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Saturday, March 19, 2022 1:30:11 AM
Imo there's no need for Barrick Gold to hunt in the world if they can get high quality assets directly in their neighbourhood. Btw I strongly believe that they're well aware of this for long time!! ;) Might be a done deal already, who knows!? I guess they are very satisfied with the previous high quality assets they tookover which explored the same CEO. $BRYYF $ANL #AmaniGold
Mining News
Barrick Gold hunts for high-quality assets around the world, CEO says
by Vladimir Basov Friday March 18, 2022 12:35
Kitco News
(Kitco News) - President and CEO of Barrick Gold Mark Bristow said today that the company is continuing to invest in its future through the development of capital projects that will expand and enhance an operating platform which already holds some of the industry's best assets.
Writing in the company's 2021 annual report, Bristow noted that, while building on this value foundation, Barrick was also expanding its presence into new prospective areas in its hunt for high-quality assets.
"A specialist Asia-Pacific team, set up to look at opportunities in that region, has acquired exploration permits in Japan and are hunting for additional opportunities in that region. We are also investigating projects across the Nubian and Arabian Shields in North Africa and the Middle East," he said.
Bristow added that Barrick has put a particularly strong focus on exploration in Latin America, where the company's teams are testing a portfolio of targets on the El Indio belt along the border between Argentina and Chile; Barrick also added ground in Peru and started fieldwork on new projects in Guyana and Suriname.
"We are working on a well-defined strategy to grow our business in Canada where I believe we are under-invested. A significant exploration portfolio has been secured in the country's Uchi Belt and the team is also looking at other opportunities in the country," he continued.
Marathon says its Valentine gold project gets provincial approval
Bristow also said that Barrick has mapped out and is advancing on a clear road to achievable greenhouse gas emission reduction targets and its long-standing commitment to Environmental, Social and Governance (ESG) principles informs all its business decisions.
"The Social component of ESG tends to be overshadowed by its Environmental counterpart, but for Barrick it is the socio-economic state of our less-developed host countries that is critically important, and much of our sustainability strategy is directed at ensuring that our host communities are not negatively impacted by the world's transition to a green economy," he noted.
"Our drive to employ the next generation of mining talent remained steady, with 56% of our workforce now under the age of 40 and 19% under 30. Throughout the period we also continued to increase our gender diversity, and last year 17% of new hires globally were women. Barrick believes in empowering our people to thrive in a decentralized structure with lean regional teams designed for agility and focused on creating value for all our stakeholders," said Bristow.
By Vladimir Basov
For Kitco News
https://www.kitco.com/news/2022-03-18/Barrick-Gold-hunts-for-high-quality-assets-around-the-world-CEO-says.html
$$$BRYYF$$$
Mining News
Barrick Gold hunts for high-quality assets around the world, CEO says
by Vladimir Basov Friday March 18, 2022 12:35
Kitco News
(Kitco News) - President and CEO of Barrick Gold Mark Bristow said today that the company is continuing to invest in its future through the development of capital projects that will expand and enhance an operating platform which already holds some of the industry's best assets.
Writing in the company's 2021 annual report, Bristow noted that, while building on this value foundation, Barrick was also expanding its presence into new prospective areas in its hunt for high-quality assets.
"A specialist Asia-Pacific team, set up to look at opportunities in that region, has acquired exploration permits in Japan and are hunting for additional opportunities in that region. We are also investigating projects across the Nubian and Arabian Shields in North Africa and the Middle East," he said.
Bristow added that Barrick has put a particularly strong focus on exploration in Latin America, where the company's teams are testing a portfolio of targets on the El Indio belt along the border between Argentina and Chile; Barrick also added ground in Peru and started fieldwork on new projects in Guyana and Suriname.
"We are working on a well-defined strategy to grow our business in Canada where I believe we are under-invested. A significant exploration portfolio has been secured in the country's Uchi Belt and the team is also looking at other opportunities in the country," he continued.
Marathon says its Valentine gold project gets provincial approval
Bristow also said that Barrick has mapped out and is advancing on a clear road to achievable greenhouse gas emission reduction targets and its long-standing commitment to Environmental, Social and Governance (ESG) principles informs all its business decisions.
"The Social component of ESG tends to be overshadowed by its Environmental counterpart, but for Barrick it is the socio-economic state of our less-developed host countries that is critically important, and much of our sustainability strategy is directed at ensuring that our host communities are not negatively impacted by the world's transition to a green economy," he noted.
"Our drive to employ the next generation of mining talent remained steady, with 56% of our workforce now under the age of 40 and 19% under 30. Throughout the period we also continued to increase our gender diversity, and last year 17% of new hires globally were women. Barrick believes in empowering our people to thrive in a decentralized structure with lean regional teams designed for agility and focused on creating value for all our stakeholders," said Bristow.
By Vladimir Basov
For Kitco News
https://www.kitco.com/news/2022-03-18/Barrick-Gold-hunts-for-high-quality-assets-around-the-world-CEO-says.html
$$$BRYYF$$$
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