Barrick President And Chief Executive Mark Bristow Says Co Is Projecting A 30% Growth In The Production Of Gold-Equivalent Ounces From Its Existing Assets By The End Of This Decade, While Continuing To Unlock The Value Embedded In Its Portfolio
Portfolio Pulse from Benzinga Newsdesk
Barrick Gold Corporation is projecting a 30% growth in gold-equivalent production by the end of the decade, focusing on organic growth from existing assets while exploring value-accretive opportunities.
September 17, 2024 | 5:02 pm
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Barrick Gold is projecting a 30% increase in gold-equivalent production by the end of the decade, focusing on organic growth from existing assets and exploring value-accretive opportunities.
The announcement of a 30% growth in production indicates a positive outlook for Barrick Gold's future revenues and asset utilization. This growth strategy, focusing on organic expansion and potential value-accretive opportunities, suggests a strong position in the market, likely leading to a positive short-term impact on the stock price.
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IMPORTANCE 80
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