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Barrick Gold Corp T.ABX

Alternate Symbol(s):  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.


TSX:ABX - Post by User

Bullboard Posts
Post by EdgarLon Apr 25, 2017 3:19pm
242 Views
Post# 26164332

The meeting and Coral Gold (CLH)

The meeting and Coral Gold (CLH)If the Coral Gold deal is mentioned in the meeting, could someone please do a posting here to let me (and everyone) know.  Barrick agreed to purchase it last June but it's not done yet.  

Barrick Gold Corporation - Audited annual financial statements - English - Feb 15 2017 - Page 121:

"A) Acquisition of Robertson Property in Nevada
On June 21, 2016, we entered into an agreement to
purchase the Robertson Property in Nevada from Coral
Gold Resources (“Coral”). The transaction consists of a
payment of $16 million of cash along with the return of 4.15
million shares (approximate value of $1 million) of Coral
currently held by Barrick and a royalty on production. The
transaction has been approved by Coral shareholders and,
subject to satisfaction of the remaining closing conditions,
is expected to close in 2017."



Barrick Gold Corporation - MD&A - English - Feb 15 2017 - Page 37:

"Attributable project capital expenditures are expected to
increase to a range of $250 to $300 million in 2017. The
increase in project capital expenditures in 2017 compared
to the prior year is primarily due to the Cortez Lower
Zone expansion project, and an increase in pre-production
waste stripping at Crossroads phase 1 at Cortez compared
to 2016, the finalization of the Robertson acquisition and
a slight increase in spend at Pascua-Lama."


Bullboard Posts