Barrick Gold ( (TSE:ABX) ) has provided an update.
Barrick Gold Corporation has reported significant progress in its key growth projects, including the Lumwana Super Pit Expansion in Zambia and the Reko Diq project in Pakistan, both of which have confirmed their Tier One potential. The company successfully replaced all the gold and copper it mined, ensuring a strong reserve base for future growth. Barrick’s financial strength allows it to invest in these projects without issuing new shares or incurring debt, while its sustainability efforts and local partnerships remain central to its operations. The company also continues to diversify its Board, with a focus on enhancing diversity.
More about Barrick Gold
Barrick Gold Corporation is a leading company in the mining industry, primarily focusing on gold and copper production. It operates globally, with significant projects in Zambia, Pakistan, the Dominican Republic, and Nevada, emphasizing sustainable value creation and growth.
YTD Price Performance: 21.54%
Average Trading Volume: 22,612,941
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $31.59B
Learn more about ABX stock on TipRanks’ Stock Analysis page.