Barrick is a leading international gold mining company, with a portfolio of 27 operating mines and seven advanced exploration and development projects located across five continents, and a large land position on the world’s best exploration belts. The Company holds a pre-eminent position within the gold mining industry. The Company also has the largest reserves in the industry, with pro forma gold mineral reserves of 139 million ounces as at December 31, 2005. For 2006, the Company is targeting gold production of 8.6 million ounces and copper production of approximately 370 million pounds. Total cash costs are expected to be about $285 per ounce of gold and about $0.80 per pound of copper.

The Company has a successful track record of mine development, having completed the construction of the Tulawaka, Lagunas Norte and Veladero mines in 2005, and the Cowal mine in early 2006. Barrick has seven more projects at various stages of exploration and development. This robust and unrivalled pipeline of projects is due to the Company’s ongoing commitment to exploration, even in times of lower gold prices. Barrick is also actively exploring for gold in more than 16 countries around the world. 

Barrick has the gold mining industry’s strongest balance sheet, which positions the Company to take prompt advantage of attractive development, exploration and acquisition opportunities as they arise. 

Barrick shares are traded on the Toronto, New York and London stock exchanges.

Quelle: Unternehmen