View source for Barrick Mining

{{short description|Mining company}}
{{Use Canadian English|date=February 2022}}
{{Use mdy dates|date=September 2015}}
{{Infobox company
| name = Barrick Mining Corporation
| logo = Barrick_Gold_logo.svg
| image = Barrick Hemlo mine.JPG
| image_caption = Barrick Hemlo mine in Ontario, Canada
| former_names = Barrick Resources Corporation (1983-1985)<br>American Barrick Resources Corporation (1985-1995)<br>Barrick Gold Corporation (1995-2025)
| type = [[Public company|Public]]
| traded_as = {{Plainlist|
* {{NYSE|B}}
* {{TSX|ABX}}
* [[S&P/TSX 60|S&P/TSX 60 component]]
}}
| founded = {{start date and age|1983}}
| founder = [[Peter Munk]]
| key_people = {{Plainlist|
* [[John L. Thornton]]
* ([[Chairman]])
* Mark Hill
* (Interim [[Chief Executive Officer|CEO]], [[Chief Operating Officer|COO]])
}}
| industry = [[Metals]] and [[mining]]
| products = Gold, copper
| revenue = [[US$]]12.922 billion (''2024'')<ref name="financials">{{cite web |url=https://www.barrick.com/files/doc_financial/quarterly_results/2024/q4/Barrick_Q4_2024_MD-A.pdf |title=Management's Discussion and Analysis ("MD&A") Fourth Quarter and Full Year 2024 |author=Barrick Gold Corporation |date=February 12, 2025 |website=www.barrick.com |publisher=Barrick Gold Corporation |access-date=April 9, 2025 |quote= }}</ref>
| operating_income = [[US$]]4.491 billion (''2024'')<ref name="financials"/>
| net_income = [[US$]]3.088 billion (''2024'')<ref name="financials"/>
| assets = [[US$]]47.626 billion (''2024'')<ref name="financials" />
| equity = [[US$]]33.256 billion (''2024'')<ref name="financials"/>
| num_employees_year = 26,800 employees, 27,000 contractors<ref>{{cite web |url=https://www.barrick.com/files/doc_downloads/agm/2025/Barrick_2024_Annual_Information_Form.pdf |title=Annual Information Form |author=Barrick Gold Corporation |date=December 31, 2024 |website=www.barrick.com |publisher=Barrick Gold Corporation |access-date=April 9, 2025 |quote= }}</ref>
| homepage = {{Official URL}}
}}

'''Barrick Mining Corporation''' is a mining company that produces gold and copper. It has mining operations and projects in [[Argentina]], [[Canada]], [[Chile]], [[Côte d'Ivoire]], [[Democratic Republic of the Congo]], [[Dominican Republic]], [[Ecuador]], [[Egypt]], [[Mali]], [[Pakistan]], [[Papua New Guinea]], [[Peru]], [[Saudi Arabia]], [[Senegal]], [[Tanzania]], the [[United States]] and [[Zambia]].<ref>{{cite web|url=https://www.barrick.com/English/operations/default.aspx |title=Barrick Gold Corporation – Operations |access-date=April 10, 2025}}</ref> In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce<ref name="financials" /> and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound.<ref name="financials" /> {{As of|2024|12|31|post=,}} the company had proven and probable reserves of 89 million ounces of gold and 18 million tonnes of copper.<ref name="financials" />

Barrick had been the world's largest gold mining company until [[Newmont]] acquired [[Goldcorp]] in 2019.<ref>{{cite news
| last1        = McNish
| first1        = Jacquie
| last2        = MacDonald
| first2        = Alistair
| date        = January 14, 2019
| title        = Newmont to Buy Goldcorp, Creating World's Largest Gold Miner
| url        = https://www.wsj.com/articles/newmont-to-buy-goldcorp-in-deal-valued-at-10-billion-11547461489
| work        = [[Wall Street Journal]]
| access-date        = July 24, 2020
| archive-date        = July 21, 2020
| archive-url        = https://web.archive.org/web/20200721152103/https://www.wsj.com/articles/newmont-to-buy-goldcorp-in-deal-valued-at-10-billion-11547461489
| url-status        = live
}}</ref> Barrick expects to produce between 3.9 and 4.3 million ounces of gold and between 180 and 210 million tonnes of copper in 2024.<ref name="financials" />

The company has previously been known as Barrick Gold Corporation (1995-2025), American Barrick Resources Corporation (1985-1995) and Barrick Resources (1983-1985).<ref>{{cite web |author=<!-- not stated --> |date=June 15, 2011 |title=Barrick Gold Corporate History (1980-2000) – International Directory of Company Histories |url=https://republicofmining.com/2011/06/15/barrick-gold-corporate-history-1980-2000-international-directory-of-company-histories/ |website=Republic of Mining |location= |publisher= |access-date=May 1, 2025}}</ref>

Chief executive Mark Bristow said in 2020 that Barrick has debated moving its primary stock listing to the [[New York Stock Exchange]] from the [[Toronto Stock Exchange]], broadening its exposure to potential investors.<ref>{{cite news
| last         = MacDonald
| first         = Alistair
| date         = August 5, 2020
| title         = Canada's Barrick Gold Considers Switching Primary Stock Listing to NYSE
| url         = https://www.wsj.com/articles/canadas-barrick-gold-considers-switching-primary-stock-listing-to-nyse-11596646588
| url-access         = subscription
| work         = The Wall Street Journal
| access-date         = August 5, 2020
| archive-date         = August 5, 2020
| archive-url         = https://web.archive.org/web/20200805173633/https://www.wsj.com/articles/canadas-barrick-gold-considers-switching-primary-stock-listing-to-nyse-11596646588
| url-status         = live
}}</ref>

==History==

===Founding and early years===

====Barrick Resources====
Barrick Gold Corporation evolved from a [[privately held company|privately held]] North American oil and gas company,<ref>Rohmer, pp. 191–192.</ref> Barrick Resources.<ref>Rohmer, p. 193.</ref> After suffering financial losses in oil and gas,<ref>Rohmer, p. 198.</ref> founder [[Peter Munk]] (1927–2018) decided to refocus the company on gold.<ref>Rohmer, p. 197.</ref> Barrick Resources Corporation became a [[publicly traded company]] on May 2, 1983,<ref>{{cite news |last=Abrams |first=Ovid |title=Barrick grows from zero to 8 million oz of output in 25 years |newspaper=Metals Week |date=May 19, 2008}}</ref> listing on the [[Toronto Stock Exchange]].<ref>{{cite news |title=Mining Claim Abstract Transaction Listing |newspaper=Ontario Ministry of Northern Development, Mines and Forestry |date=July 14, 1984 |url=http://www.mci.mndm.gov.on.ca/Claims/Cf_Claims/clm_cssm.CFM?Claim_View__Claim_Number=641390 |access-date=September 29, 2009 |archive-url=https://web.archive.org/web/20110706192214/http://www.mci.mndm.gov.on.ca/Claims/Cf_Claims/clm_cssm.CFM?Claim_View__Claim_Number=641390 |archive-date=July 6, 2011 |url-status=dead |df=mdy-all }}</ref>

===1986 to 2005===

==== Goldstrike ====
{{Main|Goldstrike mine}}
In the 1980s, Barrick Gold purchased Goldstrike, which was a rapid success making Barrick one of the biggest gold mining companies globally.

====American Barrick====
Reflecting its identity as a North American producer, distinct from its South African competitors, the company's name was changed to American Barrick Resources in 1986.<ref>Rohmer, pp. 232–233.</ref> It was listed on the [[New York Stock Exchange]] in February 1987.<ref>Rohmer, p. 235.</ref> Its name was changed to Barrick Gold Corporation in 1995.<ref>Rohmer, p. 291.</ref>

====Barrick Gold Corporation====
American Barrick became the third-largest gold mining company in the world when it acquired [[Lac Minerals]] in 1994, which owned mining properties in North and South America.<ref>{{cite news | last = Farnsworth | first = Clyde H. | title = Lac Minerals Agrees to Friendly Takeover | newspaper = The New York Times | date = August 25, 1994 | url = https://www.nytimes.com/1994/08/25/business/company-news-lac-minerals-agrees-to-friendly-takeover.html?pagewanted=1 | access-date = September 16, 2009 | archive-date = July 4, 2015 | archive-url = https://web.archive.org/web/20150704082642/http://www.nytimes.com/1994/08/25/business/company-news-lac-minerals-agrees-to-friendly-takeover.html?pagewanted=1 | url-status = live }}</ref> Two years later, in 1996, Arequipa Resources, owner of properties including the Pierina mine in [[Peru]], accepted a takeover offer from the renamed Barrick Gold Corporation. A third acquisition followed in early 1999, when Barrick Gold acquired Sutton Resources Ltd., assuming ownership of properties in [[Tanzania]].<ref name="nyt1999">{{cite news
|title = Barrick Gold to Buy Sutton Resources for $350 Million
|newspaper = The New York Times
|date = February 19, 1999
|url = https://www.nytimes.com/1999/02/19/business/company-news-barrick-gold-to-buy-sutton-resources-for-350-million.html?pagewanted=1
|access-date = September 16, 2009
|archive-date = February 10, 2016
|archive-url = https://web.archive.org/web/20160210102229/http://www.nytimes.com/1999/02/19/business/company-news-barrick-gold-to-buy-sutton-resources-for-350-million.html?pagewanted=1
|url-status = live
}}</ref> In 2001, Barrick acquired [[Homestake Mining Company]] for $2.3 billion in stock, then one of the oldest mining companies in the United States.<ref name="nytimes.com">{{cite news |last=DePalma |first=Anthony |title=Canadian Company to Buy A U.S. Miner for $2.3 Billion |newspaper=The New York Times |date=June 26, 2001 |url=https://www.nytimes.com/2001/06/26/business/canadian-company-to-buy-a-us-miner-for-2.3-billion.html?pagewanted=1 |access-date=September 16, 2009 |archive-date=March 23, 2012 |archive-url=https://web.archive.org/web/20120323202711/http://www.nytimes.com/2001/06/26/business/canadian-company-to-buy-a-us-miner-for-2.3-billion.html?pagewanted=1 |url-status=live }}</ref> The purchase made Barrick the second-largest gold producer in the world.<ref name="nytimes.com"/>

===Placer Dome acquisition===
In December 2005, Barrick launched a [[Takeover#Hostile|hostile takeover]] bid valued at US$9.2 billion for rival Canadian gold miner Placer Dome.<ref>{{cite web |url=http://www.canadianminingjournal.com/news/special-report-barrick-launches-bid-for-placer-dome/ |title=Barrick launches bid for Placer Dome |publisher=Canadianminingjournal.com |date=2005-10-31 |access-date=2018-12-31 |archive-date=August 3, 2017 |archive-url=https://web.archive.org/web/20170803045817/http://www.canadianminingjournal.com/news/special-report-barrick-launches-bid-for-placer-dome/ |url-status=live }}</ref> The $10.4 billion transaction closed in December 2006.<ref>{{cite news|title=Placer Dome accepts Barrick's sweetened $10.4B US takeover bid |newspaper=CBC News |date=December 22, 2005 |url=https://www.cbc.ca/news/business/placer-dome-accepts-barrick-s-sweetened-10-4b-us-takeover-bid-1.518970 |access-date=October 1, 2009 |url-status=live |archive-url=https://web.archive.org/web/20070809024753/http://www.cbc.ca/money/story/2005/12/22/barrick-051222.html |archive-date=August 9, 2007 }}</ref><ref>{{cite news |last=Choy |first=Leng Yeong |title=Barrick Profit Surges to Record as Gold Price Rallies (Update2) |newspaper=Bloomberg |date=August 2, 2006 |url=https://www.bloomberg.com/apps/news?pid=20601082&sid=axEH4vQRHQSQ&refer=canada |access-date=October 1, 2009 |archive-date=April 1, 2023 |archive-url=https://web.archive.org/web/20230401023748/https://www.bloomberg.com/politics?pid=20601082&refer=canada&sid=axEH4vQRHQSQ |url-status=live }}</ref> The acquisition of Placer Dome by Barrick made Barrick the operator of the [[Granny Smith Gold Mine|Granny Smith]], Osborne, [[Porgera Gold Mine|Porgera]], [[South Deep mine|South Deep]], [[Bald Mountain mine|Bald Mountain]], [[Cortez Gold Mine|Cortez]] and [[Golden Sunlight mine|Golden Sunlight]] mines.<ref>{{cite web |url=https://www.sec.gov/Archives/edgar/data/819996/000094523403000078/o09063e40vf.htm |title=FORM 40-F PLACER DOME INC. |author=<!--Not stated--> |date=December 31, 2002 |website= |publisher=U.S. Securities and Exchange Commission |access-date=February 16, 2024 |quote=}}</ref>

===2006 to present===

====African Barrick Gold====
In February 2010, Barrick Gold announced plans to create a separate company to hold its assets in Tanzania, called [[African Barrick Gold]].<ref name="Bieshuevel">{{cite news |last=Bieshuevel |first=Thomas |title=Barrick Spinoff to Create Biggest UK Gold Miner (Update 3) |newspaper=Business Week |url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=axMl.XqDiiZA |publisher=Bloomberg |date=February 18, 2010 |access-date=July 9, 2013 |archive-date=July 9, 2013 |archive-url=https://web.archive.org/web/20130709143038/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=axMl.XqDiiZA |url-status=live }}</ref> Barrick Gold would retain majority ownership in the new company, after its listing on the [[London Stock Exchange]] (LSE).<ref name="Bieshuevel" /> African Barrick Gold was listed on the London Stock Exchange in mid-March 2010, with an IPO valuation at US$3.6 billion.<ref>{{cite news |url=http://in.reuters.com/article/idINLDE62G29P20100319 |archive-url=https://archive.today/20120719203555/http://in.reuters.com/article/idINLDE62G29P20100319 |url-status=dead |archive-date=July 19, 2012 |work=Reuters |title=African Barrick Gold IPO priced at 575 pence |date=March 19, 2010 |access-date=August 16, 2010 }}</ref> The shares offered on the LSE raised just more than 500 million pounds.<ref>{{cite news |url=https://www.thestar.com/business/article/782584--african-barrick-s-ipo-bought-up-fully-in-london |work=The Star |title=African Barrick's IPO bought up fully in London |date=March 20, 2010 |access-date=August 16, 2010 |location=Toronto |first1=Daisy |last1=Ku |first2=Julie |last2=Crust |archive-date=March 23, 2010 |archive-url=https://web.archive.org/web/20100323020823/http://www.thestar.com/business/article/782584--african-barrick-s-ipo-bought-up-fully-in-london |url-status=live }}</ref> In June the company was admitted to the [[FTSE 100 Index]].<ref>{{cite web |url=http://www.ftse.com/Media_Centre/Press_Releases/index.jsp?startat=32 |title=African Barrick Gold and Essar Energy to join FTSE 100 |date=June 9, 2010 |access-date=August 16, 2010 |archive-url=https://web.archive.org/web/20110614084636/http://www.ftse.com/Media_Centre/Press_Releases/index.jsp?startat=32 |archive-date=June 14, 2011 |url-status=dead }}</ref>

====Equinox Minerals====
In April 2011, Barrick beat a takeover offer for [[Equinox Minerals]] by [[China Minmetals]].<ref>{{cite web |url=http://www.mining-journal.com/finance/equinox-rejects-minmetals |access-date=April 11, 2011 |title=Equinox rejects Minmetals |date=April 11, 2011 |archive-url=https://web.archive.org/web/20120318035106/http://www.mining-journal.com/finance/equinox-rejects-minmetals |archive-date=March 18, 2012 |url-status=dead |df=mdy-all }}</ref><ref>{{cite news |url=https://www.bbc.co.uk/news/business-13187997 |title=Barrick Gold beats Minmetals to buy Equinox Minerals|work=BBC News |date=April 25, 2011 |access-date=April 25, 2011 |archive-url=https://web.archive.org/web/20110426034802/http://www.bbc.co.uk/news/business-13187997 |archive-date=April 26, 2011 |url-status=live}}</ref>

====Shandong Gold====
In 2018, John L. Thornton orchestrated a strategic “trust-based relationship” between Barrick Gold and Shandong Gold Group, a Chinese state-owned enterprise, establishing joint ownership of the Veladero mine to capitalize on Shandong's investor base, capital suppliers, political connections, and regional influence. In the press release announcing the partnership, Thornton said that Barrick and Shandong were looking forward to “sharing... capital in ways that will create added value for our respective owners, and our government and community partners in San Juan province”.<ref>{{Cite web|url=https://www.barrick.com/news/news-details/2017/Barrick-Announces-Strategic-Cooperation-Agreement-with-Shandong-Gold/default.aspx|title=Barrick Announces Strategic Cooperation Agreement with Shandong Gold|date=6 April 2017|website=barrick.com|access-date=December 6, 2019|archive-date=December 6, 2019|archive-url=https://web.archive.org/web/20191206191555/https://www.barrick.com/news/news-details/2017/Barrick-Announces-Strategic-Cooperation-Agreement-with-Shandong-Gold/default.aspx|url-status=live}}</ref>

====Randgold Resources====
In September 2018, Barrick Gold announced an all-stock merger with [[Randgold Resources]] in a deal valued at $6.5 billion.<ref>{{Cite web|url=https://www.reuters.com/article/us-randgold-rsrcs-m-a-barrickgold/canadas-barrick-gold-to-buy-randgold-resources-in-18-3-billion-deal-idUSKCN1M40NU|title=Canada's Barrick Gold to buy Randgold for $6.5 billion|last=Shabalala|first=Zandi and Justin George Varghese and Clara Denina|date=24 September 2018|website=Reuters|access-date=September 24, 2018|archive-date=August 1, 2019|archive-url=https://web.archive.org/web/20190801061835/https://www.reuters.com/article/us-randgold-rsrcs-m-a-barrickgold/canadas-barrick-gold-to-buy-randgold-resources-in-18-3-billion-deal-idUSKCN1M40NU|url-status=live}}</ref><ref>{{Cite news|url=https://www.reuters.com/article/us-randgold-rsrcs-m-a-barrickgold/canadas-barrick-gold-to-buy-randgold-resources-in-18-3-billion-deal-idUSKCN1M40NU|title=Canada's Barrick Gold to buy Randgold Resources in $18.3 billion deal|first1=Zandi|last1=Shabalala|first2=Justin George|last2=Varghese|first3=Clara|last3=Denina|work=U.S.|access-date=2018-09-24|language=en-US|archive-date=August 1, 2019|archive-url=https://web.archive.org/web/20190801061835/https://www.reuters.com/article/us-randgold-rsrcs-m-a-barrickgold/canadas-barrick-gold-to-buy-randgold-resources-in-18-3-billion-deal-idUSKCN1M40NU|url-status=live}}</ref> Immediately following the announcement of the merger, Randgold shares rose 6% and Barrick shares rose 5.6%.<ref name="Reuters">{{cite news |last1=Shabalala |first1=Zandi |last2=Varghese |first2=Justin George |last3=Denina |first3=Clara |date=September 24, 2018 |title=Canada's Barrick Gold to buy Randgold for $6.5 billion |url=https://www.reuters.com/article/us-randgold-rsrcs-m-a-barrickgold-idUSKCN1M40NU |work=Reuters |location= |access-date= |archive-date=February 5, 2022 |archive-url=https://web.archive.org/web/20220205182614/https://www.reuters.com/article/us-randgold-rsrcs-m-a-barrickgold-idUSKCN1M40NU |url-status=live }}</ref> The deal created the world's largest gold producer with the new company listed on the Toronto Stock Exchange and New York Stock Exchange.<ref name="Reuters"/> The companies began talking about a combination in 2015 and the deal was orchestrated by Barrick Executive Chairman John L. Thornton and Randgold Founder and CEO Mark Bristow, who became CEO of the merged company.<ref>{{cite news |last1=Patterson |first1=Scott |last2=McNish |first2=Jacquie |date=September 24, 2018 |title=Gold Giant Barrick Agrees to Buy Rival Randgold for $6 Billion |url=https://www.wsj.com/articles/barrick-randgold-to-create-gold-mining-giant-with-18-3-billion-merger-1537772156 |work=The Wall Street Journal |location= |access-date= |archive-date=September 24, 2018 |archive-url=https://web.archive.org/web/20180924093938/https://www.wsj.com/articles/barrick-randgold-to-create-gold-mining-giant-with-18-3-billion-merger-1537772156 |url-status=live }}</ref>

====Newmont====
In February 2019, Barrick Gold announced a hostile $19 billion bid to acquire [[Newmont]].<ref>{{Cite web|url=https://www.forbes.com/sites/greatspeculations/2019/09/30/newmont-goldcorp-or-barrick-gold--who-is-winning-the-gold-war/#4b9d716c16b5|title=Newmont-Goldcorp or Barrick Gold – Who is Winning the Gold War?|date=30 September 2019|website=Forbes|access-date=December 6, 2019|archive-date=November 22, 2019|archive-url=https://web.archive.org/web/20191122112128/https://www.forbes.com/sites/greatspeculations/2019/09/30/newmont-goldcorp-or-barrick-gold--who-is-winning-the-gold-war/#4b9d716c16b5|url-status=live}}</ref><ref>{{Cite web|url=https://www.cfo.com/ma/2019/02/barrick-gold-proposes-merger-with-newmont/|title=Barrick Gold Proposes Merger with Newmont|last=Sprouse|first=William|date=25 February 2019|website=CFO.com|access-date=December 6, 2019|archive-date=December 6, 2019|archive-url=https://web.archive.org/web/20191206163754/https://www.cfo.com/ma/2019/02/barrick-gold-proposes-merger-with-newmont/|url-status=live}}</ref> It was estimated that a merger could create $7 billion of value in operational synergies and would result in a 14% rise in Newmont's net asset value per share.<ref>{{cite news |last1=Franck |first1=Thomas |last2=DiChristopher |first2=Tom |date=February 25, 2019 |title=Barrick Gold launches unsolicited bid to acquire Newmont in all-stock mining deal |url=https://www.cnbc.com/2019/02/25/barrick-gold-launches-bid-to-acquire-newmont-in-blockbuster-all-stock-mining-deal.html |work=CNBC |location= |access-date= |archive-date=January 17, 2022 |archive-url=https://web.archive.org/web/20220117054229/https://www.cnbc.com/2019/02/25/barrick-gold-launches-bid-to-acquire-newmont-in-blockbuster-all-stock-mining-deal.html |url-status=live }}</ref> The deal would have created a gold mining company with a market value of about $42 billion that some said would be a long-overdue restructuring of the global gold industry.<ref>{{cite news |last=Vella |first=Heidi |date=April 2, 2019 |title=Wrestle mania: inside the Goldcorp-Newmont-Barrick mega deal |url=https://www.mining-technology.com/features/the-goldcorp-newmont-barrick-mega-deal/ |work=Mining Technology |location= |access-date= |archive-date=December 6, 2019 |archive-url=https://web.archive.org/web/20191206163812/https://www.mining-technology.com/features/the-goldcorp-newmont-barrick-mega-deal/ |url-status=live }}</ref> Merging gold companies could make the industry more attractive to general investors as gold reserves are shrinking across the globe so fewer competitors could boost growth prospects.<ref>{{cite news |last=Scheyder |first=Ernest |date=February 25, 2019 |title=Barrick CEO defends $18 billion hostile Newmont bid as logical tie-up |url=https://www.reuters.com/article/us-newmont-mining-m-a-barrick-gold-idUSKCN1QE1BC |work=Reuters |location= |access-date= |archive-date=September 10, 2022 |archive-url=https://web.archive.org/web/20220910093257/https://www.reuters.com/article/us-newmont-mining-m-a-barrick-gold-idUSKCN1QE1BC |url-status=live }}</ref> Newmont rejected the takeover offer and instead suggested the two companies' operations in Nevada, USA, be merged with Newmont CEO Gary Goldberg insisting that the joint venture be operated by Newmont with the two companies dividing the ownership equally.<ref>{{cite news |last1=MacDonald |first1=Alistair |last2=McNish |first2=Jacquie |date=March 4, 2019 |title=Nevada's Gold Is at Center of Barrick vs. Newmont Fight |url=https://www.wsj.com/articles/nevada-is-the-jackpot-of-a-barrick-newmont-merger-11551709522 |work=The Wall Street Journal |location= |access-date= |archive-date=September 23, 2021 |archive-url=https://web.archive.org/web/20210923122359/https://www.wsj.com/articles/nevada-is-the-jackpot-of-a-barrick-newmont-merger-11551709522 |url-status=live }}</ref> A joint venture was subsequently announced in March 2019 with Barrick as the operator owning 61.5% of the business.<ref>{{cite news |last=Friedman |first=Gabriel |date=March 11, 2019 |title=Is the Barrick-Newmont joint venture a 'stepping stone' to a bigger deal? |url=https://financialpost.com/commodities/mining/is-the-barrick-newmont-joint-venture-a-stepping-stone-to-a-bigger-deal |work=Financial Post |location= |access-date= |archive-date=May 18, 2022 |archive-url=https://web.archive.org/web/20220518092521/https://financialpost.com/commodities/mining/is-the-barrick-newmont-joint-venture-a-stepping-stone-to-a-bigger-deal |url-status=live }}</ref>

====Nevada Gold Mines====
On July 1, 2019, Barrick and [[Newmont]] launched Nevada Gold Mines.<ref>{{cite web |url=https://www.mining-technology.com/news/barrick-newmont-launch-nevada-mines/ |title=Barrick and Newmont Goldcorp Launch New Company Nevada Gold Mines |date=July 1, 2019 |website=Mining Technology |access-date=July 2, 2019 |archive-date=July 2, 2019 |archive-url=https://web.archive.org/web/20190702150950/https://www.mining-technology.com/news/barrick-newmont-launch-nevada-mines/ |url-status=live }}</ref><ref>{{cite web |url=https://seekingalpha.com/news/3475006-barrick-newmont-launch-nevada-gold-mines |title=Barrick, Newmont launch Nevada Gold Mines |last=Singh |first=Vandana |date=July 1, 2019 |website=Seeking Alpha |access-date=February 14, 2022 |archive-date=October 23, 2021 |archive-url=https://web.archive.org/web/20211023202938/https://seekingalpha.com/news/3475006-barrick-newmont-launch-nevada-gold-mines |url-status=live }}</ref><ref>{{cite web|url=https://www.miningglobal.com/operations/barrick-gold-and-newmont-goldcorp-launch-nevada-gold-mines|title=Barrick Gold and Newmont Goldcorp launch Nevada Gold Mines|website=MiningGlobal.com|access-date=2019-07-02|archive-date=July 2, 2019|archive-url=https://web.archive.org/web/20190702172854/https://www.miningglobal.com/operations/barrick-gold-and-newmont-goldcorp-launch-nevada-gold-mines|url-status=live}}</ref> The combined operation is the single largest gold mining complex in the world and employs more than 7,000 people.<ref name="Havenner">{{cite news
| last         = Havenner
| first         = Nathan
| date         = July 1, 2020
| title         = Nevada Gold Mines celebrates first anniversary
| url         = https://elkodaily.com/mining/nevada-gold-mines-celebrates-first-anniversary/article_0d81aced-1ca0-5029-831f-1f118b487259.html
| work         = Elko Daily Free Press
| access-date         = July 27, 2020
| archive-date         = July 20, 2020
| archive-url         = https://web.archive.org/web/20200720161354/https://elkodaily.com/mining/nevada-gold-mines-celebrates-first-anniversary/article_0d81aced-1ca0-5029-831f-1f118b487259.html
| url-status         = live
}}</ref> It combined the mines [[Goldstrike mine|Goldstrike]], [[Cortez Gold Mine|Cortez]], Turquoise Ridge, and Goldrush from Barrick and Newmont's Carlin, Twin Creeks, Phoenix, Long Canyon sites, plus the associated processing plants and infrastructure of both companies.<ref>{{cite news
| last         = Jamasmie
| first         = Cecilia
| date         = April 22, 2019
| title         = Barrick, Newmont JV completed, world's largest gold complex is born
| url         = https://www.mining.com/barrick-newmont-joint-venture-nevada-clears-hurdles/
| work         = Mining.com
| access-date         = July 27, 2020
| archive-date         = October 29, 2021
| archive-url         = https://web.archive.org/web/20211029171829/https://www.mining.com/barrick-newmont-joint-venture-nevada-clears-hurdles/
| url-status         = live
}}</ref> The joint venture was created after Barrick gave up a takeover bid for Newmont in early 2019.<ref>{{cite news
| author         = <!--Staff writer(s); no by-line.-->
| title         = Barrick, Newmont joint venture to be named Nevada Gold Mines
| url         = https://apnews.com/b75d1e812030454fa41f1474667283de
| work         = The Associated Press
| date         = May 8, 2019
| access-date         = July 27, 2020
| archive-date         = July 27, 2020
| archive-url         = https://web.archive.org/web/20200727153330/https://apnews.com/b75d1e812030454fa41f1474667283de
| url-status         = live
}}</ref>

Nevada Gold Mines in total comprises 10 underground and 12 opencast mines, two autoclave facilities, two roasting facilities, four oxide mills, a flotation plant and five heap leach facilities.<ref>{{cite news
| last         = Chuddihy
| first         = Claire
| date         = July 8, 2019
| title         = Barrick Gold and Newmont launch Nevada Gold Mines
| url         = https://www.globalminingreview.com/mining/08072019/barrick-gold-and-newmont-launch-nevada-gold-mines/
| work         = Global Mining Review
| access-date         = July 27, 2020
| archive-date         = July 27, 2020
| archive-url         = https://web.archive.org/web/20200727154819/https://www.globalminingreview.com/mining/08072019/barrick-gold-and-newmont-launch-nevada-gold-mines/
| url-status         = live
}}</ref> Barrick owns 61.5% of the joint venture and operates the business, while Newmont owns 38.5%.<ref>{{cite web
 |url= https://www.newmont.com/operations-and-projects/global-presence/north-america/nevada-us/default.aspx
 |title= Nevada U.S.
 |website= Newmont Corporation
 |access-date= July 27, 2020
 |archive-date= August 3, 2020
 |archive-url= https://web.archive.org/web/20200803091206/https://www.newmont.com/operations-and-projects/global-presence/north-america/nevada-us/default.aspx
 |url-status= live
 }}</ref> It was estimated that $500 million could be saved by creating the joint venture in average annual synergies during the first five years of operating the joint venture.<ref name="auto3">{{cite news
| author         = <!--Staff writer(s); no by-line.-->
| title         = Barrick, Newmont 'tear down fences' to create biggest gold producer yet
| url         = https://financialpost.com/commodities/mining/newsalert-barrick-and-newmont-sign-nevada-joint-venture-agreement
| work         = The Canadian Press
| date         = March 11, 2019
| access-date         = July 27, 2020
| archive-date         = July 27, 2020
| archive-url         = https://web.archive.org/web/20200727171328/https://financialpost.com/commodities/mining/newsalert-barrick-and-newmont-sign-nevada-joint-venture-agreement
| url-status         = live
}}</ref> After its first year of operation, $35 million in operating and management costs were saved.<ref name="Havenner"/> Over 20 years, it is estimated that $4.7 billion of total savings will be realised.<ref name="auto3"/>

====Reko Diq Project====
Pakistan plans to grant Barrick a mining lease, exploration license and surface rights to restart the Reko Diq copper-gold project, it was announced in March 2022.<ref name="Spezzati">{{cite news |last=Spezzati |first=Stefania |date=March 20, 2022 |title=Barrick Gets to Restart Huge Gold and Copper Project in Pakistan |url=https://www.bloomberg.com/news/articles/2022-03-20/barrick-gold-pakistan-agree-to-restart-reko-diq-project |work=Bloomberg |location= |access-date= |archive-date=April 13, 2022 |archive-url=https://web.archive.org/web/20220413135703/https://www.bloomberg.com/news/articles/2022-03-20/barrick-gold-pakistan-agree-to-restart-reko-diq-project |url-status=live }}</ref> The project when in production has the potential to be one of the top five gold-copper mines in the world.<ref name="Shah">{{cite news |last=Shah |first=Saeed |date=March 20, 2022 |title=Pakistan Reaches Deal With Mining Companies |url=https://www.wsj.com/articles/pakistan-reaches-deal-with-mining-companies-11647793113 |work=The Wall Street Journal |location= |access-date= |archive-date=April 13, 2022 |archive-url=https://web.archive.org/web/20220413135703/https://www.wsj.com/articles/pakistan-reaches-deal-with-mining-companies-11647793113 |url-status=live }}</ref> It has the potential to produce 250,000 ounces of gold and 200,000 tons of copper every year for more than half a century and could be in production by 2027.<ref name="Spezzati"/> It was estimated that the project site contains up to 42 million ounces of gold and 54 billion pounds of copper in a study done in 2010.<ref>{{cite news |last=Friedman |first=Gabriel |date=March 21, 2022 |title=Copper's contribution to Barrick's bottom line is increasing as Pakistan project revived |url=https://financialpost.com/commodities/mining/coppers-contribution-to-barricks-bottom-line-is-increasing-as-pakistan-project-revived |work=Financial Post |location= |access-date= |archive-date=March 27, 2022 |archive-url=https://web.archive.org/web/20220327015955/https://financialpost.com/commodities/mining/coppers-contribution-to-barricks-bottom-line-is-increasing-as-pakistan-project-revived |url-status=live }}</ref> The mineral deposit was discovered at the foot of an extinct volcano in the 2000s.<ref>{{cite news |last1=Shahzad |first1=Asif |last2=Raza Hassan |first2=Syed |date=March 20, 2022 |title=Barrick to restart Reko Diq project in deal ending dispute with Pakistan |url=https://www.reuters.com/world/asia-pacific/barrick-agrees-deal-with-pakistan-waive-11-bln-penalty-restart-reko-diq-2022-03-20/ |work=Reuters |location= |access-date= |archive-date=April 13, 2022 |archive-url=https://web.archive.org/web/20220413135703/https://www.reuters.com/world/asia-pacific/barrick-agrees-deal-with-pakistan-waive-11-bln-penalty-restart-reko-diq-2022-03-20/ |url-status=live }}</ref> Work on the project was stopped in 2011 when a mining license to develop the Reko Diq mine was refused to be granted by Pakistani authorities.<ref name="Shah"/> Ownership of the mine is to be split evenly between Pakistan and Barrick, which are investing about $10 billion in the project, which is the single largest investment in the country.<ref name="Shah"/> About 8,000 jobs are expected to be created and about $1 billion will be invested in a new mining technical school along with hospital, schools and roads in the province of Balochistan, which is poor and sparsely populated.<ref name="Shah"/> Construction of the mine will take place in two phases beginning with a processing plant with the capacity of 40 million tonnes per year and doubling five years after being commissioned.<ref>{{cite news |author=<!--not stated--> |date=April 13, 2022 |title=Barrick unveils two-phased construction approach for Reko Diq project |url=https://www.mining-technology.com/news/barrick-construction-reko-diq/ |work=Mining Technology |location= |access-date= |archive-date=April 14, 2022 |archive-url=https://web.archive.org/web/20220414130419/https://www.mining-technology.com/news/barrick-construction-reko-diq/ |url-status=live }}</ref>

The federal government of Pakistan and provincial government of Balochistan have called the agreement with Barrick Gold to develop the Reko Diq copper-gold project the largest investment pact they have ever made.<ref name="auto4">{{cite news |last=Bhatti |first=Gul Ayesha |date=January 3, 2023 |title=Reko Diq project: A ray of hope for Balochistan |url=https://www.pakistantoday.com.pk/2023/01/03/reko-diq-project-a-ray-of-hope-for-balochistan/ |work=Pakistan Today |access-date=January 31, 2023 |archive-date=January 31, 2023 |archive-url=https://web.archive.org/web/20230131134813/https://www.pakistantoday.com.pk/2023/01/03/reko-diq-project-a-ray-of-hope-for-balochistan/ |url-status=live }}</ref> The agreement signed in December 2022 has the province of Baluchistan owning 10% of the project on a free carried basis,<ref name="auto4"/> 15% on a fully funded basis,<ref name="auto4"/> 25% by three state-owned enterprises,<ref name="auto4"/> and 50% by Barrick Gold.<ref name="auto4"/> Next steps to ramp-up the project include completing the updated feasibility study by the end of 2024<ref name="auto2">{{cite news |author=<!--not stated--> |date=January 16, 2023 |title=Barrick targets 2028 for first production from Reko Diq |url=https://www.mining.com/barrick-targets-2028-for-first-production-from-reko-diq/ |access-date=January 31, 2023 |archive-date=January 31, 2023 |archive-url=https://web.archive.org/web/20230131134815/https://www.mining.com/barrick-targets-2028-for-first-production-from-reko-diq/ |url-status=live }}</ref> with first production of gold and copper to occur in 2028.<ref name="auto2"/>

==Berkshire Hathaway==
[[Berkshire Hathaway]] disclosed that it purchased $562 million in shares of Barrick during the second quarter of 2020, immediately making it the eleventh-largest shareholder in the company.<ref>{{cite news
| last         = Fitzgerald
| first         = Maggie
| date         = August 17, 2020
| title         = Barrick Gold's stock soars after Buffett's Berkshire reveals stake
| url         = https://www.cnbc.com/2020/08/17/barrick-golds-stock-soars-after-buffetts-berkshire-reveals-stake.html
| work         = CNBC
| access-date         = August 17, 2020
| archive-date         = August 17, 2020
| archive-url         = https://web.archive.org/web/20200817203006/https://www.cnbc.com/2020/08/17/barrick-golds-stock-soars-after-buffetts-berkshire-reveals-stake.html
| url-status         = live
}}</ref> The new position is 20.9 million shares, which is 1.2% of the company's outstanding stock.<ref>{{cite news
| last         = Vasquez
| first         = Justina
| date         = August 14, 2020
| title         = Berkshire Makes a Bet on Gold Market That Buffett Once Mocked
| url         = https://www.bloomberg.com/news/articles/2020-08-14/buffett-s-gold-averse-berkshire-jumps-into-a-big-bullion-miner
| work         = Bloomberg
| access-date         = August 17, 2020
| archive-date         = August 18, 2020
| archive-url         = https://web.archive.org/web/20200818025143/https://www.bloomberg.com/news/articles/2020-08-14/buffett-s-gold-averse-berkshire-jumps-into-a-big-bullion-miner
| url-status         = live
}}</ref> Berkshire CEO [[Warren Buffett]] and his key business partner [[Charlie Munger]] have a history of dismissing gold as an attractive investment, saying a fine business run by good managers with cash flows and paying dividends is more productive than the precious metal.<ref>{{cite news
| last         = La Roche
| first         = Julia
| date         = August 17, 2020
| title         = Warren Buffett and Charlie Munger have a history of trashing gold
| url         = https://finance.yahoo.com/news/warren-buffett-berkshire-hathaway-buys-barrick-gold-in-q2-120617572.html
| work         = Yahoo Finance
| access-date         = August 17, 2020
| archive-date         = August 17, 2020
| archive-url         = https://web.archive.org/web/20200817132103/https://finance.yahoo.com/news/warren-buffett-berkshire-hathaway-buys-barrick-gold-in-q2-120617572.html
| url-status         = live
}}</ref> Buffett has previously said owning shares of quality companies is more valuable than owning gold itself.<ref>{{cite news
| last         = La Monica
| first         = Paul R.
| date         = August 17, 2020
| title         = Barrick Gold's stock soars after Warren Buffett's company buys a stake
| url         = https://www.cnn.com/2020/08/17/investing/barrick-gold-warren-buffett-trnd/index.html
| work         = CNN
| access-date         = August 17, 2020
| archive-date         = August 17, 2020
| archive-url         = https://web.archive.org/web/20200817202433/https://www.cnn.com/2020/08/17/investing/barrick-gold-warren-buffett-trnd/index.html
| url-status         = live
}}</ref> Buffett later sold his entire stake in the company in 2021.<ref>{{cite news
| last         = Goulbova
| first         = Anna
| date         = February 18, 2021
| title         = Warren Buffett exits GOLD entirely
| url         = https://www.kitco.com/news/2021-02-18/Warren-Buffett-exits-GOLD-entirely.html
| work         = Kitco News
| access-date         = August 24, 2021
| archive-date         = August 24, 2021
| archive-url         = https://web.archive.org/web/20210824144830/https://www.kitco.com/news/2021-02-18/Warren-Buffett-exits-GOLD-entirely.html
| url-status         = live
}}</ref>

In April 2025, Barrick Gold announced it was considering rebranding itself Barrick Mining.<ref>[https://www.nasdaq.com/articles/barrick-gold-proposes-name-change-and-targets-30-growth-gold-equivalent-ounces-2030 Barrick Gold Proposes Name Change And Targets 30% Growth In Gold Equivalent Ounces By 2030] ''RTT News'' April 5, 2025</ref>

==Operations==
===Gold===
{| class="sortable wikitable"
|-
! style="background:#e8c15f;"|Property
! style="background:#e8c15f;"|Country
! style="background:#e8c15f;"|Ownership
! style="background:#e8c15f;"|Mine Type
! style="background:#e8c15f;"|2025 Gold Production (ounces)<ref name="financials"/>
! style="background:#e8c15f;"|2024 Gold Production (ounces)<ref name="financials"/>
! style="background:#e8c15f;"|2024 Gold Reserves (ounces)<ref name="financials"/>
|-
| Veladero
| {{ARG}}
| 50%
| Open Pit
| 190,000 – 220,000
| 252,000
| 1.6 million
|-
| Hemlo
| {{CAN}}
| 100%
| Open Pit, Underground
| 140,000 – 160,000
| 143,000
| 1.6 million
|-
| Tongon
| {{CIV|name=Côte d'Ivoire}}
| 89.7%
| Open Pit
| 110,000 – 140,000
| 148,000
| 620,000
|-
| Pueblo Viejo
| {{DOM}}
| 60%
| Open Pit
| 370,000 – 410,000
| 352,000
| 12 million
|-
| Loulo-Gounkoto
| {{MLI}}
| 80%
| Open Pit, Underground
|  
| 578,000
| 7.3 million
|-
| [[Kibali Gold Mine|Kibali]]
| {{COD|name=Democratic Republic of Congo}}
| 45%
| Open Pit, Underground
| 310,000 – 340,000
| 309,000
| 4.6 million
|-
| Porgera
| {{PNG}}
| 47.5%
| Open Pit, Underground
| 70,000 - 95,000
| 46,000
| 1.5 million
|-
| North Mara
| {{TZA|Tanzania}}
| 100%
| Open Pit, Underground
| 230,000 – 260,000
| 265,000
| 2.9 million
|-
| Bulyanhulu
| {{TZA|Tanzania}}
| 100%
| Underground
| 150,000 – 180,000
| 168,000
| 3.8 million
|-
| [[Nevada Gold Mines]]
| {{USA}}
| 61.5%
| Open Pit, Underground
| 1.54 – 1.7 million
| 1.65 million
| 26.6 million
|}

===Copper===
{| class="sortable wikitable"
|-
! style="background:#e8c15f;"|Property
! style="background:#e8c15f;"|Country
! style="background:#e8c15f;"|Ownership
! style="background:#e8c15f;"|Mine Type
! style="background:#e8c15f;"|2025 Copper Production (tonnes)<ref name="financials"/>
! style="background:#e8c15f;"|2024 Copper Production (tonnes)<ref name="financials"/>
! style="background:#e8c15f;"|2024 Copper Reserves (tonnes)<ref name="financials"/>
|-
| [[Zaldívar mine|Zaldívar]]
| {{CHL}}
| 50%
| Open Pit
| 40,000 – 45,000
| 40,000
| 0.75 million
|-
| Jabal Sayid
| {{SAU}}
| 50%
| Underground
| 25,000 – 35,000
| 32,000
| 0.28 million
|-
| Lumwana
| {{ZMB}}
| 100%
| Open Pit
| 125,000 – 155,000
| 123,000
| 8.3 million
|}

===Former operations===

{| class="sortable wikitable"
|-
! style="background:#daa520;"|Asset
! style="background:#daa520;"|Country
|-
| [[Super Pit gold mine|Kalgoorlie Super Pit]]
| {{AUS}}
|-
| [[Plutonic Gold Mine]]
| {{AUS}}
|-
| [[Lake Cowal|Cowal]], New South Wales
| {{AUS}}
|-
| [[Darlot-Centenary Gold Mine]]
| {{AUS}}
|-
| [[El Indio mine|El Indio]]
| {{CHL}}
|-
| Pierina, [[Ancash]]
| {{PER}}
|-
| [[Tulawaka Gold Mine|Tulawaka]]
| {{TAN}}
|-
| [[Buzwagi Gold Mine|Buzwagi]]
| {{TAN}}
|-
| [[Bald Mountain mine]]
| {{USA}}
|-
| [[Round Mountain Gold Mine]] (50%)
| {{USA}}
|-
| Ruby Hill
| {{USA}}
|}

==Mining practices==
Environmental and human rights violations have taken place around a number of mining operations that are now closed or were previously operated by a different company, including violence in Papua New Guinea and Tanzania.<ref>{{Cite web|url=https://nowtoronto.com/news/barrick-gold-rules-horror-stories-from-the-frontline/|title=Barrick Gold rules – horror stories from the frontline|last=Gray-Donald|first=David|date=9 May 2016|website=NOW Toronto|access-date=February 4, 2020|archive-date=December 6, 2019|archive-url=https://web.archive.org/web/20191206163245/https://nowtoronto.com/news/barrick-gold-rules-horror-stories-from-the-frontline/|url-status=live}}</ref><ref>{{Cite news|url=https://www.ft.com/content/40c467e2-66e3-11e7-9a66-93fb352ba1fe|title=Acacia Mining Pressed Over Deaths in Tanzania|website=The Financial Times|date=July 23, 2017|access-date=August 12, 2019|archive-date=July 24, 2017|archive-url=https://web.archive.org/web/20170724072914/https://www.ft.com/content/40c467e2-66e3-11e7-9a66-93fb352ba1fe|url-status=live}}</ref><ref>{{Cite web|url=https://www.amnesty.org/en/press-releases/2014/06/papua-new-guinea-police-set-hundreds-homes-ablaze-near-porgera-gold-mine/|title=Police set hundreds of homes ablaze near Porgera gold mine|date=10 June 2014|website=Amnesty International|access-date=August 12, 2019|archive-date=August 12, 2019|archive-url=https://web.archive.org/web/20190812235418/https://www.amnesty.org/en/press-releases/2014/06/papua-new-guinea-police-set-hundreds-homes-ablaze-near-porgera-gold-mine/|url-status=live}}</ref> Forty people were arrested in Chile following a demonstration against the potential environmental impacts of a mining project that has not been built.<ref>{{Cite SSRN|title=Violence and Canadian Mining Companies in Latin America|last=Imai|first=Shin|date=17 December 2016|ssrn = 2886584}}</ref> Executives of [[Acacia Mining]], which had mining operations in Tanzania and was acquired in 2019, had faced charges of bribery, conspiracy, forgery, money-laundering, tax-evasion and environmental damage.<ref name=":3">{{Cite web|url=https://www.wsj.com/articles/barrick-gold-unit-is-accused-of-bribery-in-africa-1403134228|title=Barrick Gold Unit is Accused of Bribery in Africa|last=Ensign|first=Rachel Louise and Christopher M. Matthews|date=18 June 2014|website=The Wall Street Journal|access-date=August 12, 2019|archive-date=February 22, 2015|archive-url=https://web.archive.org/web/20150222010432/http://www.wsj.com/articles/barrick-gold-unit-is-accused-of-bribery-in-africa-1403134228|url-status=live}}</ref><ref>{{Cite web|url=https://www.theglobeandmail.com/world/article-barrick-subsidiary-seeks-new-strategy-after-latest-criminal-charges-in/|title=Barrick subsidiary seeks new strategy after latest criminal charges in Tanzania|last=York|first=Geoffrey|date=19 October 2018|website=The Globe and Mail|access-date=February 4, 2020|archive-date=November 12, 2020|archive-url=https://web.archive.org/web/20201112015131/https://www.theglobeandmail.com/world/article-barrick-subsidiary-seeks-new-strategy-after-latest-criminal-charges-in/|url-status=live}}</ref><ref>{{cite news | last1= MacDonald | first1= Alistair | last2= Bariyo | first2= Nicholas | date= August 29, 2019 | title= Britain's Fraud Office Investigates Acacia Mining | work= WSJ }}</ref><ref>{{Cite news|url=https://www.economist.com/business/2017/06/15/tanzanias-firebrand-leader-takes-on-its-largest-gold-miner|title=Tanzania's firebrand leader takes on its largest gold miner|date=15 June 2017|newspaper=The Economist|access-date=February 4, 2020|archive-date=July 18, 2018|archive-url=https://web.archive.org/web/20180718104240/https://www.economist.com/business/2017/06/15/tanzanias-firebrand-leader-takes-on-its-largest-gold-miner|url-status=live}}</ref> There have also been small groups of opposition in the Dominican Republic.<ref>{{cite news |last= |first= |date=September 20, 2021 |title=DomRep residents, NGOs call for Barrick's tailings plans to be stopped |url=https://www.bnamericas.com/en/news/domrep-residents-ngos-call-for-barricks-tailings-plans-to-be-stopped |work=BNAmericas |location= |access-date= |archive-date=November 10, 2021 |archive-url=https://web.archive.org/web/20211110162939/https://www.bnamericas.com/en/news/domrep-residents-ngos-call-for-barricks-tailings-plans-to-be-stopped |url-status=live }}</ref>

===Voluntary Principles on Security and Human Rights===
In 2010, Barrick Gold Corporation became the 18th company to join the [[Voluntary Principles on Security and Human Rights]]<ref>{{cite web|url=http://www.voluntaryprinciples.org/participants,/|title=NEWS & EVENTS Barrick Gold Corporation Joins the Voluntary Principles on Security and Human Rights|publisher=Voluntary Principles on Security & Human Rights|url-status=dead|archive-url=https://web.archive.org/web/20110728164511/http://www.voluntaryprinciples.org/participants,/|archive-date=July 28, 2011|access-date=November 3, 2010|df=mdy-all}}</ref> which provides "guidance to extractives companies on maintaining the security of their operations in a manner that respects human rights and fundamental freedoms."<ref>{{cite web|url=http://www.voluntaryprinciples.org/files/VPs_10_Year_Anniversary_Press_Release_March2010_London.pdf/|title=VPs 10 Year Anniversary Press Release|date=March 18, 2010|publisher=Voluntary Principles on Security & Human Rights|url-status=dead|archive-url=https://web.archive.org/web/20140422231553/http://www.voluntaryprinciples.org/files/VPs_10_Year_Anniversary_Press_Release_March2010_London.pdf/|archive-date=April 22, 2014|access-date=November 3, 2010}}</ref> Admission follows an eight step process that requires approval by the Voluntary Principles plenary,<ref>{{cite web|url=http://www.voluntaryprinciples.org/files/How_to_New_Applicants_Companies_and_NGOs.pdf/|title=New Applicant Process Companies and NGOs|publisher=Voluntary Principles on Security & Human Rights|url-status=dead|archive-url=https://web.archive.org/web/20140422232230/http://www.voluntaryprinciples.org/files/How_to_New_Applicants_Companies_and_NGOs.pdf/|archive-date=April 22, 2014|access-date=November 3, 2010}}</ref> the main decision-making body, consisting of all active members, drawn from participating governments, companies and non-governmental organizations.<ref>{{cite web|url=http://www.voluntaryprinciples.org/files/vp_umbrella_document.pdf/|title=The Voluntary Principles on Security & Human Rights Resources|publisher=Voluntary Principles on Security & Human Rights|url-status=dead|archive-url=https://web.archive.org/web/20140423043329/http://www.voluntaryprinciples.org/files/vp_umbrella_document.pdf/|archive-date=April 23, 2014|access-date=November 3, 2010}}</ref> Barrick Gold participates in a number of corporate social responsibility programs, such as the [[United Nations Global Compact]].<ref>{{Cite web |title=Company Information: Barrick Gold Corporation |url=https://unglobalcompact.org/what-is-gc/participants/1184-Barrick-Gold-Corporation |url-status=live |archive-url=https://web.archive.org/web/20250921192835/https://unglobalcompact.org/what-is-gc/participants/1184-Barrick-Gold-Corporation |archive-date=2025-09-21 |access-date=2025-09-21 |website=UN Global Compact |department=Our Participants}}</ref> The company is a signatory to the Extractive Industries Transparency Initiative.<ref>{{cite web|url=http://eitransparency.org/supporters/companies|title=Supporting Companies &#124; Extractive Industries Transparency Initiative|publisher=Eitransparency.org|url-status=dead|archive-url=https://web.archive.org/web/20100425114531/http://eitransparency.org/supporters/companies|archive-date=April 25, 2010|access-date=April 21, 2011|df=mdy-all}}</ref> It also participates in [https://web.archive.org/web/20090723223117/http://www.globalreporting.org/AboutGRI The Global Reporting Initiative], [http://www.bsr.org/ Business for Social Responsibility]<ref>{{cite web|url=http://www.bsr.org/membership/member-list.cfm|title=Member List &#124; BSR &#124; Sustainability, Corporate Social Responsibility Network and Consultancy|publisher=BSR|access-date=April 21, 2011|archive-date=January 28, 2011|archive-url=https://web.archive.org/web/20110128050807/http://www.bsr.org/membership/member-list.cfm|url-status=live}}</ref> and The Global Business Coalition on HIV/Aids, Tuberculosis and Malaria.<ref>{{cite news|url=http://www.gbcimpact.org/itcs_type/9/507/member_profiles|title=Global Business Coalition on HIV/AIDS, Malaria and Tuberculosis Member Profiles|access-date=July 9, 2013|url-status=dead|archive-url=https://web.archive.org/web/20110726075627/http://www.gbcimpact.org/itcs_type/9/507/member_profiles|archive-date=July 26, 2011}}</ref> On September 7, 2007, Barrick was added to the Dow Jones Sustainability Index.<ref>{{cite web|url=http://www.csrwire.com/News/9593.html|title=Barrick Named to Dow Jones Sustainability Index – Press Releases on CSRwire.com|access-date=December 19, 2016|archive-date=March 3, 2009|archive-url=https://web.archive.org/web/20090303141058/http://www.csrwire.com/News/9593.html|url-status=live}}</ref> The company is a member of The International Leadership Council (ILC) of The Nature Conservancy.<ref>{{Cite web|url=http://www.nature.org/joinanddonate/corporatepartnerships/leadership/|archive-url=https://web.archive.org/web/20090802024316/http://www.nature.org/joinanddonate/corporatepartnerships/leadership/|title=Nature Conservancy|archive-date=August 2, 2009}}</ref> In Papua New Guinea, the Porgera Joint Venture participated in the development of a wildlife conservation area in the Kaijende Highlands.<ref>{{cite news|url=http://www.conservation.org/Documents/RAP_Reports/RAP45_Kaijende_Highlands_PNG_Aug-2005.pdf|title=A Rapid Biodiversity Assessment of the Kaijende Highlands, Enga Province, Papua New Guinea|editor-last1=Richards|editor-first1=Stephen J.|work=RAP Bulletin of Biological Assessment|access-date=June 2, 2010|url-status=dead|archive-url=https://web.archive.org/web/20110928080026/http://www.conservation.org/Documents/RAP_Reports/RAP45_Kaijende_Highlands_PNG_Aug-2005.pdf|archive-date=September 28, 2011|year=2007|df=mdy-all}}</ref>

===Argentina===

====Environment====
Between 2015 and 2017, three separate incidents occurred where processing solution containing cyanide escaped the leach pad area.<ref>{{cite news |last=Jamasmie |first=Cecilia |date=August 17, 2017 |title=Argentina confirms charges for Barrick employees over 2015 cyanide spill at Veladero |url=https://www.mining.com/argentina-charges-barrick-executives-2015-cyanide-spill-veladero/ |work=Mining.com |location= |access-date= |archive-date=November 24, 2021 |archive-url=https://web.archive.org/web/20211124152309/https://www.mining.com/argentina-charges-barrick-executives-2015-cyanide-spill-veladero/ |url-status=live }}</ref> In September 2015, 1,072m<sup>3</sup> of cyanide processing solution was released from a faulty valve on a pipe going to the heap leach pad and was not diverted to the tailings storage facility because of a malfunctioning gate.<ref>{{cite news |author=<!--Staff writer(s)/no by-line.--> |date=September 16, 2016 |title=Operations suspended at Barrick gold mine |url=https://www.thechemicalengineer.com/news/operations-suspended-at-barrick-gold-mine/ |work=The Chemical Engineer |location= |access-date= |archive-date=November 24, 2021 |archive-url=https://web.archive.org/web/20211124152304/https://www.thechemicalengineer.com/news/operations-suspended-at-barrick-gold-mine/ |url-status=live }}</ref> In September 2016, a pipe carrying cyanide processing solution was struck by falling ice that had rolled down a slope,<ref>{{cite news |last=Jamasmie |first=Cecilia |date=September 15, 2016 |title=Barrick Gold halts Veladero mine on fresh cyanide spill |url=https://www.mining.com/barrick-gold-halts-veladero-mine-on-fresh-cyanide-spill/ |work=Mining.com |location= |access-date= |archive-date=November 24, 2021 |archive-url=https://web.archive.org/web/20211124152307/https://www.mining.com/barrick-gold-halts-veladero-mine-on-fresh-cyanide-spill/ |url-status=live }}</ref> and in March 2017, a pipe carrying a mixture of rocks came loose.<ref>{{cite news |last=Jamasmie |first=Cecilia |date=September 15, 2016 |title=Exclusive: Barrick faces sanctions for Argentina cyanide spills, judge says |url=https://www.mining.com/barrick-gold-halts-veladero-mine-on-fresh-cyanide-spill/ |work=Mining.com |location= |access-date= |archive-date=November 24, 2021 |archive-url=https://web.archive.org/web/20211124152307/https://www.mining.com/barrick-gold-halts-veladero-mine-on-fresh-cyanide-spill/ |url-status=live }}</ref> After the first accident in 2015, local judge Pablo Oritja of Argentina indicted nine employees, and a fine of $9.8 million was levied.<ref>{{cite news |last=Castilla |first=Juliana |date=May 8, 2017 |title=Exclusive: Barrick faces sanctions for Argentina cyanide spills, judge says |url=https://www.reuters.com/article/us-barrick-gold-mine-argentina-exclusive-idUSKBN1841BK |work=Reuters |location= |access-date= |archive-date=November 24, 2021 |archive-url=https://web.archive.org/web/20211124152301/https://www.reuters.com/article/us-barrick-gold-mine-argentina-exclusive-idUSKBN1841BK |url-status=live }}</ref> Authorities in San Juan province responded with plans to re-engineer some operational and environmental processes at the mine, which were audited by local and international experts.<ref>{{cite news |last1=Bochove |first1=Danielle |last2=Gilbert |first2=Jonathan |date=April 10, 2017 |title=Barrick executives convene in Argentina after mine spill |url=https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/barrick-top-brass-convene-in-argentina-after-mine-spill/article34656191/ |work=Bloomberg |location= |access-date= |archive-date=November 24, 2021 |archive-url=https://web.archive.org/web/20211124152302/https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/barrick-top-brass-convene-in-argentina-after-mine-spill/article34656191/ |url-status=live }}</ref> The ''National Observer'' obtained court documents with allegations from a former employee that his employment was terminated soon after concerns were raised about health and safety and environmental practices in 2014.<ref>{{cite news |last=McSheffrey |first=Elizabeth |date=June 24, 2016 |title=Canadian mining giant Barrick Gold fired whistleblower. Then it spilled cyanide into five rivers |url=https://www.nationalobserver.com/2016/06/24/news/canadian-mining-giant-barrick-gold-fired-whistleblower-then-they-spilled-cyanide |work=National Observer |location= |access-date= |archive-date=August 21, 2019 |archive-url=https://web.archive.org/web/20190821021856/https://www.nationalobserver.com/2016/06/24/news/canadian-mining-giant-barrick-gold-fired-whistleblower-then-they-spilled-cyanide |url-status=live }}</ref>

====2016 Class Action Lawsuit====
A U.S. class-action lawsuit was launched in 2016 accusing the company of fraudulently inflating its market value by concealing problems at [[Pascua Lama]], a South American mine under development.<ref name="Raymond">{{cite news |last=Raymond |first=Nate |date=May 31, 2016 |title=Barrick Gold reaches $140 million accord in U.S. investor lawsuit |url=https://www.reuters.com/article/us-barrick-gold-lawsuit-idUSKCN0YM2LI |work=Reuters |location= |access-date= |archive-date=November 16, 2021 |archive-url=https://web.archive.org/web/20211116143641/https://www.reuters.com/article/us-barrick-gold-lawsuit-idUSKCN0YM2LI |url-status=live }}</ref> Development of the mine was indefinitely halted on October 31, 2013, and people who purchased shares between May 7, 2009, and November 1, 2013, were part of the class-action lawsuit.<ref name="financialpost.com">{{cite news |last= |first= |date=March 24, 2016 |title=Barrick Gold Corp to Face U.S. Class-Action Lawsuit over Pascua-Lama Mine Project |url=https://financialpost.com/commodities/mining/barrick-gold-corp-to-face-u-s-class-action-lawsuit-over-pascua-lama-mine-project |agency=Reuters |location= |access-date= |archive-date=November 16, 2021 |archive-url=https://web.archive.org/web/20211116143643/https://financialpost.com/commodities/mining/barrick-gold-corp-to-face-u-s-class-action-lawsuit-over-pascua-lama-mine-project |url-status=live }}</ref> Development was halted for a number of issues including cost overruns, environmental concerns and the falling price of gold that would have made the operation less economical.<ref name="financialpost.com"/> A $140 million settlement was reached two months later with no charges of wrongdoing or liability and the company stating the claims alleged by the lead plaintiffs are unfounded.<ref name="Raymond"/>

===Canada===

====Talonbooks====
In February 2010, lawyers for Barrick Gold threatened to sue the Canadian publisher [[Talonbooks]] for [[defamation]] if it proceeded with plans to publish the book ''Imperial Canada Inc.: Legal Haven of Choice for the World's Mining Industries'' by Alain Deneault.<ref name=talon>{{cite news | url=http://www.canadianbusiness.com/markets/commodities/article.jsp?content=20100719_10011_10011 | work=Canadian Business magazine | title=Barrick Gold takes on Talon Books | access-date=September 22, 2010 | first1=Jordan | last1=Timm | url-status=dead | archive-url=https://web.archive.org/web/20100618090030/http://www.canadianbusiness.com/markets/commodities/article.jsp?content=20100719_10011_10011 | archive-date=June 18, 2010 | df=mdy-all }}</ref> Publisher [[Karl Siegler]] described this as "[[libel chill]]," pointing out that since the book had not yet been published, Barrick Gold could not know whether or not its contents actually constituted defamation.<ref>{{cite news|url=https://www.cbc.ca/news/entertainment/barrick-gold-moves-to-block-mining-book-1.885651 |title=Barrick Gold moves to block mining book |work=CBC News |date=May 12, 2010 |url-status=live |archive-url=https://web.archive.org/web/20100515144425/http://www.cbc.ca/arts/books/story/2010/05/12/barrick-gold-mining-book.html |archive-date=May 15, 2010 }}</ref> Subsequently, Talon decided to publish the work ({{ISBN|9780889226357}})<ref>{{cite web |url=http://www.talonbooks.com/books/imperial-canada-inclegal-haven-of-choice-for-the-world-s-mining-industries |title=Imperial Canada Inc. » Books » Talonbooks |access-date=2014-11-10 |url-status=dead |archive-url=https://web.archive.org/web/20141110034517/http://www.talonbooks.com/books/imperial-canada-inclegal-haven-of-choice-for-the-world-s-mining-industries |archive-date=November 10, 2014 |df=mdy-all }}</ref> and "issued a statement saying they 'intend to show the complete manuscript to Barrick prior to the book's release, to allow Barrick the opportunity to "correct" any "falsehoods" about how they conduct their business affairs, worldwide, that they feel it may contain.'"<ref name=talon/>

====Noir Canada====
A 2011 decision in Quebec Superior Court had ruled that Barrick Gold had to pay $143,000 to authors Alain Deneault, Delphine Abadie, William Sacher, and publisher Les Éditions Écosociété Inc to prepare their defense in a "seemingly abusive" [[strategic lawsuit against public participation]]. Despite the Québec ruling, a book "Noir Canada" documenting the relationship between Canadian mining corporations, armed conflict, and political actors in Africa was never published as part of a settlement which, according to the authors, was only made for the sole purpose of resolving the three-and-a-half-year legal battle.<ref>{{cite web|url=http://www.cautbulletin.ca/en_article.asp?ArticleID=3342|title=Noir Canada Defamation Lawsuit Settled, Publication of Book Stopped|access-date=December 19, 2016|archive-date=September 30, 2017|archive-url=https://web.archive.org/web/20170930174411/https://www.cautbulletin.ca/en_article.asp?ArticleID=3342|url-status=dead}}</ref>

====Environmental violations====
In March 2025, Barrick Gold was fined $114,750 for dumping liquid waste with cobalt concentrations up to 7,011% above legal limits into Hedley Creek, which flows into the Similkameen River in British Colombia. The violations occurred on 17 occasions between September 2021 and October 2023, with average concentrations of 1,155% above permitted levels.<ref name="vaz">{{cite news |last=Vaz |first=Alexander |date=March 17, 2025 |access-date=June 20, 2025|title=Similkameen mining company fined over $114k for cobalt waste pollution |url=https://www.vicnews.com/news/canadian-mining-company-fined-over-114k-for-cobalt-waste-pollution-7883630 |work=Victoria News}} </ref>

=== Papua New Guinea - Porgera Gold Mine ===
{{Main|Porgera Gold Mine}}

====Human rights abuses====
In 2011, [[Human Rights Watch]], a New York City-based international [[non-governmental organization]] that conducts research on human rights, found a pattern of abuses perpetrated by private and public law-enforcement personnel in 2009 and 2010 in the [[Porgera Gold Mine]] in Papua New Guinea.<ref name="auto5">{{cite web |url=https://www.hrw.org/report/2011/02/01/golds-costly-dividend/human-rights-impacts-papua-new-guineas-porgera-gold-mine |title=Gold's Costly Dividend |author=<!--Not stated--> |date=February 1, 2011 |website= |publisher=Human Rights Watch |access-date= |quote= |archive-date=August 3, 2019 |archive-url=https://web.archive.org/web/20190803225558/https://www.hrw.org/report/2011/02/01/golds-costly-dividend/human-rights-impacts-papua-new-guineas-porgera-gold-mine |url-status=live }}</ref> Human Rights Watch says that violent insecurity is a “chronic problem” around [[Porgera]] due to people engaging in illegal mining and continuously raiding various areas of the mining property including the open pit, stockpile areas for rock, waste dumps, and underground tunnels.<ref>{{cite news |last=Friedman |first=Gabriel |date=April 15, 2021 |title=Barrick Gold lost its 'social licence' in Papua New Guinea. This is the price it's paying to earn it back |url=https://financialpost.com/commodities/mining/barrick-gold-lost-its-social-licence-in-papua-new-guinea-this-is-the-price-its-paying-to-earn-it-back |work=Financial Post |location= |access-date= |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208164737/https://financialpost.com/commodities/mining/barrick-gold-lost-its-social-licence-in-papua-new-guinea-this-is-the-price-its-paying-to-earn-it-back |url-status=live }}</ref> Human Rights Watch said the government of Papua New Guinea has “consistently failed” to maintain law and order in the area and that responsible government regulation was the one essential component still lacking to manage the unstable social situation in the area.<ref name="auto5"/> On the same day Human Rights Watch published its report, the company said it had been working with Human Rights Watch for six months on a series of actions in response to the investigation, which included improvements to the security environment, enhanced human rights training, and grievance mechanisms.<ref>{{cite web |url=https://www.barrick.com/news/news-details/2011/Response-to-Human-Rights-Watch-Report/default.aspx |title=Response to Human Rights Watch Report |author=<!--Not stated--> |date=February 1, 2011 |website= |publisher=Barrick Gold Corporation |access-date= |quote= |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208164749/https://www.barrick.com/news/news-details/2011/Response-to-Human-Rights-Watch-Report/default.aspx |url-status=live }}</ref> A “remedy framework” called the Porgera Remedy Framework was set up as an alternative to the local judicial system to deliver compensation packages.<ref>{{cite news |last=McVeigh |first=Karen |date=April 3, 2015 |title=Canada mining firm compensates Papua New Guinea women after alleged rapes |url=https://www.theguardian.com/world/2015/apr/03/canada-barrick-gold-mining-compensates-papua-new-guinea-women-rape |work=The Guardian |location= |access-date= |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208164736/https://www.theguardian.com/world/2015/apr/03/canada-barrick-gold-mining-compensates-papua-new-guinea-women-rape |url-status=live }}</ref> In June 2014, [[Amnesty International]] reported that local police forced evictions by way of arson from land adjacent to the mine.<ref>{{cite news |last=Poplak |first=Richard |date=October 24, 2016 |title=Canadian Mining's Dark Heart |url=https://thewalrus.ca/canadian-minings-dark-heart/ |work=The Walrus |location= |access-date= |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208164737/https://thewalrus.ca/canadian-minings-dark-heart/ |url-status=live }}</ref> The report said that community leaders presumed the alleged actions by the police were an effort to prevent illegal mining.<ref>{{cite web |url=https://www.amnesty.org/en/latest/news/2014/06/papua-new-guinea-police-set-hundreds-homes-ablaze-near-porgera-gold-mine/ |title=Papua New Guinea: Police set hundreds of homes ablaze near Porgera gold mine |author=<!--Not stated--> |date=June 10, 2014 |website= |publisher=Amnesty International |access-date= |quote= |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208164740/https://www.amnesty.org/en/latest/news/2014/06/papua-new-guinea-police-set-hundreds-homes-ablaze-near-porgera-gold-mine/ |url-status=live }}</ref> Journalist [[Richard Poplak]] visited the area around the mine in 2016 and reported that Papua New Guinea could be the most dangerous country in the world to be female and that law and order in the country is lacking.<ref name="poplak">{{cite web |url=https://thewalrus.ca/canadian-minings-dark-heart/ |title=Canadian Mining's Dark Heart |last=Poplak |first=Richard |date=October 24, 2016 |website= |publisher=The Walrus |access-date=February 16, 2024 |quote=}}</ref> He reported that rumours of sexual violence in the Porgera Valley began in 2005 and by 2011 there were hundreds of allegations.<ref name="poplak" />  Several victims received compensation through a remediation program that was set up in 2012 but was later criticized as other victims who took legal action instead of participating in the remediation program received higher compensation after reportedly settling out of court for a sum that was higher than offered in the remediation program.<ref>{{cite web |url=https://www.nationalobserver.com/2016/11/17/news/indigenous-sexual-assault-survivors-plead-un-action-against-canadian-mining-giant |title=Indigenous sexual assault survivors plead for UN action against Canadian mining giant |last=McSheffrey |first=Elizabeth |date=November 17, 2016 |website= |publisher=National Observer |access-date=February 16, 2024 |quote=}}</ref>

==== Ownership ====
Soon after the Human Rights Watch 2011 publication, the mine, which was owned jointly by Barrick, [[Zijin Mining|Zijin Mining Group of China]], and local landowners through Mineral Resources Enga, was nationalized by the government of Papua New Guinea under Prime Minister [[James Marape]] when the government did not renew the mining lease, and it expired in August 2019.<ref>{{cite news |author=<!--Staff writer(s)/no by-line.--> |date=April 24, 2020 |title=Barrick Gold vows to fight 'nationalization' of gold mine in Papua New Guinea |work=The Toronto Star |location= |url=https://www.thestar.com/business/2020/04/24/barrick-gold-vows-to-fight-nationalization-of-gold-mine-in-papua-new-guinea.html |access-date= |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208164736/https://www.thestar.com/business/2020/04/24/barrick-gold-vows-to-fight-nationalization-of-gold-mine-in-papua-new-guinea.html |url-status=live }}</ref> The gold mine, which contributes about 10% of Papua New Guinea's total exports, was seen by Prime Minister James Marape as a way for the country to get a greater share of its major natural resource projects.<ref>{{cite news |last1=Pryke |first1=Jonathan |last2=McLeod |first2=Shane |date=May 12, 2020 |title=Politics and Porgera: why Papua New Guinea cancelled the lease on one of its biggest mines |work=The Guardian |location= |url=https://www.theguardian.com/world/2020/may/12/politics-and-porgera-why-papua-new-guinea-cancelled-the-lease-on-one-of-its-biggest-mines |access-date= |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208164738/https://www.theguardian.com/world/2020/may/12/politics-and-porgera-why-papua-new-guinea-cancelled-the-lease-on-one-of-its-biggest-mines |url-status=live }}</ref> Two new deals forged in 2021 gave the Papua New Guinea government a majority stake in the operations of the Porgera gold mine and an agreement reached in 2023 renewed the special mining lease so that operations could restart that year.<ref>{{cite web |url=https://www.mining.com/barrick-gold-png-ink-new-deal-to-restart-porgera-mine/ |title=Barrick Gold, PNG ink new deal to restart Porgera mine |last=Jamasmie |first=Cecilia |date=March 31, 2023 |website=mining.com |publisher= |access-date=February 16, 2024 |quote=}}</ref>

==== Environmental concerns ====
At the Porgera Joint Venture in Papua New Guinea, the material that remains after extracting gold from ore is processed into tailings and sent off the mining property.<ref name="auto1">{{cite web |url=https://www.hrw.org/report/2011/02/01/golds-costly-dividend/human-rights-impacts-papua-new-guineas-porgera-gold-mine |title=Gold's Costly Dividend |author=<!--Not stated--> |date=1 February 2011 |website= |publisher=Human Rights Watch |access-date=23 March 2023 |quote= |archive-date=August 3, 2019 |archive-url=https://web.archive.org/web/20190803225558/https://www.hrw.org/report/2011/02/01/golds-costly-dividend/human-rights-impacts-papua-new-guineas-porgera-gold-mine |url-status=live }}</ref>
Critics say the tailings disposal method could release harmful materials in a way that would not be allowed under the water quality expectations of a developed country.<ref name="auto1"/> The Porgera Joint Venture is one of three large mines that dispose of tailings in this way in the country.<ref name="auto1"/>

===Peru===
In February 2021, Barrick Gold announced it would sell its [[Lagunas Norte mine]] in Peru.<ref>{{Cite web|title=Barrick Gold to Sell Idled Lagunas Norte Gold Mine in Peru|date=February 16, 2021|url=https://www.bnnbloomberg.ca/barrick-gold-to-sell-idled-lagunas-norte-gold-mine-in-peru-1.1564368|access-date=February 24, 2021|archive-date=February 22, 2021|archive-url=https://web.archive.org/web/20210222035222/https://www.bnnbloomberg.ca/barrick-gold-to-sell-idled-lagunas-norte-gold-mine-in-peru-1.1564368|url-status=live}}</ref> The mine is sold to Boroo Pte Ltd. for up to US$81 million.

====Water====
The BBC reported in September 2012 that one person was killed and at least four more were injured at the Barrick Pierina mine in the northern Ancash region of Peru in clashes between national police and members of a neighboring community who were protesting the mine's alleged over-consumption and contamination of local water sources during a drought.<ref>{{Cite web|url=https://www.bbc.com/news/world-latin-america-19669760|title=Deadly clash at Peru protest over Barrick gold mine|date=20 September 2012|website=BBC|access-date=December 6, 2019|archive-date=October 29, 2021|archive-url=https://web.archive.org/web/20211029012208/https://www.bbc.com/news/world-latin-america-19669760|url-status=live}}</ref> Villagers from the communities of Mareniyoc and San Isidro blocked an access road to the mine and entered the property by forcing open the mine gate.<ref name="peru_water">{{cite news |last=Lu |first=Vanessa |date=September 20, 2012 |title=Barrick Gold Closes Peruvian Mine for One Day after Violent Clashes |url=https://www.thestar.com/business/2012/09/20/barrick_gold_closes_peruvian_mine_for_one_day_after_violent_clashes.html |work=Toronto Star |access-date=June 24, 2021 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624210210/https://www.thestar.com/business/2012/09/20/barrick_gold_closes_peruvian_mine_for_one_day_after_violent_clashes.html |url-status=live }}</ref> Community members asked that the mine provide the communities with drinking water.<ref>{{cite news |author=<!--Staff writer(s)/no by-line.--> |title=Deadly clash at Peru protest over Barrick gold mine |url=https://www.bbc.com/news/world-latin-america-19669760 |work=BBC News |date=2012-09-20 |access-date=December 6, 2019 |archive-date=October 29, 2021 |archive-url=https://web.archive.org/web/20211029012208/https://www.bbc.com/news/world-latin-america-19669760 |url-status=live }}</ref> Operations at the mine resumed after two days.<ref name="peru_water" />

===United States===

====Cortez Hills====
Through 2009 and into 2010, Barrick Gold's Cortez Hills project was the subject of litigation in Nevada, seeking to block the project.<ref>{{cite news |last=Hill |first=Liezel |title=Court Allows Barrick to Keep Mining at Cortez Hills |newspaper=Mining Weekly |date=April 14, 2010 |url=https://www.miningweekly.com/article/court-allows-barrick-to-keep-mining-at-cortez-hills-2010-04-14 |access-date=June 24, 2021 |archive-date=September 19, 2011 |archive-url=https://web.archive.org/web/20110919021640/http://www.miningweekly.com/article/court-allows-barrick-to-keep-mining-at-cortez-hills-2010-04-14 |url-status=live }}</ref> Opponents appealed to the [[United States Court of Appeals for the Ninth Circuit]], challenging a ruling in the [[United States District Court for the District of Nevada]], which denied the bid to block the project.<ref>{{Cite case|case=South Fork Band Council of Western Shoshone of Nevada; Te- Moak Tribe of Western Shoshone Indians of Nevada; Timbisha Shoshone Tribe; Western Shoshone Defense Project; Great Basin Resource Watch, ''Plaintiffs-Appellants'', v. United States Department of The Interior; United States Bureau of Land Management; Gerald M. Smith, District Manager, Battle Mountain Field Office, ''Defendants-Appellees'', and Barrick Cortez, Inc., ''Defendant-intervenor-Appellee''.|pages=15823–15840|court=United States Court of Appeals for the Ninth Circuit|date=|url=https://cdn.ca9.uscourts.gov/datastore/opinions/2009/12/03/09-15230.pdf|id=No. 09-15230, D.C. No. 3:08-cv-00616-LRH-RAM, OPINION|year=2009|orig-date=Argued and Submitted June 10, 2009 (San Francisco, California); Filed December 3, 2009|others=Before: Mary M. Schroeder, A. Wallace Tashima and Marsha S. Berzon, Circuit Judges.|type=Per Curiam Opinion}} {{Caselaw source|case=''S. Fork Band Council of W. Shoshone, et al., v. United States DOI, et al.'', 588 F.3d 718, 2009 U.S. App. LEXIS 26329, 40 ELR 20276, DktEntry 7149846|other_source1=Nexis Uni|other_url1=https://advance.lexis.com/api/document?collection=cases&id=urn%3acontentItem%3a7X7K-J0Y0-YB0V-P08N-00000-00|justia=https://law.justia.com/cases/federal/appellate-courts/ca9/09-15230/09-15230-2011-02-25.html|other_source2=PACER|other_url2=https://ecf.nvd.uscourts.gov/doc1/11502322611?caseid=63023 <!-- linked from https://www.courtlistener.com/docket/4316488/south-fork-band-council-of-western-shoshone-of-nevada-v-us-department-of/#entry-128 -->|findlaw=https://caselaw.findlaw.com/court/us-9th-circuit/1498619.html|other_source3=CaseMine|other_url3=https://www.casemine.com/judgement/us/5914b112add7b04934756d67|other_source4=ESCR-Net|other_url4=https://new.escr-net.org/sites/default/files/Ninth_Circuit_injunction_ruling_12-3-09_0.pdf <!-- linked from https://new.escr-net.org/caselaw/2010/south-fork-band-and-others-v-united-states-doi-588-f3d-718-2009 -->|other_source5=Environmental Law Reporter|other_url5=https://www.elr.info/litigation/south-fork-band-council-w-shoshone-nev-v-department-interior <!-- links to https://www.elr.info/sites/default/files/case/2011/10/39.20276.pdf, or https://www.elr.info/litigation/south-fork-band-council-w-shoshone-nev-v-department-interior-0, which links to https://www.elr.info/sites/default/files/litigation/39.20276.pdf; both of these are in turn linked from https://www.elr.info/judicial/cases/s?page=28 (archived at https://ghostarchive.org/archive/gqhbA) -->}}<!-- see also: https://www.escr-net.org/caselaw/2010/south-fork-band-and-others-v-united-states-doi-588-f3d-718-2009/, https://dockets.justia.com/docket/circuit-courts/ca9/09-15230, https://www.icj.org/escr_litigation/south-fork-band-council-and-others-v-united-states-department-of-the-interior/, https://www.courtlistener.com/docket/4316488/south-fork-band-council-of-western-shoshone-of-nevada-v-us-department-of/ --></ref> The Appeals Court "upheld a federal judge's finding that opponents of the mine failed to prove they were likely to prevail on claims the mine would cause visual harm to Mount Tenabo and create a substantial burden on the tribes' ability to exercise their religion" but ruled the [[Bureau of Land Management|U.S. Bureau of Land Management's]] previous environmental review of water and air pollution impacts "was inadequate under the [[National Environmental Policy Act]]" and ordered the District Court to provide "appropriate" [[injunction|injunctive]] relief while the Bureau of Land Management conducted further study.<ref>{{cite news |last=Sonner |first=Scott |title=US court blocks huge gold mine project in Nevada |newspaper=The San Francisco Chronicle (online version) |date=December 3, 2009 |url=http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/12/03/financial/f144318S83.DTL&type=printable |access-date=February 1, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20100424055838/http://www.sfgate.com/cgi-bin/article.cgi?f=%2Fn%2Fa%2F2009%2F12%2F03%2Ffinancial%2Ff144318S83.DTL |archive-date=April 24, 2010 |df=mdy-all }}</ref> In March 2011 the Bureau of Land Management approved a subsequent study on environmental impacts, allowing the mine to operate as originally proposed.<ref>{{cite news |last=McClelland |first=Colin |title=Barrick Says Bureau's Decision Lifts Restrictions on Gold Mine in Nevada |newspaper=Bloomberg |date=March 16, 2011 |url=https://www.bloomberg.com/news/2011-03-16/barrick-says-bureau-approved-environmental-study-for-nevada-mine.html |access-date=March 26, 2011 |archive-date=March 20, 2011 |archive-url=https://web.archive.org/web/20110320044444/http://www.bloomberg.com/news/2011-03-16/barrick-says-bureau-approved-environmental-study-for-nevada-mine.html |url-status=live }}</ref>

====Western Shoshone====
In 2008, the company negotiated an agreement with four of five regional [[Western Shoshone]] tribes, providing financial resources for education and wellness initiatives, including a long-term scholarship program, allocated at the Tribes' discretion.<ref>{{cite news|url=http://www.elkodaily.com/articles/2008/10/31/news/local_news/local1.txt|title=Tribes, Barrick reach historic accord|last=McMurdo|first=Doug|date=October 31, 2008|newspaper=Elko Daily Free Press|access-date=December 1, 2009}}</ref> A former tribal chairman of the Duck Valley Shoshone spoke of the company as "a pretty progressive entity."<ref>{{cite news|url=http://www.elkodaily.com/articles/2008/11/01/news/local_news/alocal1.txt|title=Making history, Part 2: Establishment of trust vital to accord|last=McMurdo|first=Doug|date=November 1, 2008|newspaper=Elko Daily Free Press|access-date=December 1, 2009}}</ref> In British Columbia the Tahltan Nation has thanked the company for encouraging local sustainable development while operating the Eskay Creek mine from 2001 to 2008.<ref>{{cite news|url=http://www.amebc.ca/policy/aboriginal-and-community-engagement/stepping-stone/stepping-stone-archives.aspx|title=An Open Letter to Barrick Gold Corporation from the Tahltan Development Corporation|last=Adsit|first=Bill C.|newspaper=Stepping Stone, Issue 6, Fall 2008|access-date=February 22, 2010|url-status=dead|archive-url=https://web.archive.org/web/20100718095842/http://www.amebc.ca/policy/aboriginal-and-community-engagement/stepping-stone/stepping-stone-archives.aspx|archive-date=July 18, 2010|year=2008|df=mdy-all}}</ref><ref>{{cite web|url=http://www.amebc.ca/Libraries/Stepping_Stone_page_files/stepping_stone_fall_08.sflb.ashx|title=An Open Letter to Barrick Gold Corporation from the Tahltan Nation Development Corporation|author=Bill C. Adsit|url-status=dead|archive-url=https://web.archive.org/web/20100719202526/http://www.amebc.ca/Libraries/Stepping_Stone_page_files/stepping_stone_fall_08.sflb.ashx|archive-date=July 19, 2010|access-date=February 22, 2010|df=mdy-all}}</ref>

==See also==
{{Portal|Companies}}
* [[Gregory Charles Wilkins]]
* [[Porgera Gold Mine]]
* [[Pueblo Viejo mine]]
* [[Veladero mine]]

==References==
{{Reflist}}

==Further reading==
* {{cite book |last=Rohmer |first=Richard |year=1997 |title=Golden Phoenix: The Biography of Peter Munk |location=Toronto |publisher=Key Porter Books |isbn=1-55013-912-6 }}

==External links==
{{Commonscat|Barrick Gold}}
* {{Official website}}
* {{Finance links
| symbol = ABX
| sec_cik = 756894
| google = ABX:TSE
| yahoo = ABX.TO
| bloomberg = ABX:CN
| reuters = ABX.TO
}}

{{Barrick Gold}}
{{Major mining companies}}
{{S&P/TSX 60}}

{{Authority control|state=expanded}}

[[Category:Barrick Mining| ]]
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[[Category:Silver mining companies of Canada]]
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