barrick gold corp (ABX) Snapshot

Barrick Gold has laid off 22 employees at Kanowna mine in Australia. The company plans to close regional greenfields exploration office in Perth by end of year 2013 and lay off some of office's 35 employees.

Notice is given that Glancy Binkow & Goldberg LLP, representing investors of Barrick Gold Corporation filed a class action lawsuit on June 5, 2013 in the United States District Court for the Southern District of New York on behalf of a class comprising all purchasers of Barrick common stock between May 7, 2009 and May 23, 2013. The complaint charges Barrick and certain of its officers and directors with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78j(b) and 78t(a)) and Rule 10b-5 promulgated thereunder by the Securities and Exchange Commission (17 C.P.R. 240.10b-5). The complaint alleges that, throughout the class period, the defendants made false and misleading statements and concealed material information relating to the cost and time-to-production projections for the company's Pascua-Lama project, a property under development as an open-pit gold and silver mine that straddles the mountainous border between Argentina and Chile.

Barrick Gold Corporation Presents at Credit Suisse Global Precious Metals Conference, Jun-05-2013 08:00 AM. Venue: Fairmont Tremblant, Mount Tremblant, Quebec, Canada.