11:26:12 EDT Wed 09 Jul 2025
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Barrick Gold Corp
Symbol ABX
Shares Issued 1,752,734,380
Close 2024-08-13 C$ 26.24
Market Cap C$ 45,991,750,131
Recent Sedar Documents

Globe says Barrick's "hard-nosed" boss mulls retirement

2024-08-14 08:15 ET - In the News

The Globe and Mail reports in its Wednesday edition that Barrick chief executive officer Mark Bristow is raising the possibility that he may retire in 2026. The Globe's Niall McGee writes that Mr. Bristow, 65, took over as CEO in 2019 after Barrick acquired Randgold Resources, the Africa-focused mining company he founded and ran for two decades. Hard-nosed, detail-oriented and outspoken, the South African is one of the most driven executives in the mining industry. At Barrick, he has stickhandled multiple difficult situations, including patching up multiyear mining contract spats with the governments of Tanzania and Papua New Guinea. He orchestrated a joint-venture agreement in Nevada with arch-competitor Newmont, something his predecessors had tried and failed to do on several occasions. Most recently, he rolled out a management restructuring at the company's Nevada operations. Mr. Bristow told The Globe that he has three key projects set to be rolled out in 2028: a big expansion of its Lumwana copper mine in Zambia, the operation of Goldrush in Nevada and the commissioning of the first phase of Reko Diq in high-risk Pakistan. Mr. Bristow suggests he will stay in the job through 2025 but was non-committal about 2026.

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