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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.


TSX:ABX - Post by User

Barrick Gold Corp
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Post by Dibah420on Mar 12, 2022 6:16pm
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Post# 34509451

ABX/Reunion News

ABX/Reunion News
Barrick Gold Edges Up After Hours as Stake in Reunion Gold Falls Below 10%
 
11 Mar 2022 16:39 ET  

04:39 PM EST, 03/11/2022 (MT Newswires) -- Barrick Gold (ABX.TO, GOLD) edged up in after-hours New York trading after the company on Friday said its stake in Reunion Gold (RGD.V) dropped below 10% after it declined to participate in a private placement offered by that company.

Barrick said it continues to hold 81.15-million Reunion shares, but its stake has now fallen 9.9875% and the company will cede unspecified rights granted by Reunion for maintaining a 10% or greater stake, but retains others.

"Barrick continues to have a right of first refusal under the investor rights agreement in respect of certain mineral projects that are subject to the strategic alliance agreement entered into between Barrick and Reunion on February 3, 2019 as well as Reunion's Dorlin, Haute Mana and Boulanger Projects," it said in a release.

Barrick shares were last seen up US$0.01 to US$24.36 after hours. They closed down C$0.24 to C$31.05 on the Toronto Stock Stock Exchange.

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