Gold  $ 1,195.90 -2.51 -0.21% Volume: December 19, 2014
ABX NYSE  $ 10.83 -0.26 -2.34% Volume: 47,499,742 December 19, 2014
ABX TSX  $ 12.59 -0.26 -2.02% Volume: 10,995,410 December 19, 2014
company
The world's leading gold producer

Barrick operates mines and advanced exploration and development projects on five continents, and holds large land positions on some of the most prolific and prospective mineral trends. Our vision is to be the world’s best gold mining company by operating in a safe, profitable and responsible manner.

As at December 31, 2013, Barrick’s proven and probable mineral reserves were 104.1 million ounces of gold1, 888 million ounces of silver contained within gold reserves1, and 14.0 billion pounds of copper1.

Barrick produced 7.17 million ounces of gold in 2013 at all-in sustaining costs of $915 per ounce2 and adjusted operating costs of $566 per ounce2. Copper production in 2013 was 539 million pounds at C1 cash costs of $1.92 per pound2 and C3 fully allocated costs of $2.42 per pound2.

Outlook & guidance

For 2014, Barrick expects to produce 6.1-6.4 million equity ounces at all-in sustaining costs and adjusted operating costs of $880-$920 per ounce2 and $580-$630 per ounce2, respectively — the lowest cost guidance of its peer group. About 60% of 2014 production is expected to be generated by our five core mines at average all-in sustaining costs of $730-$780 per ounce2.

Copper production in 2014 is expected to be to 440-460 million pounds at C1 cash costs of $1.90-$2.00 per pound2.

  1. Calculated in accordance with National Instrument 43-101 as required by Canadian securities regulatory authorities. For a breakdown, see pages 155-160 of Barrick’s Fourth Quarter 2013 Report.
     
  2. All-in sustaining costs per ounce, adjusted operating costs per ounce and C1 cash costs per pound are non-GAAP financial performance measures. See pages 46-51 of Barrick’s Third Quarter 2014 Report.
     

 

Responsible, modern mining

Barrick continues to be recognized for its strong corporate responsibility culture. We have been listed on the Dow Jones Sustainability World Index for seven consecutive years, ranked most recently as the top performer in the mining industry category.

Our CSR Advisory Board provides input to Barrick management on our corporate responsibility performance and advice on a broad range of these matters. We also continue to implement global human rights compliance programs aligned with the UN Guiding Principles on Business and Human Rights.

In 2015 we're proud to be the exclusive provider of gold, silver and bronze for the athlete medals at the Toronto Pan Am and Parapan Am Games.

 

  • First gold pour at Pueblo Viejo, Dominican Republic, in August 2012.
  • The process plant at Pueblo Viejo.
  • The processing facilities at Cortez, Nevada.
  • The Lagunas Norte mine in Peru has produced more than 50 percent above feasibility expectations and has done so in every year since it entered production.
  • Lab technician Maria Louise Rodriguez works with ionic chromatography equipment at Pueblo Viejo.
  • Pueblo Viejo's state-of-the-art processing facility houses four of the largest autoclaves in the world.
  • Since acquiring Pueblo Viejo, Barrick has revegetated 3,500 hectares of land. Concurrent reclamation uses biodegradable coconut fiber mats from a local women's cooperative to control soil erosion.
  • The dramatic operational turnaround at Lumwana is a major accomplishment for the copper group. The team assessed a number of options to improve cash flow and ultimately implemented a new mine plan which enabled the elimination of a large mining contractor. Contractor costs were further reduced by using in-house maintenance. Production has increased and costs have declined substantially since the first quarter of 2013.
  • Copper cathodes from the Zaldívar mine in Chile are prepared for rail shipment to the port at Antofagasta.
  • Barrick's Goldrush project in Nevada was the recipient of PDAC's prestigious Thayer Lindsley award for an international mineral discovery. A pre-feasibility study is expected to be completed by mid-2015.
  • Barrick is continuing its efforts to use more renewable energy, building on the success of our Punta Colorada wind farm in Chile and our solar farm in Nevada.
  • During 2012, Barrick reduced its Total Reportable Injury Frequency Rate to 0.76, an 18 percent reduction from 0.92 achieved in 2011. Across the company, more diligent implementation of safety standards is making a difference on the front line.
  • Barrick maintains emergency response teams at all its sites around the world. These highly trained professionals are the first responders to any mine emergency, and often assist communities in times of need.
  • Barrick employees worldwide participate in ethics training, including at the Pascua-Lama project in Argentina.
1 2 3 4 5 6 7 8 9 10 14 15 16 17 18

Making history in the gold industry for 30 years

Barrick was first listed on the Toronto Stock Exchange on May 2, 1983. By 1985, it was one of North America’s top gold producers, pursuing an aggressive growth strategy. A year later, the purchase of the Goldstrike Mine in Nevada set the company on a trajectory to international expansion, acquiring mines in South America, Africa and the Australia Pacific region to become the world’s largest gold producer.

FOUNDER & CHAIRMAN EMERITUS
Peter Munk

Peter Munk

Peter Munk is the Founder and Chairman Emeritus of Barrick Gold Corporation. A well-known Canadian business leader and philanthropist, Mr. Munk has built several enterprises that have achieved outstanding performances.

Starting in 1983, Mr. Munk and his management team developed Barrick into one of the world's most successful gold producers. Peter Munk's business strengths are evident in Barrick's sound financial management, entrepreneurial character and solid balance sheet.

Mr. Munk graduated in Electrical Engineering from the University of Toronto in 1952. Among numerous other public honors, he is a Companion of the Order of Canada, the country's highest honor for a private citizen.

 

Where We Are

Our History

What We Do

About Gold
Visit gold.org

Vision & Values

Integrity, respect, responsibility, teamwork and creating shareholder value. Barrick’s vision and values are our compass.

PDF (8 MB)
Date Download Description
January 1, 2013 files/design/bodybg/news.jpg
Inevstors > News
January 1, 2013 files/design/bodybg/presentations.jpg
Investors > Presentation
January 1, 2013 files/design/bodybg/news-details.jpg
Investors > News Details
January 1, 2013 files/design/bodybg/presentation-details.jpg
Investors > Presentation Details
January 1, 2013 files/design/bodybg/quarterly-reports.jpg
Investors > Quarterly Reports
January 1, 2013 files/design/bodybg/regulatory-filings.jpg
Investors > Regulatory Filings
January 1, 2013 files/design/bodybg/regulatory-filings.jpg
Investors > Regulatory Filing Details
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Annual Report 2012
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Message from the Founder and Chairman
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Financial Highlights
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Message from the President and CEO
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Focus on Free Cash Flow
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > World Class Assets
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Exploration
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Corporate Responsibility
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Ethical Business Practices
January 1, 2013 files/design/bodybg/manage-your-shares.jpg
Investors > Manage Your Shares
January 1, 2013 files/design/bodybg/glossary.jpg
Investors > Tax Information – PDG Shareholders
January 1, 2013 files/design/bodybg/operations.jpg
Operations
January 1, 2013 files/design/bodybg/north-america.jpg
Operations > North America
January 1, 2013 files/design/bodybg/hemlo.jpg
Operations > North America > Hemlo
January 1, 2013 files/design/bodybg/pueblo-viejo.jpg
Operations > North America > Pueblo Viejo
January 1, 2013 files/design/bodybg/bald-mountain.jpg
Operations > North America > Bald Mountain
January 1, 2013 files/design/bodybg/cortez.jpg
Operations > North America > Cortez
January 1, 2013 files/design/bodybg/golden-sunlight.jpg
Operations > North America > Golden Sunlight
January 1, 2013 files/design/bodybg/goldstrike.jpg
Operations > North America > Goldstrike
January 1, 2013 files/design/bodybg/marigold.jpg
Operations > North America > Marigold
January 1, 2013 files/design/bodybg/round-mountain.jpg
Operations > North America > Round Mountain
January 1, 2013 files/design/bodybg/ruby-hill.jpg
Operations > North America > Ruby Hill
January 1, 2013 files/design/bodybg/turquoise-ridge.jpg
Operations > North America > Turquoise Ridge
January 1, 2013 files/design/bodybg/south-america.jpg
Operations > South America
January 1, 2013 files/design/bodybg/veladero.jpg
Operations > South America > Veladero
January 1, 2013 files/design/bodybg/lagunas-norte.jpg
Operations > South America > Lagunas Norte
January 1, 2013 files/design/bodybg/australia-pacific.jpg
Operations > Australia Pacific
January 1, 2013 files/design/bodybg/cowal.jpg
Operations > Australia Pacific > Cowal
January 1, 2013 files/design/bodybg/kalgoorlie.jpg
Operations > Australia Pacific > Kalgoorlie
January 1, 2013 files/design/bodybg/kanowna.jpg
Operations > Australia Pacific > Kanowna
January 1, 2013 files/design/bodybg/plutonic.jpg
Operations > Australia Pacific > Plutonic
January 1, 2013 files/design/bodybg/yilgarn.jpg
Operations > Australia Pacific > Yilgarn South
January 1, 2013 files/design/bodybg/porgera.jpg
Operations > Australia Pacific > Porgera
January 1, 2013 files/design/bodybg/copper.jpg
Operations > Cooper
January 1, 2013 files/design/bodybg/zaldivar.jpg
Operations > Cooper > Zaldívar
January 1, 2013 files/design/bodybg/jabal-sayid.jpg
Operations > Cooper > Jabal Sayid
January 1, 2013 files/design/bodybg/lumwana.jpg
Operations > Cooper > Lumwana
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama FAQ's
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — Project Overview
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — Project Overview
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — November 2012
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — December 2012
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — January 2013
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — February 2013
January 1, 2013 files/design/bodybg/cerro-casale.jpg
Operations > Projects > Cerro Casale
January 1, 2013 files/design/bodybg/reko-diq.jpg
Operations > Projects > Reko Diq
January 1, 2013 files/design/bodybg/kabanga.jpg
Operations > Projects > Kabanga
January 1, 2013 files/design/bodybg/donlin-gold.jpg
Operations > Projects > Donlin Gold
January 1, 2013 files/design/bodybg/responsibility.jpg
Responsibility
January 1, 2013 files/design/bodybg/our-approach.jpg
Responsibility > CSR Advisory Board
January 1, 2013 files/design/bodybg/our-approach.jpg
Responsibility > Our Commitment
January 1, 2013 files/design/bodybg/people.jpg
Responsibility > Community
January 1, 2013 files/design/bodybg/our-approach.jpg
Responsibility > Heart of Gold Fund
January 1, 2013 files/design/bodybg/safety.jpg
Responsibility > Safety & Health
January 1, 2013 files/design/bodybg/human-rights.jpg
Responsibility > Human Rights
January 1, 2013 files/design/bodybg/ethics.jpg
Responsibility > Ethics
January 1, 2013 files/design/bodybg/reporting.jpg
Responsibility > Reporting
January 1, 2013 files/design/bodybg/profile.jpg
Company > About Us
January 1, 2013 files/design/bodybg/management.jpg
Company > Management
January 1, 2013 files/design/bodybg/governance.jpg
Company > Governance
January 1, 2013 files/design/bodybg/history.jpg
Company > History
January 1, 2013 files/design/bodybg/glossary.jpg
Company > Glossary
January 1, 2013 files/design/bodybg/careers.jpg
Careers
January 1, 2013 files/design/bodybg/careers.jpg
Careers > Co-op/New Grads
January 1, 2013 files/design/bodybg/careers.jpg
Careers > Why Barrick?
January 1, 2013 files/design/bodybg/careers.jpg
Careers > FAQs
January 1, 2013 files/design/bodybg/video.jpg
Careers > Remarkable people in Nevada
January 1, 2013 files/design/bodybg/video.jpg
Careers > Remarkable people at Barrick
January 1, 2013 files/design/bodybg/video.jpg
Careers > Remarkable people in South America
January 1, 2013 files/design/bodybg/video.jpg
Careers >Remarkable people in Australia
January 1, 2013 files/design/bodybg/suppliers.jpg
Suppliers
January 1, 2013 files/design/bodybg/contact-us.jpg
Contact Us
January 1, 2013 files/design/bodybg/legal.jpg
Legal & Privacy
January 1, 2013 files/design/bodybg/search-results.jpg
Search Results
January 1, 2013 files/design/bodybg/responsibility.jpg
Page Not Found
January 1, 2013 files/design/bodybg/exploration.jpg
Operations > Exploration
January 1, 2013 files/design/bodybg/pierina.jpg
Operations > Pierina
January 1, 2013 files/design/bodybg/environment.jpg
Responsibility > Environment
January 1, 2013 files/design/bodybg/security.jpg
Responsibility > Security
January 1, 2013 files/design/bodybg/stock-performance.jpg
Investors > Share Price & Dividend
January 1, 2013 files/design/bodybg/investor-relations.jpg
Investors Page
January 1, 2013 files/design/bodybg/home-barrick-gold.jpg
Home Page
January 1, 2013 files/design/bodybg/bod.jpg
Company > Board of Directors
January 1, 2013 files/design/bodybg/goldrush.jpg
Operations > Projects
January 1, 2013 files/design/bodybg/quarterly-reports.jpg
Investors > Annual Meeting of Shareholders