Gold Giant Barrick Faces Grilling After Fall to Bottom of Pack
- Barrick under pressure to reward investors, boost production
- Newmont is on rival’s heels after surpassing by market value
Photographer: Carla Gottgens/Bloomberg
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Barrick Gold Corp. executives will have some explaining to do when the company releases full-year results Wednesday.
Even with rising gold prices and a strengthened balance sheet, the world’s largest gold producer left shareholders with the worst returns among its top North American peers last year and the third-worst performance in the 15-company BI Global Senior Gold Valuation Peers index.