Barrick to Grow Production and Value on Global Asset Foundation
TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Barrick’s peerless gold and rapidly growing copper portfolios now extend across all the major gold and copper districts worldwide, providing the company with a solid base from which to grow its production and value, directed by a proven strategy and supported by a broad spectrum of skills, says president and chief executive Mark Bristow in the 2023 Annual Report published today.
- Additional asset optimization, further exploration growth, new project initiatives and divestitures are not included.
- Our five-year indicative outlook excludes: production from Fourmile; Pierina, and Golden Sunlight, both of which are currently in care and maintenance; and production from long-term greenfield optionality from Donlin, Pascua-Lama, Norte Abierto and Alturas.
- “Free cash flow” is a non-GAAP financial measure that deducts capital expenditures from net cash provided by operating activities.
- The words “potential”, “grow”, “maintain”, “opportunity”, “investment”, “discovery”, “continue”, “extend”, “will”, “forecast”, “target”, “developing”, “focus”, “believe” and similar expressions identify forward-looking statements.