Barrick Gold www.BARRICK.com
Delivery and development D
espite the disruption caused by the Covid-19 pandemic, Barrick Gold referred to 2020 as ‘a year of delivery and development’ as the company met its production targets and advanced its growth projects. Barrick Gold is pursuing a vision ‘to be the world’s most valued gold mining business by finding, developing and operating the best assets, with the best people, to deliver the best returns, on a sustainable basis, to our owners and partners’. That vision was supported by a consistent operating performance across all quarters of the year, demonstrating the company’s ability to manage impact of the pandemic and its other challenges, which included a coup in Mali, the financial meltdown in Argentina and the Papua New Guinea government’s flirtation with resource nationalism.
World Mining Magazine www.ogsmag.com
8
Higher gold and copper prices drove annual operating cash flow up 91% to $5.4 billion and annual free cash flow to a new record high of $3.4 billion
