General presentation of Barrick Gold
A good knowledge of the company Barrick Gold is of course essential if you are planning to analyse this stock. We would therefore like to tell you more about the company and its activities to help you with your research.
Barrick Gold Corporation is a Canadian gold mining company whose primary business is the production and sale of gold and copper. The group also has related activities in exploration and mine development.
It has interests in 14 gold mines, including six tier one gold assets. These include Carlin, Cortez, Turquoise Ridge, Nevada Gold Mines, Pueblo Viejo, Loulo-Gounkoto, Kibali, Beladero, Porgera, North Mara and Bulyanhulu.
Geographically, the company's gold mines are also spread around the world, including Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania and the USA. Copper mines are located in Zambia, Chile and Saudi Arabia.
The Barrick Gold Group is currently headquartered in Toronto, Ontario, Canada. Until a few years ago, the group was positioned as the world's number one gold miner, just ahead of US-based Newmont Mining and South African companies Goldfields and AngloGold Ashanti.
In 2019, however, the Newmont Mining Group, which merged with GoldCorp, became the Newmont Goldcorp Group and the leader in its industry.
Barrick Gold remains one of the world's leading gold companies and its stock is listed on the TSX in Canada and is also included in the S&P/TSX stock index.
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