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Last $12.76 USD
Change Today +0.11 / 0.87%
Volume 9.3M
ABX On Other Exchanges
New York
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

barrick gold corp (ABX) Snapshot

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52 Week High
07/10/14 - $19.49
52 Week Low
12/24/14 - $10.04
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Current Stock Chart for BARRICK GOLD CORP (ABX)

barrick gold corp (ABX) Related Businessweek News

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barrick gold corp (ABX) Details

Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, including the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. Its principal properties include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Zaldívar, and Lumwana mines; and its Pascua-Lama project. As of December 31, 2014, the company had proven and probable mineral reserves of 93.0 million ounces of gold and 9.6 billion pounds of copper. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

barrick gold corp (ABX) Top Compensated Officers

Total Annual Compensation: $1.0M
Total Annual Compensation: $940.2K
Senior Executive Vice President of Strategic ...
Total Annual Compensation: $169.8K
Compensation as of Fiscal Year 2014.

barrick gold corp (ABX) Key Developments

Gold Fields To Reportedly Bid At Potential Barrick Gold Mine Auctions

Gold Fields Ltd. (JSE:GFI) could be a bidder in the potential auctions of Barrick Gold Corporation (TSX:ABX)'s interests in Cowal mine and another mine in Papua New Guinea.

Barrick Reportedly To Sell Zaldvidar Copper Mine

Barrick Gold Corporation (TSX:ABX) would sell its Zaldivar copper mine in a heartbeat if it got a great offer. But Barrick is not currently running a sale process for the mine, and would likely demand a premium price for an asset that has performed well for two decades, the Financial Times newspaper said. Over the past few weeks, there have been rumours in the market that Barrick could be planning to sell Zaldivar. That speculation intensified after the Financial Times said Zaldivar may be in play. It cited X2 Resources Limited, run by mining kingpin Mick Davis, as a potential bidder for the Chilean mine. However, no deal appears to be imminent. It is understood that Barrick is not running a sale process for Zaldivar right now. Barrick is currently trying to sell its Porgera and Cowal mines to pay down its net debt, which tops $10-billion.

Barrick Gold Reportedly Seeks To Sell Chilean Copper Mine

Barrick Gold Corporation (TSX:ABX) is knonw to be eyeing sale of key Chilean copper mine as it tries to meet an ambitious debt reduction target to help restore its lustre for investors. Bankers and mining executives said the Chilean copper mine, would be of potential interest to a number of private equity vehicles, including X2 Resources Partners LP Inc. and Teck Resources Limited (TSX:TCK.B). A sale of the Zaldívar mine is expected to raise more than $1.5 billion. While X2 would be interested in Zaldívar, other interest could come from Chinese groups looking to acquire resources, one banker said. Barrick has not said it would definitely sell Zaldívar but would find a substantial offer difficult to resist for what has become a non-core commodity. Barrick could also try to keep a minority stake, said one person familiar with the company.


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