Barrick(GOLD)

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Barrick Gold Sees 30% Production Growth by 2030 With Strong Asset Base
ZACKS· 2024-09-18 19:01
Barrick Gold Corporation (GOLD) stated that it sees 30% growth in the production of gold-equivalent ounces from its existing assets by the end of this decade, while continuing to unlock the value embedded in its portfolio. At the Gold Forum Americas, GOLD highlighted that it remains alert to potentially value-accretive opportunities arising from industry consolidation. However, the company enjoys the advantage of doing so from an asset base that will support organic growth well into the future. Five years a ...
Barrick Gold Is Printing Profits Again On Record Prices
Seeking Alpha· 2024-09-18 09:35
Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer.....Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron's®, the Washington Post® and Investor's Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during ...
Barrick Continues to Unlock Value Embedded in Its Asset Base
GlobeNewswire News Room· 2024-09-17 17:00
All amounts expressed in US dollars COLORADO SPRINGS, Colo., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Barrick is projecting a 30% growth in the production of gold-equivalent ounces from its existing assets by the end of this decade1 while it continues to unlock the value embedded in its portfolio, says president and chief executive Mark Bristow. Speaking at the Gold Forum Americas, Bristow said while Barrick was alert to potentially value-accretive opportunities ge ...
Will Barrick Gold Stock Shine Like The Metal?
Forbes· 2024-09-17 10:00
UKRAINE - 2021/12/29: In this photo illustration, a Barrick Gold Corporation logo is seen on a ... [+] smartphone and a computer screen and on the background. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Barrick Gold stock (NYSE: GOLD) has gained about 14% year-to-date, currently trading at about $21 per share. This compares to the S&P 500 which remains up by about 18% over the same period. The underperformance comes even though gold ...
NEW GOLD ANNOUNCES CONTINUED GROWTH AT NEW AFTON'S K-ZONE AND HW ZONE
Prnewswire· 2024-09-16 10:30
"These exceptional results further highlight the exploration upside around the New Afton mine. The eastern sector of the mine, which includes the spectacular grades of K-Zone, new high-grade mineralization at HW Zone, and the existing East Extension mineral resource, is developing into a promising opportunity for a new high-grade mining area." stated Patrick Godin, President and CEO. "Additionally, the location of these zones above the elevation of the C-Zone extraction level and close to existing infrastru ...
2 no-brainer gold mining stocks to buy now as precious metal hits new high
Finbold· 2024-09-16 09:56
As spot gold prices surge to record highs, now could be the perfect time for investors to capitalize on the precious metal's momentum by investing in top gold mining stocks. Amid the recent economic uncertainties around inflationary pressure and fears of a recession, gold has seen its price soar, hitting a high of $2,587 as of press time. Over the past six months, the yellow metal has recorded gains of almost 20%, with the markets anticipating the next possible target at the $2,600 spot if bullish sentiment ...
Barrick to Boost Throughput and Production at Lumwana With Expansion
ZACKS· 2024-09-12 17:00
Barrick Gold Corporation (GOLD) announced that the feasibility study for the expansion of its Lumwana mine in Zambia is expected to be completed by the end of this year, with construction slated to commence in 2025. GOLD outlined how the expansion could transform the mine into a long-life, high-yielding operation, placing it among the top 25 global copper producers and achieving Tier One copper mine status. The expansion includes doubling throughput by twinning the existing process circuit and significantly ...
ROLD GOLD® TEAMS UP WITH JERRY RICE TO HELP FANS SCORE BIG THIS FOOTBALL SEASON
Prnewswire· 2024-09-12 13:00
As the Official Pretzel Sponsor of the NFL, Rold Gold ® is giving fans a chance to win weekly prizes now through December 7 including a $1,000 grocery store shopping spree for gameday essentials PLANO, Texas, Sept. 12, 2024 /PRNewswire/ -- It is officially football season, and fans are gearing up to cheer their favorite team to victory including stocking up on their favorite gameday snacks. This year, Rold Gold®, the Official Pretzel Sponsor of the NFL, is offering the chance to win a VIP (very important pr ...
Feasibility Study on Lumwana Super Pit Expansion Expected by Year-End
GlobeNewswire News Room· 2024-09-11 21:00
All amounts expressed in US dollars TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – The feasibility study for the expansion of Barrick's Lumwana mine in Zambia is expected to be completed by the end of the year, paving the way for construction to start in 2025 the company said today. Speaking during a webinar focused on updating the market on the Lumwana Super Pit Expansion Project, Barrick president and chief executive Mark Bristow said the expansion unlocks the ...
Barrick Gold (GOLD) Up 2.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-09-11 16:30
A month has gone by since the last earnings report for Barrick Gold (GOLD) . Shares have added about 2.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Barrick Gold due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Barrick's Q2 Earnings and Revenues Surpass Estimat ...