| Business Summary | | Barrick
Gold
Corp.
(Barrick)
is
a
gold
mining
company
that
has
operating
mines
and
development
projects
in
the
United
States,
Peru,
Chile,
Argentina,
Tanzania
and
Canada.
At
December
31,
1999,
proven
and
probable
reserves
stood
at
59.3
million
ounces
of
gold
and
mineralized
material
stood
at
22
million
ounces
of
gold.
Gold
production
is
targeted
at
3.7
million
ounces
in
2000.
Barrick
has
property
containing
27.3
million
ounces
of
reserves,
two
producing
mines,
the
Betze-Post
and
Meikle
Mines,
and
a
third
mine,
Rodeo,
in
development. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Barrick
Gold
Corporation
is
engaged
in
gold
mining
and
related
activities
including
exploration,
development,
mining
and
processing
in
the
United
States,
Canada,
Chile,
and
Peru.
For
the
six
months
ended
6/30/01,
revenues
fell
1%
to
$649
million.
Net
income
fell
4%
to
$138
million.
Revenues
reflect
decreased
average
spot
and
average
realized
gold
prices.
Earnings
reflect
the
change
of
product
mix,
higher
power
costs
at
Goldstrike
and
lower
grades
of
gold
at
Meikle. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Peter Munk, 71 | Chairman | Randall Oliphant | Pres,
CEO | John Carrington, 55 | Vice
Chairman of the Baord and COO | Angus MacNaughton, 67 | Vice
Chairman | Patrick Garver, 47 | Exec.
VP and Gen. Counsel |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|