Barrick Gold Corp.
TSX:ABX · Gold · Ontario, Canada (HQ); Nevada, Dominican Republic, Papua New Guinea, Mali, Tanzania
Company Profile
Barrick Gold is one of the world's largest gold mining companies, operating Tier One gold mines across the Americas, Africa, and Asia Pacific. The company's flagship assets include the Nevada Gold Mines joint venture (61.5% owned, operated by Barrick), Pueblo Viejo in the Dominican Republic, Loulo-Gounkoto in Mali, and Kibali in the Democratic Republic of Congo.
Barrick's strategy centres on operating Tier One assets — mines with at least 10-year life, annual production over 500,000 ounces, and total cash costs in the lower half of the industry cost curve. The company also maintains a growing copper portfolio through its Lumwana mine in Zambia and the Reko Diq project in Pakistan.
Under CEO Mark Bristow, Barrick has focused on organic growth, disciplined capital allocation, and returning cash to shareholders through dividends and buybacks. The company has significantly reduced debt since the 2019 merger with Randgold Resources and maintains one of the strongest balance sheets among senior gold producers.
- Exchange / Ticker
- TSX:ABX
- Jurisdiction
- Ontario, Canada (HQ); Nevada, Dominican Republic, Papua New Guinea, Mali, Tanzania
- Primary Commodity
- Gold
- About
- Barrick Gold is one of the world's largest gold mining companies, operating Tier One gold mines across the Americas, Africa, and Asia Pacific. The company's flagship assets include the Nevada Gold Mines joint venture (61.5% owned, operated by Barrick), Pueblo Viejo in the Dominican Republic, Loulo-Gounkoto in Mali, and Kibali in the Democratic Republic of Congo. Barrick's strategy centres on operating Tier One assets — mines with at least 10-year life, annual production over 500,000 ounces, and total cash costs in the lower half of the industry cost curve. The company also maintains a growing copper portfolio through its Lumwana mine in Zambia and the Reko Diq project in Pakistan. Under CEO Mark Bristow, Barrick has focused on organic growth, disciplined capital allocation, and returning cash to shareholders through dividends and buybacks. The company has significantly reduced debt since the 2019 merger with Randgold Resources and maintains one of the strongest balance sheets among senior gold producers.
- Website
- https://www.barrick.com
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