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TSE:ABX

Barrick Gold Corp.

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Market:
TSE
Market Cap:
$42.41 billion
Price
$24.20
Change
3.42%
52 weeks high
26.69
52 weeks low
13.20

In brief

On 1 January 2019 a new Barrick was born out of the merger between Barrick Gold Corporation and Randgold Resources.  Shares in the new company trade on the NYSE (GOLD) and the TSX (ABX).

The merger has created a sector-leading gold company which owns five of the industry’s Top 10 Tier One gold assets (Cortez and Goldstrike in Nevada, USA (100%); Kibali in DRC (45%); Loulo-Gounkoto in Mali (80%); and Pueblo Viejo in Dominican Republic (60%)) and two with the potential to become Tier One gold assets (Goldrush/Fourmile (100%) and Turquoise Ridge (75%), both in the USA).

With mining operations and projects in 15 countries, including Argentina, Australia, Canada, Chile, Côte d’Ivoire, DRC, Dominican Republic, Mali, Papua New Guinea, Peru, Saudi Arabia, Senegal, USA, and Zambia, Barrick has the lowest total cash cost position among its senior gold peers and a diversified asset portfolio positioned for growth in many of the world’s most prolific gold districts.