Barrick Gold Corporation
Barrick Gold Corporation

Barrick Gold Corporation

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Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. In 2019, it produced 5.5 million ounces of gold at all-in sustaining costs of $894/ounce and 432 million pounds of copper at all-in sustaining costs of $2.52/pound. As of December 31, 2019, the company had 71 million ounces of proven and probable gold reserves.

Barrick has met or beaten market consensus on its financial and operating results for eleven consecutive quarters as of Q3 2021.

Barrick had been the world's largest gold mining company until Newmont Corporation acquired Goldcorp in 2019. Barrick expects to produce between 4.6 and five million ounces of gold and between 440 and 500 million pounds of copper in 2020.

Chief executive Mark Bristow has said Barrick has debated moving its primary stock listing to the New York Stock Exchange from the Toronto Stock Exchange, allowing it to be traded on the S&P 500 Index and broadening its exposure to potential investors.

Snapshot

Employees22,600
Market Cap$34.2 billion
5 Year Trendarrow trend up+6.9%
NYSEGOLD
Founded1983
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Total value of jobs:
$13,455,000
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Average Pay:
$129,375
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Total Experts:
2
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% Masters:
31%

Top Experts at Barrick Gold Corporation