Barrick Gold Corp.(TSE:ABX) JUL 04 2015 BUY av $13.39
Barrick Gold Corporation (Barrick) is a gold mining company. The Company is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development. The Company operates in segments: eight individual gold mines, Acacia and the Pascua-Lama project. The remaining operating segments have been grouped into two categories: its remaining gold mines and two copper mines. The Company sells its products on the global market through distribution channels: gold bullion is sold in the spot market for gold; gold and copper concentrate is sold to independent smelting and copper cathode is sold to various manufacturers and traders. The Company owns 14 gold mines in Canada, the US, Peru, Argentina, Australia, the Dominican Republic and Papua New Guinea. He also holds a 63.9% interest in Mining plc Acacia (Acacia) which has gold mines and exploration properties in Africa.