Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last --
Change Today 0.00 / 0.00%
Volume 0.0
ABX On Other Exchanges
Symbol
Exchange
New York
Xetra
Toronto
Mexico
Bogota
All times are local (Market data is delayed by at least 15 minutes).

barrick gold corp (ABX) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
1.2B
EX-Date
05/27/15
P/E TM
--
Dividend
$0.18
Dividend Yield
--
Current Stock Chart for BARRICK GOLD CORP (ABX)

barrick gold corp (ABX) Related Businessweek News

View More BusinessWeek News

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 Gold Corporation Forms a Strategic Partnership with Zijin Mining Group Co., Ltd

Barrick Gold Corporation (Barrick) announced that it has formed a strategic partnership with Zijin Mining Group Co. Ltd. Both companies have signed a long-term strategic cooperation agreement which outlines the intent of Barrick and Zijin to collaborate on future projects and joint investments, leveraging the strengths of each company. The Company added that Zijin will buy a 50% stake in Barrick Niugini Limited (BNL). The Company informed that under the new structure, Zijin and Barrick will jointly control BNL after the sale, which is expected to be completed in the third quarter of 2015. Barrick informed that under the strategic cooperation agreement, both the Companies will explore long-term opportunities to collaborate on future projects. Furthermore, substantial synergies and value may be realized by bringing to Barrick the expertise and relationships that Zijin offers, including, leading Chinese engineering and construction skills, low-cost capital from Chinese institutions and Chinese machinery, equipment other critical suppliers that are in line with world-class standards of quality at competitive costs. The Company informed that in the new structure, BNL will be jointly controlled by Barrick-Zijin Board of Directors which will consist of three nominees each of both the companies. As per the release, the current BNL management team will remain in place, with incumbent Executive General Manager, Greg Walker, who was nominated by Barrick as the first Executive Managing Director. Meanwhile, Zijin will nominate the first Chairman of the Board and Deputy Managing Director.

Barrick Gold Corporation Announces Resignation of Ned Goodman as Board of Director

Barrick Gold Corporation announced that Ned Goodman has resigned from the company's Board of Directors in order to focus on a new business venture in resources and other hard assets.

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.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ABX:CB $0.00 COP 0.00

ABX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Antofagasta PLC 585.00 GBp 0.00
Fortescue Metals Group Ltd A$1.90 AUD +0.015
Fresnillo PLC 646.00 GBp 0.00
Newmont Mining Corp $17.67 USD +0.03
Polyus Gold International Ltd 175.00 GBp 0.00
View Industry Companies
 

Industry Analysis

ABX

Industry Average

Valuation ABX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BARRICK GOLD CORP, please visit www.barrick.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.