Barrick Gold Corporation (T:ABX*CA)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: Canada Trust Tower
161 Bay St Suite 3700
Tel: N/A
IR: See website
Key People
John Lawson Thornton
Non-Independent Executive Chairman of the Board
Rodney Burton Quick
Mineral Resource Management and Evaluation Executive
Mark Bristow
President, Chief Executive Officer, Director
Graham P. Shuttleworth
Chief Financial Officer, Senior Executive Vice President
Robert L. Krcmarov
Executive Vice President - Exploration and Growth
Kevin James Thomson
Senior Executive Vice President - Strategic Matters
Kathy Sipos
General Manager - Corporate Office
Grant Beringer
Group Sustainability Executive
Mark F. Hill
Chief Operating Officer, LATAM and Australia Pacific
Willem Jacobs
Chief Operating Officer, Africa and Middle East
Business Overview
Barrick Gold Corp is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company's segments, include Barrick Nevada, Golden Sunlight, Hemlo, Jabal Sayid, Kalgoorlie, Lagunas Norte, Lumwana, Porgera, Pueblo Viejo, Turquoise Ridge, Veladero and Zaldvar. Pueblo Viejo, Lagunas Norte, Veladero and Turquoise Ridge are its individual gold mines. The Company, through its subsidiary Acacia, owns gold mines and exploration properties in Africa. Its Porgera and Kalgoorlie are gold mines. Zaldivar and Lumwana are copper mines. The Pascua-Lama project is located on the border between Chile and Argentina. The Company owns a number of producing gold mines, which are located in Canada, the United States, Peru, Argentina, Australia and the Dominican Republic.
Financial Overview
For the six months ended 30 June 2019, Barrick Gold Corp revenues increased 19% to $4.16B. Net income increased from $64M to $305M. Revenues reflect Gold segment increase of 12% to $3.07B, Copper Production (Metric Tonnes) Lumwan increase of 16% to 51K metric tons. Net income benefited from Loss on currency translation decrease of 82% to $16M (expense). Dividend per share increased from $0.06 to $0.11.
Employees: 22,100 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $50,138M as of Jun 30, 2019
Annual revenue (TTM): $10,486M as of Jun 30, 2019
EBITDA (TTM): $4,060M as of Jun 30, 2019
Net annual income (TTM): -$1,731M as of Jun 30, 2019
Free cash flow (TTM): $134.11M as of Jun 30, 2019
Net Debt Last Fiscal Year: $4,852M as of Jun 30, 2019
Shares outstanding: 1,752,668,983 as of Aug 7, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization