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News Tagged By: Barrick Gold

Barrick Gold falls into red as asset sales, prices weigh
Barrick Gold Corp, reported a quarterly loss, compared with a year-earlier profit, as asset sales weighed on production and realized prices fell.
Posted on 4-26-2016 at 7:59 AM
Barrick to spend about $2 billion on Nevada, Peru projects
Barrick Gold Corp., the world's largest gold miner, said it would spend a total of about $2 billion on projects in Nevada and Peru for construction starting 2019.
Posted on 2-22-2016 at 11:42 AM
Gold at US$1,500 is 'very achievable': Barrick president
The president of the world’s largest gold producer says the US$1,500 per ounce call from a recent HSBC report is “very achievable,” as the precious metal enters the early stages of a new bull market.
Posted on 2-18-2016 at 5:15 PM
Barrick Gold aims to cut at least US$2 billion in debt this year
Barrick Gold Corp. on Wednesday forecast 2016 gold production of 5.0-5.5 million ounces and a debt reduction target of at least US$2 billion for the year.
Posted on 2-18-2016 at 7:53 AM
Gold no longer 'the skunk at the picnic', says mining industry veteran
Gold’s gains are the result of a “perfect storm” formed by global economic uncertainty, central bank buying and institutional investors coming back into the asset and related securities, industry veteran Randall Oliphant tells BNN.
Posted on 2-12-2016 at 1:18 PM
Barrick expects to take up to US$3-billion in impairment charges
Barrick Gold Corp., the world’s biggest gold producer, said it expects to take charges of up to $3-billion following an annual accounting impairment review.
Posted on 1-22-2016 at 8:07 AM
Barrick offers to buy back US$1.15-billion of its own debt
Barrick Gold Corp. has offered to buy back its own debt for up to US$1.15-billion, as the Toronto-based miner continues to deleverage in the face of sliding gold prices.
Posted on 12-01-2015 at 6:38 PM
Barrick sells stakes in four assets for US$720 million
Barrick Gold Corp. said on Thursday it has agreed to sell its stakes in four non-core assets to two parties for a total of US$720 million, as the world's largest gold producer works to trim its debt load as gold prices have weakened.
Posted on 11-12-2015 at 8:24 AM
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