Last €11.55 EUR
Change Today -0.147 / -1.26%
Volume 112.0K
ABR On Other Exchanges
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As of 11:04 AM 10/2/14 All times are local (Market data is delayed by at least 15 minutes).

barrick gold corp (ABR) Snapshot

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52 Week High
02/25/14 - €15.62
52 Week Low
12/5/13 - €11.21
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barrick gold corp (ABR) Details

Barrick Gold Corporation produces and sells gold and copper. It is also involved in exploration and mine development activities. The company holds interests in various properties located in the United States, Zambia, Chile, Dominican Republic, Argentina, Tanzania, Canada, Saudi Arabia, Australia, Papua New Guinea, and Peru. As of December 31, 2013, the company had proven and probable mineral reserves of 104.1 million ounces of gold and 14.0 billion pounds of copper. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

24,360 Employees
Last Reported Date: 03/31/14
Founded in 1983

barrick gold corp (ABR) Top Compensated Officers

Total Annual Compensation: $1.1M
Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $825.3K
Compensation as of Fiscal Year 2013.

barrick gold corp (ABR) Key Developments

Barrick And Newmont Are Not In Merger Talks Right Now

There is "nothing" in the works between Barrick Gold Corporation (TSX:ABX) and Newmont Mining Corporation (NYSE:NEM) Newmont's Chief Executive Officer said on September 16, 2014, six months after talks to merge foundered. Newmont Chief Executive Officer Gary Goldberg said he has not held any merger discussions with Barrick since April 2014 and that Newmont was focused on other things. "What we are doing from our side is continuing to run our operations, deliver at or better than what we have put out for guidance and work on developing our own portfolio," he told Reuters. "We are always open to consider opportunities for value, but there is nothing in that area going on," Goldberg said on September 16, 2014.

Koskie Minsky LLP, Sutts, Strosberg LLP, Siskinds LLP and Groia & Company Professional Corporation File Statement of Claim Against Barrick Gold and other Defendants

On September 5, 2014, Koskie Minsky LLP, Sutts, Strosberg LLP, Siskinds LLP and Groia & Company Professional Corporation, counsel in the Barrick Gold Corporation securities class action, served a Fresh as Amended Statement of Claim in a $3 billion class action against Barrick Gold Corporation and others. The claim alleges wrongdoing against Barrick Gold Corporation and its senior officers Aaron Regent, Jamie Sokalsky, Ammar Al-Joundi and Peter Kinver. The detailed claim alleges there were misrepresentations in Barrick's public disclosure relating to Barrick's development of the Pascua-Lama mine located on the border between Chile and Argentina. In particular, Barrick failed to disclose that certain key development activities at the Pascua-Lama mine were not in compliance with certain environmental conditions imposed by the Chilean government on Barrick's approval to develop the Pascua-Lama Project. The purpose of these conditions was to ensure that the development and, later, the mining of the Pascua-Lama Project would have the least possible adverse impact on the community and the environment.

Newmont Mining Open To Merger Talks With Barrick Gold

Newmont Mining Corporation (NYSE:NEM) is ready for talks with Barrick Gold Corporation (TSX:ABX). Chief Executive of Newmont Mining, Gary Goldberg, said that it is open to resuming discussions about a potential merger with Barrick Gold but had not heard from the company since April 2014. Merger talks between the two descended into acrimony in April 2014.


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