RE: Barrick bid26 Apr 2022 15:58
You know Barrick has always been my favourite, but BHP could give them a hard run having missed out on Noront...
Mark Bristol:
"We have put a particularly strong focus on exploration in Latin America..."
"Barrick’s strong balance sheet and the abundant free cash flow generated by our operations will enable us to continue building our future by investing in the development of the many growth prospects within the group as well as the acquisition of the rare external opportunities that may meet our criteria."
"the new gold major appears to be completing a full circle under the leadership of Mark Bristow by increasingly prioritizing value-adding grass-roots exploration and development, he tells The Northern Miner.
After kicking off a period of top-tier gold-industry consolidation, the company has been focusing on “right-sizing” the portfolio, focusing only on Tier 1 and Tier 2 assets...."
"Mark Bristow, the CEO of one of the biggest gold producers in the world, Barrick Gold , says that his company is looking to expand its copper business.
“Copper is the most strategic metal,” Bristow told Barron’s. “Gold of course is precious.”