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    ABX   CA0679011084

BARRICK GOLD CORPORATION

(ABX)
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Delayed Toronto Stock Exchange  -  05/27 04:15:19 pm EDT
26.18 CAD   -0.72%
05/27Gold Edges Higher Amid Signs US Inflation is Rising Less than Expected
MT
05/27August Gold Contract Closes Up US$3.40; Settles at US$1,857.30 per Ounce
MT
05/27Gold Edges Higher Despite Signs US Inflation is Rising Less than Expected
MT
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Barrick Gold Corporation Achieves Its Commitment to Bring the Operation's Tailings Storage Facility's Pond Back Within Its Permitted Design Capacity

12/29/2021 | 07:45am EDT

Barrick Gold Corporation announced that it had achieved its commitment to bring the operation's tailings storage facility's (TSF) pond back within its permitted design capacity by the end of this year. Barrick made the commitment to the Tanzanian government when it took over control of the mine in September 2019, at a time when the country's National Environment Management Council (NEMC) had closed down the TSF, then holding significantly more water than it should. The company's chief operating officer for Africa and the Middle East, Willem Jacobs, described the achievement of the target as a huge milestone for North Mara and its team, who had made a herculean effort to bring the badly neglected TSF into line with international best practice as well as Barrick's own tailings management standards. Barrick spent over $65 million on the project, increasing the water treatment plant's capacity 16-fold from 2.5 million litres per day to 40 million litres per day. The addition of a brine treatment plant has reduced the volume of salts in the effluent water, enabling it to be stored safely. North Mara will continue to monitor the TSF's performance and will engage regularly with the relevant authorities to ensure that its high standards are maintained. This includes the analysis of drinking water wells and surface water sources surrounding the mine.


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All news about BARRICK GOLD CORPORATION
05/27Gold Edges Higher Amid Signs US Inflation is Rising Less than Expected
MT
05/27August Gold Contract Closes Up US$3.40; Settles at US$1,857.30 per Ounce
MT
05/27Gold Edges Higher Despite Signs US Inflation is Rising Less than Expected
MT
05/27Barrick Gold Investing Up To US$70 Million In Social, Infrastructure Projects in Tanzan..
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05/27BARRICK GOLD BRIEF : Announces Major Social, Skills and Infrastructure Investment in Tanza..
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05/27Barrick Announces Major Social, Skills and Infrastructure Investment in Tanzania
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05/26Gold Manages a Small Gain Despite Rising Equities as the Dollar Weakens
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05/26August Gold Contract Closes Up US$1.40; Settles at US$1,853.90 per Ounce
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05/26Gold Edges Down Even as Bonds and the Dollar are Mostly Steady
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Financials (USD)
Sales 2022 12 131 M - -
Net income 2022 2 041 M - -
Net cash 2022 804 M - -
P/E ratio 2022 15,6x
Yield 2022 3,76%
Capitalization 36 548 M 36 548 M -
EV / Sales 2022 2,95x
EV / Sales 2023 2,77x
Nbr of Employees 17 500
Free-Float 99,4%
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Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 20,54 $
Average target price 27,99 $
Spread / Average Target 36,3%
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Managers and Directors
Dennis Mark Bristow President, CEO & Non-Independent Director
Graham Patrick Shuttleworth Chief Financial Officer
John Lawson Thornton Co-Chairman
Gustavo A. Cisneros Independent Director
Joseph Brett Harvey Lead Independent Director
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