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News Tagged By: Barrick Gold

Caisse’s Sabia lambastes Barrick exec pay package

Michael Sabia, the head of Quebec's biggest pension fund, says even if Jesus Christ was offered a nearly $12-million US signing bonus to join Barrick Gold's board -- as was the gold miner's...
Scott Anderson, BNN.ca
Posted on 5-01-2013 at 11:36 AM
Tags: Barrick Gold, Caisse de Depot et Placement du Quebec

S&P cuts Barrick Gold long-term corporate credit rating

Standard & Poor's Ratings Services said on Friday it cut Barrick Gold Corp's long-term corporate credit rating to BBB from BBB-plus.
Reuters
Posted on 4-26-2013 at 6:44 PM
Tags: Barrick Gold

Barrick reins in costs; may suspend Chile project

Barrick Gold Corp, making a painful adjustment to a sustained slump in bullion prices, reported progress in controlling costs on Wednesday and said it planned further cuts in capital spending,...
Julie Gordon and Euan Rocha, Reuters
Posted on 4-24-2013 at 6:00 PM
Tags: Barrick Gold, Gold

Funds balk at Barrick co-chair’s $11.9M bonus

Seven major Canadian pension funds and one international fund have launched a formal protest against what they say is an "unprecedented" signing bonus of $11.9 million US to Barrick Gold Corp....
Bertrand Marotte, The Globe and Mail
Posted on 4-19-2013 at 11:32 AM
Tags: Barrick Gold, Ontario Municipal Employees Retirement System (OMERS), Ontario Teachers Pension Plan, Canada Pension Plan Investment Board (CPPIB)

Tumbling gold prices add to miners’ miseries

The free fall in gold prices spells more bad news for an industry already fighting cost overruns, asset writedowns and project cancellations.
Pav Jordan, The Globe & Mail
Posted on 4-15-2013 at 8:05 PM
Tags: Barrick Gold, Gold, Goldcorp, Iamgold, New Gold, Yamana Gold

Barrick halts work on Pascua-Lama mine

Barrick Gold Corp. halted construction on its huge Pascua-Lama gold and silver mine in Chile on Wednesday after a local court ordered the suspension to weigh indigenous communities' claims that...
Alexandra Ulmer, Reuters
Posted on 4-11-2013 at 7:00 AM
Tags: Barrick Gold, Gold

Chilean court suspends Barrick’s Pascua-Lama project

A Chilean court of appeals has ordered work suspended on Barrick Gold Corp.'s giant Pascua-Lama gold and silver project after indigenous communities filed complaints about groundwater...
Pav Jordan, The Globe and Mail
Posted on 4-10-2013 at 11:35 AM
Tags: Barrick Gold, Gold

Barrick gold shipment detained by Dominican Republic

Barrick Gold Corp., the world's largest gold miner, said on Thursday that a shipment of gold from its Pueblo Viejo mine in the Dominican Republic had been detained by customs officials in the...
Reuters
Posted on 3-14-2013 at 2:51 PM
Tags: Barrick Gold

Barrick needs to rebuild credibility: CEO Sokalsky

Barrick Gold needs to rebuild shareholder confidence President and CEO Jamie Sokalsky tells BNN one day after the company reported a massive fourth quarter loss.
BNN.ca staff
Posted on 2-15-2013 at 3:09 PM
Tags: Barrick Gold

Barrick posts big loss on $4B copper charge

Barrick Gold Corp. Thursday posted a huge loss for the fourth quarter, driven by a hefty writedown on Lumwana, the Zambian copper business it bought two years ago as prices for the industrial metal...
Pav Jordan, The Globe and Mail
Posted on 2-14-2013 at 7:16 AM
Tags: Barrick Gold
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