ound channel samples; 577 surface channel samples; 204 metallurgical samples; and 20 muck samples. Goldrush The Goldrush project, which is located 6 kilometers southeast of the Cortez Hills mine and 24 kilometers southeast of the Pipeline mine on 100% company-owned property in Nevada, is advancing through a prefeasibility study. As of December 31, 2014, the Goldrush project had 10.6 million ounces of measured and indicated resources and 4.9 million ounces of inferred resources. Jabal Sayid Jabal Sayid is an advanced copper project in Saudi Arabia located approximately 350 kilometers northeast of the Red Sea port of Jeddah and 120 kilometers southeast of Medina. In 2014, the company formed a joint venture with Saudi Arabian Mining Company, which is 50% owned by the Saudi Arabian government, to operate the Jabal Sayid project. Donlin Gold and Cerro Casale The Donlin Gold project is a large, primarily refractory gold deposit located in Southwestern Alaska. Cerro Casale, on a 100% basis, had total proven and probable gold and copper mineral reserves of 23.2 million ounces of gold and 5.8 billion pounds of contained copper as of December 31, 2014. Kabanga The company is party to a joint-venture agreement with Glencore Canada Corporation with respect to the Kabanga nickel deposit and related mineral licenses in Tanzania. Kabanga has a total estimated measured and indicated resource of 37.2 million tonnes grading 2.63% nickel and an inferred resource of 21 million tonnes grading 2.6% nickel. Dispositions In 2014, the company completed the sale of its Plutonic mine in Australia. Strategy The company’s exploration strategy focuses on finding new discoveries; replacing and adding reserves and resources at its existing operations and development projects; and identifying and delivering exploration upside following acquisitions. Significant Events In May 2015, Barrick Gold Corporation announced that it has formed a strategic partnership with Zijin Mining Group Co. Ltd. In July 2015, 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. In July 2015, Barrick Gold Corporation announced that it has reached an agreement to sell 50% interest in the Zaldívar copper mine in Chile to Antofagasta Plc for a total consideration of $1.005 billion in cash, forming a new partnership with one of the copper companies. As joint venture partners, Barrick and Antofagasta will work together to maximize the value of the Zaldívar mine, leveraging the collective expertise and experience of both companies. In August 2015, Barrick Gold Corporation announced that it has completed the formation of a strategic joint venture with Zijin Mining Group Co. Ltd, including the sale of a 50% interest in Barrick (Niugini) Limited. History Barrick Gold Corporation was founded in 1983.
barrick gold corp (ABX:New York)
TD Canada Trust Tower
161 Bay Street, PO Box 212
Toronto, ON M5J 2S1
|Freeport-McMoRan Inc||$8.25 USD||+0.15|
|Fresnillo PLC||715.00 GBp||0.00|
|Goldcorp Inc||C$15.67 CAD||+0.21|
|Newcrest Mining Ltd||A$10.91 AUD||-0.44|
|Polyus Gold International Ltd||214.25 GBp||+15.00|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
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.