Egan-Jones Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J. Michael Nauman and "AGAINST" All Matthews' Other Proposals Barington Capital Urges Shareholders to Follow Egan-Jones' Recommendation and Vote the GOLD Proxy Card "FOR" the Election of ALL of its NomineesNEW YORK, Jan. 28, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its s ...

Core Insights - Barrick Gold's Kibali gold mine achieved its highest yearly throughput since commissioning, reflecting operational excellence and strong results [1] - The management team has been strengthened, focusing on exploration in highly prospective areas to bolster the mine's reserve pipeline [2] - Kibali is progressing with a 16MW solar plant to reduce carbon dioxide emissions and enhance renewable energy usage [3][4] Operational Performance - Kibali maintained ISO 45001 and ISO 14001 certifications, indicating high standards in occupational health, safety, and environmental management [5] - Fresh water extraction from the Kibali river was reduced from 15% to 11% due to system modifications [5] - The mine has contributed over $5.7 billion to the Congolese economy, with $3 billion spent on local suppliers [7] Community and Environmental Initiatives - Barrick is working with African Parks to reintroduce 64 white rhinos into Garamba National Park, building on previous successes [6] - The company is enhancing local content by collaborating with the Congolese regulator to support over 500 local companies [8] - Barrick invested $4.4 million in community development projects in 2024, completing 41 out of 44 planned projects [9]

All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Barrick's Kibali gold mine achieved an improved performance in the last quarter of the year, culminating in the highest yearly throughput since its commissioning. This milestone underscores the mine's continued focus on operational excellence and its capacity to deliver strong results. Barrick chief operating officer for Africa and the Middle East, Seb ...

Ahead of their earnings release, BofA Securities analyst Lawson Winder upgraded Kinross Gold Corporation KGC and downgraded Barrick Gold Corporation GOLD.Talking about market, the analyst says that Gold opened at $2,706/oz last week, rising to $2,746/oz on January 21, 2025, as the U.S. Dollar weakened.It closed the week at $2,771/oz, up 2.5%, on President Trump’s remarks on a less aggressive tariff approach to China.KGC: The analyst double-upgraded Kinross from Underperform to Buy and raised the price forec ...

Barrick Gold Corporation (GOLD) has displayed its commitment to Zambia’s economic growth by contributing through royalties, taxes, salaries and procurement of goods and services through its Lumwana mine. The Lumwana Mine operations have contributed $887 million to the economy in 2024. Since 2019, GOLD has contributed more than $3.7 billion to the economy. The Lumwana mine has led the advancement of local content in Zambia. Out of the $906 million spent on goods and services in 2024, 72% went to Zambian supp ...

Accessibility StatementSkip Navigation Figure 9 – Providencia Target geology map, rock sample copper results, and copper-nickel-cobalt anomaly location (geology legend in Figure 7) (CNW Group/Pan Global Resources Inc.) "The new high-grade copper, gold and other metals results from Cármenes are very encouraging. The initial soil and rock geochemistry results indicate the footprint of the Providencia breccia pipe mineralization is much larger than previously known, and shows significant gold potential. Th ...

All amounts expressed in US dollars LUMWANA, Zambia, Jan. 26, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has reaffirmed its commitment to Zambia’s economic growth, contributing over $3.7 billion since 2019. In 2024 alone, Lumwana’s operations contributed $887 million to the economy through royalties, taxes, salaries and procurement of goods and services, solidifying its position as one of the nation’s top five taxpayers. Copper production for 2024 was within guidance, supported b ...

All amounts expressed in US dollars LUMWANA, Zambia, Jan. 26, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has reaffirmed its commitment to Zambia's economic growth, contributing over $3.7 billion since 2019. In 2024 alone, Lumwana's operations contributed $887 million to the economy through royalties, taxes, salaries and procurement of goods and services, solidifying its position as one of the nation's top five taxpayers. Copper production for 2024 was within guidance, supported b ...

RUA GOLD Reports Two Major Gold Bearing Structures Identified on Its Glamorgan ProjectJanuary 23, 2025 9:46 AM EST | Source: Rua Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - January 23, 2025) - Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") is pleased to provide an update following the completion of the first phase of surface exploration on its Glamorgan epithermal gold prospect in the Hauraki region on the North Island New Zealand.Highlights: T ...

All amounts expressed in US dollars unless stated otherwise BULYANHULU, Tanzania, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) has injected over $4.24 billion into the Tanzanian economy since establishing the Twiga joint venture with the government in 2019, contributing $888 million in 2024 alone. Twiga comprises the North Mara and Bulyanhulu gold mines. At a media briefing here today, Barrick president and chief executive Mark Bristow said the Twiga partnership remained ...