Tags » Barrick Gold Corp.

Kinross, Waterton capitalize on tough gold market to snap up Nevada mines from struggling Barrick

TORONTO — Two companies with enormous cash hoards are capitalizing on a tough gold market and buying assets from Barrick Gold Corp. that they have coveted for a long time. 613 more words


Barrick Gold Corp's Q3 results beat estimates, as miner continues debt reduction

TORONTO • Barrick Gold Corp. delivered solid third quarter earnings on Wednesday, generating positive cash flow for the second straight quarter after a long period of negative cash flow. 443 more words


Investors zero in on costs again as gold miners set to report Q3 results

As the senior gold miners begin to report third-quarter results this week, they find themselves stuck in a frustrating uphill battle.

Gold prices have moved steadily lower in the past three years, forcing miners to make deep cuts to operating costs and capital spending. 538 more words


Peter Munk: There's no 'silver bullet' for entrepreneurial success

Since retiring from Barrick Gold Corp. in a blaze of controversy last year, Peter Munk has stayed out of the public eye. The legendary entrepreneur has kept himself busy with his… 361 more words


For many miners, there’s no avoiding the gold ‘production cliff’ now

When Steve Parsons and his colleagues published their first report on the gold “production cliff” in early 2013, they thought the thesis was obvious, even though almost no one was talking about it. 1,014 more words


Barrick Gold Corp shakes up management structure, drops co-president model

Barrick Gold Corp. is scrapping its unusual “co-president” management structure less than a year after it went into effect.

Co-president Kelvin Dushnisky has been appointed Barrick’s sole president, the company said Monday morning. 515 more words


Moody's downgrades Barrick's credit rating amid weak gold prices

Moody’s Investors Service has downgraded Barrick Gold Corp.’s credit rating by one notch to Baa3, the lowest investment-grade level.

The move is not a shock. Gold prices plummeted to less than US$1,100 an ounce in July, and Barrick has gone into this latest downturn with about US$10 billion of net debt. 203 more words

Trading Desk