BARRICK GOLD CORP (ABX) Stock News
NYSE:ABX - New York Stock Exchange, Inc. - CA0679011084
ABX Latest News, Press Relases and Analysis
Barrick Nears Malian Resolution, Completes Feasibility Studies For Two World-Class Projects
Barrick Gold is resolving a dispute with Mali's junta over mining reforms. It halted operations and lowered production guidance, but signed a new agreement and plans to invest in large-scale projects in Zambia and Pakistan.
Mentions: GOLD
Barrick Signs Deal to End Mali Gold Mine Dispute, Reuters Says
Barrick Gold Corp. signed an agreement with Mali’s government to end a dispute over its mining assets in the country, according to a report from Reuters. The company’s shares jumped.
Exclusive-Barrick Gold signs agreement with Mali to end mining dispute
Barrick signed the agreement and now it is up to the Mali government to formally approve the deal, the sources told Reuters. An official announcement could come as early as Thursday. As part of the new agreement, Barrick will pay 275 billion CFA or $438 million to the Mali government, in return for the release of detained employees, seized gold, and restarting the operations at the Loulo-Gounkoto mine.
Barrick Gold price target raised to $20 from $19 at Scotiabank
Scotiabank analyst Tanya Jakusconek raised the firm’s price target on Barrick Gold (GOLD) to $20 from $19 and keeps a Sector Perform rating on t...
Agnico Nears World’s No. 2 Gold Miner Spot With Output Targets
Agnico Eagle Mines Ltd. is threatening to snag the title of world’s second-largest gold producer from one of its top rivals.
Mentions: 2464539D.CA ABX.CA NEM
Barrick Gold (GOLD) Q4 2024 Earnings Call Transcript
GOLD earnings call for the period ending December 31, 2024.
Mentions: GOLD
Barrick Stock Jumps On Q4 Beat, Doubling Free Cash Flow: Retail Hedges Inflation Blues With Gold’s Safe-Haven Strength
Operating cash flow increased 20% year-over-year to $4.49 billion, while free cash flow more than doubled to $1.32 billion, driven by strong earnings and disciplined cost management, according to management.
Barrick Gold CEO on 4Q Results
Barrick Gold reporting fourth quarter results today. Revenues were up nearly 20-percent year-over-year, but the company sees gold production slowing this year. Mark Bristow, Barrick Gold CEO, joined Bloomberg Open Interest to talk about the company's results and what's ahead for gold. (Source: Bloomberg)
Barrick will resume operations in Mali once it can ship gold, CEO says
Barrick Gold CEO Mark Bristow said the miner will resume operations at its shuttered Loulo-Gounkoto mine in Mali once authorities in the country allow it to resume gold shipments. The Canadian miner said its been assured that gold worth about $245 million seized by authorities still belongs to the company, Bristow told Reuters in Toronto.
Barrick Gold surpasses expectations with strong Q4 performance amid rising gold prices
Canada's Barrick Gold Corporation exceeded analysts' expectations for fourth-quarter profit, reporting higher earnings than anticipated.
Options Volatility and Implied Earnings Moves Today, February 12, 2025
Today, several major companies are expected to report earnings: Albemarle (ALB), Barrick Gold (GOLD), Cisco Systems (CSCO), CVS Health (CVS), Kr...
Barrick Gold beats profit estimates
Canada's Barrick Gold beat Wall Street estimates for fourth-quarter profit on Wednesday. On an adjusted basis, the world's second-largest gold miner posted a profit of 46 cents per share in the quarter ended December 31, compared to an estimate of 41 cents per share, according to data compiled by LSEG.
Here's How to Play Barrick Gold Stock Before Q4 Earnings Release
GOLD's fourth-quarter results are expected to reflect higher gold prices and strong production.
Barrick Gold renews $1B share buyback program for 2025
“While ongoing issues in Mali remain an investor concern, which have overly weighed on the share price, Barrick’s fundamental value proposition ...
‘Show Me the Money’: Record Gold Price Is Test for Top Miners
Gold prices are hovering around record highs, but Barrick Gold Corp. and Newmont Corp. have frustrated investors by failing to capitalize on bullion’s rally. The next 10 days gives the top producers a chance to win back skeptical shareholders.
Mentions: NEM
Mali and Barrick Talks Suspended Without Reaching an Agreement
Mali and Barrick Gold Corp.’s negotiations to end a protracted dispute over payments from the country’s biggest gold mine have been suspended, according to people familiar with the government’s position.
Mentions: ABX.CA
Barrick Mines A Rally On Trump Tariff Threats As Gold Fever Strikes Again
The prospect of new trade restrictions has heightened concerns about inflation and potential trade wars, fueling demand for gold, traditionally seen as a hedge against economic and geopolitical instability.
Labor, inflation to weigh on gold miners' results
Higher labor costs and sticky inflation could continue to weigh on gold miners' profits going into 2025, analysts said, but soaring prices of the yellow metal should still boost free cash flow. Gold prices rose nearly 27% in 2024, the most since 2010, and have jumped to all-time highs this year. Analysts at Bank of America said companies under its coverage might generate free cash flow of around $3 billion in the fourth quarter, with more expected in 2025.
Mentions: BAC
Five Key Charts to Watch in Global Commodity Markets This Week
Grains traders will be watching Tuesday for the latest insights from the US Department of Agriculture’s monthly supply-and-demand estimates. The world’s top gold miners kick off their quarterly earnings season, starting Wednesday with Barrick Gold Corp. And oil’s drop since US President Donald Trump took office carries historical significance.