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Last $6.70 USD
Change Today -0.36 / -5.10%
Volume 16.1M
ABX On Other Exchanges
Symbol
Exchange
Xetra
Toronto
Mexico
As of 8:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

barrick gold corp (ABX) Snapshot

Open
$7.02
Previous Close
$7.06
Day High
$7.02
Day Low
$6.62
52 Week High
08/13/14 - $19.36
52 Week Low
08/3/15 - $6.62
Market Cap
7.8B
Average Volume 10 Days
28.1M
EPS TTM
$0.24
Shares Outstanding
1.2B
EX-Date
05/27/15
P/E TM
28.5x
Dividend
$0.20
Dividend Yield
2.99%
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.

17,260 Employees
Last Reported Date: 02/19/15
Founded in 1983

barrick gold corp (ABX) Top Compensated Officers

Co-President
Total Annual Compensation: $1.0M
Co-President
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

Barrick Reportedly Poised to Sell More Gold Mines

Barrick Gold Corporation (TSX:ABX) is reportedly seeking sale of assets. Barrick Gold Corp. is likely to consider three other mines as leading candidates for sale as it works to cut the biggest debt in the gold industry. Barrick Gold Corp. is in advanced discussions to sell a 50% stake in its Zaldivar mine in Chile with final bids submitted last week by China Molybdenum Co., Ltd. (SEHK:3993), BHP Billiton Limited (ASX:BHP) and others, people familiar with the matter said last week. While Barrick Gold has said it only wants to sell a 50% stake in the mine, some of the bidders were expected to have submitted bids for the whole operation, which is valued at more than AUD 2 billion, the people said. If completed, Zaldivar would mark the last of three deals Barrick has pledged to complete this year. A Barrick spokesman declined to comment on on specific asset sales.

Final Bids Obtained For Zaldivar Copper Mine

Barrick Gold Corporation (TSX:ABX) has received final bids for Zaldivar copper mine. "BHP Billiton Limited (ASX:BHP), HudBay Minerals, Inc. (TSX:HBM), Teck Resources Limited (TSX:TCK.B) and China Molybdenum Co., Ltd. (SEHK:3993) are among the final bidders for the Chilean copper mine, according to Bloomberg," thestreet reported. Barrick is seeking to sell a 50% stake in the mine, which is valued at approximately $2 billion, but some of the offers it has received has been for the whole asset, according to Bloomberg sources.

BHP Billiton Reportedly Contender For Zaldivar

BHP Billiton Group-led consortium has emerged as a possible buyer for the acquisition of Zaldivar copper mine in Chile from Barrick Gold Corporation (TSX:ABX). Final bids for Zaldivar are due in July 1015. It has been speculated that BHP could lodge a second-round bid with Rio Tinto Group and a Mitsubishi Corporation (TSE:8058) led Japanese consortium. Barrick has offered up to 50% stake which could fetch $1 billion, but is understood to be open to a full sale.

 

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