Results for Q4 and Year Ending 31 December 2024… Cautionary Statement on Forward-Looking Information… Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "expect", "target", "plan", "guidance", "ramp up", "on track", "project", "cont ...

Financial Data and Key Metrics Changes - EBITDA increased by 30% with EBITDA margins growing both quarter on quarter and for the year [8] - Adjusted net earnings per share grew 50% year on year to $1.26 [8] - Operating cash flow for the quarter was up 18% to $1.4 billion, totaling $4.5 billion for the year, the highest since 2020 [11] - Free cash flow increased by 104% to $1.3 billion for 2024 [11] - The quarterly dividend was maintained at $0.10 per share, with $354 million in share repurchases in Q4, totaling nearly $500 million for the year [9] Business Line Data and Key Metrics Changes - Gold production increased by 15% quarter on quarter, with a 3% reduction in cost of sales and a 5% decrease in total cash costs [10] - Copper production at Lemona achieved a quarterly production record, meeting production guidance for both copper and gold [10] Market Data and Key Metrics Changes - The company reported a significant improvement in production and costs driven by a strong Q4 performance across its operations, particularly from tier-one assets [16] - The company achieved the highest net earnings in a decade, reflecting strong market conditions for gold and copper [11] Company Strategy and Development Direction - The company aims to deliver sustainable long-term value by focusing on owning the best gold and copper assets [4] - Barrick Gold is committed to sustainability and aims to be the best gold and copper producer globally [7] - The company is targeting a 30% growth in gold equivalent ounces by the end of the decade, supported by ongoing investments in key projects [62] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the commodity price outlook, particularly for gold and copper, in a geopolitically uncertain world [5] - The company is focused on maintaining a strong balance sheet and funding growth without excessive debt or share issuance [5][62] - Management acknowledged challenges in Mali but emphasized the importance of finding a sustainable solution for operations there [36][108] Other Important Information - The company reported three fatalities in 2024, which management deemed unacceptable, while also noting improvements in safety metrics [12][13] - Significant progress was made in reserve replacement, adding substantial new reserves from La Moana and Riccardeck projects [9] Q&A Session Summary Question: Reduction in CapEx - The majority of the CapEx reduction relates to the Lulu project, with some minor changes in Nevada [64][65] Question: Standby Costs at Lulu - The company is currently in a breakeven position at Lulu and has reallocated experienced operators to other operations [66][67] Question: Outlook for 2027-2029 - The outlook assumes that Lulu restarts, but the company can support its long-term plans without it [71][72] Question: PV Relocation Efforts - The completion of the dam is expected by 2029, with ongoing consultations and negotiations for family relocations [74][76] Question: Four Mile Project Processing Facilities - The project is moving towards a prefeasibility study, with discussions on processing flexibility ongoing [83][84] Question: Payments to Malian Government - A one-off payment of $84 million was made to the Malian government, with ongoing negotiations for a sustainable solution [98][99] Question: Strategic Asset Review - The Zaldivar asset is not considered core, but the company is focused on getting permitting in place [111][112]

Alluvial Gold Research offers in-depth research on my favorite miners, ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts, as well as the following:Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOLD, ABX:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Fears surrounding higher interest rates reemerged after today's hotter-than-expected inflation data for January. While the reading is also impacting gold prices, the precious metal is fresh off a record-setting run in response to President Donald Trump's tariffs, which boosted demand for the safe-haven commodity as investors monitor a potential trade war. Below, let's check in with two gold mining giants amid corporate earnings. GOLD Eyes Best Day Since AugustBarrick Gold Corp (NYSE:GOLD) stock is up 6.1% t ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Highlights Unanimous Support of Barington's Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-JonesBelieves Matthews' Poor Fiscal 2025 First Quarter Earnings Results Further Demonstrates Management's Pattern of False Hope and Empty Promises Barington's Nominees Bring the Skills, Experience and Fresh Perspectives Required to Help Drive Meaningful Change and Long-Term Value Creation at MatthewsNEW YORK, Feb. 12, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital") ...

For Immediate ReleasesChicago, IL – February 12, 2025 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include like Barrick Gold Corp. (GOLD) and Kinross Gold Corp. (KGC) .Here are highlights from Wednesday’s Analyst Blog:2 Gold Mining Stocks That Could Explode Under Trump’s Tariffs Despite ebbing recession fears and a ...

Despite ebbing recession fears and a resilient labor market, gold prices have gained traction due to President Trump’s tariffs on imported goods, giving a boost to gold mining stocks like Barrick Gold Corporation (GOLD) and Kinross Gold Corporation (KGC) . Should you consider investing in these gold mining stocks? Let’s see – Impact of Trump Tariffs 2.0 on StocksTrump recently imposed an additional 25% tariff on imports of base metals like aluminum and steel. Trump also announced plans to impose reciprocal ...

Core Insights - The company is actively drilling at the Providencia target to explore extensions of high-grade mineralization beneath historical mine workings, with plans for three additional drillholes in an expanded target area [1][5] - Historical mining at Providencia in the 1930s focused on high-grade copper and cobalt, with recent exploration revealing a new gold zone [2] - Significant channel sampling results indicate high gold grades and confirm mineralization extends east beyond the main historical mine workings [5] Exploration and Sampling Results - A total of 79 continuous twin saw-cut channel samples were collected from two historical adits, with significant results including 3.11 g/t Au over 37m and high grades in surface trench samples [3][5] - Channel sampling in Gallery 1 revealed a 37-meter-wide gold interval with assays up to 14.95 g/t Au, indicating good expansion potential [5] - Surface trench sample results confirmed near-surface mineralization extending east of the Providencia target, with assays up to 2.59 g/t Au over 6m [5] Project Overview - The Cármenes Project, located in northern Spain, covers 5,653 hectares and is prospective for multiple bodies of carbonate-hosted mineralization [7] - The project area includes former mines that produced copper and cobalt, highlighting the potential for additional breccia pipes [7] - The company is targeting copper-rich mineral deposits, aligning with strong long-term price outlooks for copper as a critical metal for global electrification [8]