Disciplined brownfields exploration on track to replace annual depletion and identify further upside opportunities
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Highlights from Barrick’s Q2 2024 Results ✅ 24% increase in net earnings per share quarter on quarter to $0.21 ✅ 68% increase in adjusted net earnings per share to $0.32 ✅ Attributable EBITDA up 42% to $1,289m ✅ Quarterly dividend $0.10/sh https://lnkd.in/gC2K_YYv Barrick President and CEO Mark Bristow will host a live presentation of the results today at 11:00 AM ET, with an interactive webinar linked to a conference call. https://lnkd.in/g4eASwBd The Q2 presentation materials will be available on our website and the webinar will remain online for later viewing.
Key Projects Advance as Barrick Keeps Tight Focus on Value Creation and Growth
barrick.com
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Today, on International Day of the World’s Indigenous Peoples, we honor the Great Basin Tribes of Nevada to include the Western Shoshone, Paiute, and Goshute Tribes, all located in northern Nevada (and parts of Utah, Idaho, and Oregon). Land acknowledgement recognizes that our mining footprint is located on the aboriginal lands of our ten partner tribes. NGM recognizes and respects the relationship between Indigenous Peoples and their traditional territories. This is why, for over 20 years, we have created partnerships with our ten partner tribes through dialogue and collaboration to create sustainable programs within their tribal communities. Through these partnerships, we have developed programs for education, health, cultural preservation, and community infrastructure. #IndigenousPeoplesDay
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