Barrick Gold (GOLD) Company Overview

While GOLD's efforts to advance key projects, solid financial health and a safe dividend yield paint a promising picture, its high costs warrant caution.

ISS has determined that the current board has not properly overseen management and has significant issues with independence that require more changes. As a result, ISS advises shareholders to vote "WITHHOLD" for Matthews' nominees Terry L. Dunlap, Alvaro Garcia-Tunon, and J.

Neils Christensen holds a journalism diploma from Lethbridge College and has over ten years of reporting experience with various news organizations across Canada. He has reported on both territorial and federal politics in Nunavut, Canada.

Barrick Gold Corporation shares are considered a good investment because gold prices are expected to rise due to increasing inflation and economic uncertainties. Gold tends to hold its value well during inflation, and some indicators suggest prices could go over $2800 per ounce. Factors like inflation, tariffs, and trade issues are likely to push gold prices up even further.

Mark Bristow, the CEO of Barrick Gold, states that the company is "making progress" in its conflict with Mali's military government, although the improvements are not happening as quickly as anticipated. As the head of the world's largest gold mining company, he acknowledges the challenges faced.

Barrick Gold (GOLD) finished the last trading session at $16.56, which represents a 1.16% increase from the previous day's closing price.

TORONTO, Feb. 3, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE American: NGD) announces that Mr. Yohann Bouchard and the Company have agreed to separate.

The latest five-year production forecast for the Asanko Gold Mine shows a mineral reserve estimate of 2,055,000 ounces of gold as of December 31, 2024, which is equivalent to 47.1 million tonnes at a grade of 1.36 grams per tonne. For 2025, the expected production is between 130,000 and 150,000 ounces of gold, with all-in sustaining costs ranging from $1,750 to $1,950 per ounce sold.

All figures are in US dollars. KINSHASA, Democratic Republic of Congo, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced that its Kibali gold mine performed better in the last quarter of the year, reaching the highest annual output since it began operations. This achievement highlights the mine's commitment to operational excellence and its ability to produce impressive results.