22:16:25 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Barrick Gold Corp
Symbol ABX
Shares Issued 1,778,125,848
Close 2020-11-06 C$ 37.62
Market Cap C$ 66,893,094,402
Recent Sedar Documents

Post says Barrick's Bristow laments "flipping" lockdown

2020-11-09 09:06 ET - In the News

The Financial Post reports in its Saturday edition that every three to four days, Barrick Gold's chief executive officer Mark Bristow sits for a COVID-19 test. The Post's Gabriel Friedman writes that while the global health pandemic has triggered tough decisions for many executives about whether to work from home or return to the office, Mr. Bristow has maintained a rigorous schedule. In recent months, he has touched down in Papua New Guinea, the Democratic Republic of the Congo, Mali, the Dominican Republic, Nevada and various other countries where the company operates mines. Later this month he expects to stop in Canada -- where the Toronto company operates a single mine in Ontario -- despite mandatory 14-day quarantine rules for jet-setters like himself. "These flipping Canadians are still locking us down for 14 days," he told the Post after releasing third quarter results. He added, "We're hustling ... how do you like those results?" With gold selling near a record high above $1,900 an ounce, Barrick posted a record $1.3-billion (U.S.) free cash flow in the third quarter, increased its dividend and paid down hundreds of millions of dollars in debt. Acquisitions, however, are elusive, but remain on the Barrick table.

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