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News Tagged By: Barrick Gold

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
Barrick falls to $264M loss, but makes headway on debt
Barrick Gold Corp. swung to a loss in the third quarter, but reported strong progress in reducing its mountain of debt and paring production costs as it grapples with a challenging market for precious metals.
Posted on 10-29-2015 at 6:45 AM
Barrick cites ‘extremely high’ interest for U.S. gold assets
There has been strong interest in a package of six U.S. gold assets that Barrick Gold Corp. wants to sell, a senior Barrick executive said on Sunday, adding that he expects a deal to close before year end.
Posted on 9-21-2015 at 8:13 AM
Barrick shutters copper division, Utah office to cut costs
Barrick Gold Corp. is shutting a major American office and dismantling its copper unit, the company’s latest steps to cut costs and overhaul operations amid the slump in gold prices.
Posted on 9-18-2015 at 8:31 AM
Barrick exits co-president structure, hands reins to Dushnisky
Barrick Gold Corp. said Co-President Kelvin Dushnisky will take over as president as the world’s largest gold producer restructures management to boost efficiencies.
Posted on 8-17-2015 at 9:18 AM
Moody’s downgrades Barrick's credit to lowest investment grade rating
This comes even though the gold miner is on track to slash its debt this year.
Posted on 8-12-2015 at 12:17 PM
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