Gold prices were routed on Monday as part of a broader sell-off in commodities that rattled investors and moved Canadian gold producers closer to a crisis. 610 more words
Tags » Barrick Gold Corp.
Directors of Barrick Gold Corp. lost a showdown with shareholders this week for a “tone deaf” response to years of criticism over the lack of connection between executive pay and company performance. 1,235 more words
Barrick Gold Corp., the world’s largest producer of the precious metal, reported profit that trailed analysts’ estimates after output was lower than expected.
First-quarter net income of $57 million, or 5 cents a share, fell from $88 million, or 8 cents, a year earlier, Toronto-based Barrick said Monday in a statement. 159 more words
Barrick Gold Corp suffers monster US$2.8 billion writedown, plans asset sales, layoffs and major debt reduction
Barrick Gold Corp. is putting its Porgera and Cowal operations up for sale and setting a major debt reduction target for 2015 as the company starts to implement a long-discussed strategy to become leaner and less centralized. 421 more words