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
Tags » Barrick Gold Corp.
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