Barrick Gold Corporation
About Barrick Gold Corporation
Overview
Barrick Gold Corporation is one of the largest gold mining companies in the world, with a portfolio of world-class assets located in mining-friendly jurisdictions across North and South America, Africa, and the Middle East. The company is committed to responsible mining practices and maintaining its position as a leading gold producer.
Operations
Barrick operates several Tier One gold assets, including the Nevada Gold Mines joint venture (61.5% owned), Pueblo Viejo in the Dominican Republic, Loulo-Gounkoto in Mali, and Kibali in the Democratic Republic of Congo. The company also produces significant amounts of copper as a by-product at several operations.
Strategy
The company's strategy focuses on maximizing value from its Tier One assets, maintaining a strong balance sheet, delivering sustainable returns to shareholders through dividends, and pursuing disciplined growth through exploration and strategic partnerships. Barrick has set industry-leading sustainability goals including achieving net-zero Scope 1 and 2 emissions by 2050.
Key Projects
Key development projects include Reko Diq in Pakistan (50% owned), which is one of the world's largest undeveloped copper-gold projects, and multiple expansion opportunities at existing operations in Nevada and other jurisdictions.
Primary Commodities
Financial Metrics
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Quick Facts
- Ticker Symbol
- GOLD
- Market Cap
- Large Cap
- Category
- Gold
- Commodities
- Gold, Copper
- Headquarters
- Toronto, Canada
- Founded
- 1983
- Employees
- ~16,000
Operating Countries
Producing Assets
- •Nevada Gold Mines (USA)
- •Pueblo Viejo (Dominican Republic)
- •Loulo-Gounkoto (Mali)
- •Kibali (DRC)
- •Bulyanhulu (Tanzania)
- •North Mara (Tanzania)
Development Assets
- •Reko Diq (Pakistan)
- •Jabal Sayid (Saudi Arabia)
- •Goldrush (USA)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.