Barrick Gold Corp T.ABX

Alternate Symbol(s): GOLD

Metals & Mining Gold

Barrick Gold Corporation is a Canada-based gold and copper producer, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican Republic, Mali, Tanzania and the United States. It has ownership interests in producing copper mines in Chile, Saudi Arabia and Zambia. Its operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.

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Barrick Gold Corp

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Post by dazoffon Nov 01, 2010 2:15pm

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Post# 17640628

Mina-Paswa

Kind of interesting at the Barrick Q3 Mr. Regent the CEO dodged the original interview on BNN.
It was held later and he didn't have to answer the specific question what is going on at Pascua-Lama and when will it be in production.

There annual reports around 2000-2001 said they were not putting it into production because of low gold prices.
In todays dollars at 50.00 production costs even with gold at 260.00 it would have been profitable.

Could the real reason Mr. Regent does not want to address B there is continuing litigation in Chile and the Supreme court in Chile this past spring ruled that ABX does not own Mina-Paswa which ABX refers to as Pascua-Lama.
Mina-Paswa represents about 90% of Pascua-Lama .

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