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Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. [3] It is headquartered in Toronto, Ontario, Canada. [4] It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. [5]
Barrick Gold (ABX) shares rose more than 5% in the last trading session, amid huge volumes.
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Barrick Gold Corp. is the country's largest gold mining company by several measures of size. After growing 3.35% on the year, on November 8, 2012 Goldcorp leapfrogs Barrick Gold in capitalization – Barrick lost 25% of its market value that year. [ 69 ]
It is the largest gold mine in Latin America and 13th largest gold mine in the world. [35] The mine is run by Pueblo Viejo Dominicana Corporation (PVDC), which is 60% owned by Barrick Gold Corporation and 40% owned by Newmont Corporation. [34] Pueblo Viejo employs approximately 2,350 employees and 2,500 contractors. [36]
Barrick Gold Corporation (TSX:ABX) delivered a less impressive 7.27% ROE over the past year, compared to the 13.16% return generated by its industry. ABX’s results could indicate a relatively ...
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