에 대한 최신 뉴스 Barrick Gold (NYSE:GOLD) 주식

Barrick Gold

NASDAQ

Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.

News

Commodities

Asset Sales

GOLD

금 생산업체 뉴몬트 코퍼레이션(NYSE:NEM)은 화요일 퀘벡의 엘레오노레(Éléonore) 금광을 런던에 본사를 둔 딜마르(Dhilmar)에 현금 7억 9,500만 달러에 매각했다.

금광주: 뉴몬트는 79억 5천만 달러에 광산 매각, 배릭 골드는 자원 확대 중

Equities

Markets

RGLD

저명한 경제학자 피터 쉬프는 도널드 트럼프가 카멀라 해리스를 제치고 대통령 선거에서 승리한 후 인플레이션 우려 속에서 투자자들에게 금 가격 하락 시 저가매수하라고 조언했다.피터 쉬프는 소셜 미디어 X 게시글을 통해 &#34;지금 최고의 트럼프 트레이딩 전략은 금 및 금광 주식을 하락장에서 매수하는 것&#34;이라며 &#34;우리는 세금 감면은 쉽지만 실질적인 지출 삭감은 불가능하다는 것을 경험으로 알고 있다&#34;고 했다. 그는 &#34;레이건 대통령조차도 더 큰 약속을 했지만 지키지 못했고, 트럼프 행정부는 인플레이션을 다시 크게 키울 것&#34;이라고 설명했다.

피터 쉬프, 트럼프 임기 내 인플레이션 급등 경고 &#34;세금 감면은 쉽지만 지출 삭감은 간단치 않아&#34;

Exclusives

Trading Ideas

GLMD

매주 ‘벤징가의 스톡 위스퍼 지수(Benzinga&#39;s Stock Whisper Index)&#39;는 독점 데이터(proprietary data)와 패턴 인식의 조합을 사용하여 표면 바로 아래에서 주목을 끌고 있는 주식 5종목을 소개한다.

벤징가의 &#39;스톡 위스퍼&#39; 지수: 투자자들이 몰래 주시하지만 아직 말하지 않는 주식 5종목

Barrick Gold Corporation Common Stock (BC)

Barrick Gold Corp

GOLD CANYON BANK (AZ) by Gold Canyon Bank (Gold Canyon AZ)

GOLD MOUNTAIN LTD by GOLD MOUNTAIN LTD.

GOLDAS KUYUMCULUK S/ADR by Goldas Kuyumculuk Sanayi Ithalat Ihracat A.S.

GOLDEN AGE RESOURCES INC by Golden Age Resources, Inc.

GOLDEN ARROW MERGER CORP UNIT 1 CL A & 1/3 WT EXP

GOLDEN EAGLE RET UNSP/ADR by Golden Eagle Retail Group Ltd.

GOLDEN EAGLE RETAIL GRP by Golden Eagle Retail Group Ltd.

GOLDEN ENERGY & RES LTD by GOLDEN ENERGY & RES LTD.

GOLDEN PROSPECT PREC MTLS by GOLDEN PROSPECT PRECIOUS METALS LTD.

GOLDEN RAPTURE MNG CORP by GOLDEN RAPTURE MNG CORP.

GOLDOZ LTD by GOLDOZ LTD.

GOLD BASIN RESOURCES CORP by Gold Basin Resources Corporation

Gold Basin Resources Corp

Gold Bull Resources Corp

GOLD BULL RESOURCES CORP by Gold Bull Resources Corp.

GOLD DIGGER RES INC by Gold Digger Resources Inc.

Gold Digger Resources Inc

GOLD ENTMT GROUP INC by Gold Entertainment Group, Inc.

Gold Entertainment Group Inc

Gold Fields Limited American Depositary Shares

Gold Fields Ltd

Gold Flora Corp

Gold Flora Corp Warrants (15/01/2026)

GOLD HUNTER RES INC by GOLD HUNTER RES INC

Gold Hunter Resources Inc

GOLD HYDROGEN LIMITED by Gold Hydrogen Limited

Gold Hydrogen Ltd

Gold Line Resources Ltd Ordinary Shares

GOLD MTN MNG CORP by Gold Mountain Mining Corp.

Gold Mountain Mining Corp

Gold Port Corp

GOLD RESV LTD BERMUDA by Gold Reserve Ltd. (Bermuda)

Gold Reserve Ltd

Gold Resource Corp

GOLD RIVER PRODS INC by Gold River Productions, Inc.

Gold River Productions Inc

GOLD ROAD RES LTD ORD by Gold Road Resources Ltd.

Gold Road Resources Ltd

GOLD ROCK HLDGS INC A by Gold Rock Holdings, Inc.

Gold Rock Holdings Inc

Gold Royalty Corp

GOLD SPRNGS RESOURCE CORP by GOLD SPRINGS RESOURCE CORP.

Gold Springs Resource Corp

GOLD TERRA RESOURCE CORP by GOLD TERRA RESOURCE CORP.

Gold Terra Resource Corp

GOLD AND GEMSTONE MNG INC by Gold and GemStone Mining Inc.

Gold and GemStone Mining Inc

GOLD'N FUTURES MINERL CP by Gold'n Futures Mineral Corp.

Gold n Futures Mineral Corp

Gold79 Mines Ltd

GOLDHAVEN RESOURCES CORP by GoldHaven Resources Corp

GoldHaven Resources Corp

GoldHaven Resources Corp Ordinary Shares

GoldMining Inc

GoldMoney Inc

GOLDON RESOURCES LTD ORD by Goldon Resources Ltd

GoldON Resources Ltd

GOLDQUEST MINING CORP by Goldquest Mining Corp.

GoldQuest Mining Corp

GOLDBANK MINING CORP by Goldbank Mining Corp.

Goldbank Mining Corp

GOLDCLIFF RES CORP ORD by Goldcliff Resource Corp.

Goldcliff Resource Corp

Goldcoin

Goldcrest Co Ltd

GOLDEN AGRI-RES ORD by Golden Agri-Resources

Golden Agri-Resources Ltd

GOLDEN AGRI-RES UNSP/ADR by Golden Agri-Resources

GOLDEN ALLY LIFETECH GRP by Golden Ally Lifetech Group Inc.

Golden Ally Lifetech Group Inc

GOLDEN APPLE OIL&GAS INC by Golden Apple Oil & Gas, Inc.

Golden Apple Oil and Gas Inc

GOLDEN ARROW RES CP NEW by Golden Arrow Resource Corp.

Golden Arrow Resources Corp

GOLDEN BAND RESOURCES by Golden Band Resources Inc.

Golden Band Resources Inc

Golden Cariboo Resources Ltd

GOLDEN CARIBOO RES LTD by Golden Cariboo Resources Ltd.

GOLDEN DEVELOPING SOL by Golden Developing Solutions, Inc.

Golden Developing Solutions Inc

Golden Energy Offshore Services ASA

GOLDEN ENRGY OFFSHORE SVC by Golden Energy Offshore Services ASA

Golden Entertainment, Inc. - Common Stock

Golden Entertainment Inc

Golden Goliath Resources Ltd

GOLDEN GOLIATH RES LTD by Golden Goliath Resources Ltd.

GOLDEN GRAIL TECH CORP by Golden Grail Technology Corp

Golden Grail Technology Corp

Golden Grain Energy

Golden Growers Coop

GOLDEN HARP RES INC NEW by Golden Harp Resources Inc.

Golden Harp Resources Inc

Golden Heaven Group Holdings Ltd. - Class A Ordinary Shares

Golden Heaven Group Holdings Ltd

GOLDEN HORSE MINERALS LTD by GOLDEN HORSE MINERALS LTD

Golden Horse Minerals Ltd

GOLDEN LAKE EXPL INC by GOLDEN LAKE EXPL INC.

Golden Lake Exploration Inc

Golden Matrix Group Inc

GOLDEN MINERALS CO by Golden Minerals Co.

Golden Minerals Co

Golden Ocean Group Limited - Common Stock

Golden Ocean Group Ltd

GOLDEN PATRIOT CORP by Golden Patriot Corp.

Golden Patriot Corp

GOLDEN PHOENIX MINERALS by Golden Phoenix Minerals, Inc.

Golden Phoenix Minerals Inc

GOLDEN PURSUIT RES LTD by Golden Pursuit Resources Ltd.

Golden Pursuit Resources Ltd

GOLDEN RES DEV INTL by Golden Resource Development International

Golden Resources Development International Ltd

GOLDEN RIDGE RESOURCS NEW by Golden Ridge Resources

Golden Ridge Resources Ltd

GOLDEN ROYAL DEV INC by GOLDEN ROYAL DEVELOPMENT INC.

Golden Royal Development Inc

Golden Sachs ETF Trust Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

GOLDEN SHIELD RES INC by GOLDEN SHIELD RES INC.

Golden Shield Resources Inc

GOLDEN SKY MINERALS NEW by GOLDEN SKY MINERALS CORP.

Golden Sky Minerals Corp

GOLDEN SPIKE RES CORP by Golden Spike Resources Corp.

Golden Spike Resources Corp

Golden Star Acquisition Corporation - Ordinary Shares

Golden Star Acquisition Corp

Golden Star Acquisition Corporation - Unit

Golden Star Acquisition Corporation - Rights

Golden Star Enterprises Ltd

GOLDEN STAR RES CORP by Golden Star Resource Corp

Golden Star Resources Corp

GOLDEN STATE BANCORP by Golden State Bancorp

Golden State Bancorp

Golden Sun Health Technology Group Limited - Class A Ordinary Shares

Golden Sun Health Technology Group Ltd

Golden Tag Resources Ltd

GOLDEN TRIANGLE VENTURES by GOLDEN TRIANGLE VENTURES INC.

Golden Triangle Ventures Inc

GOLDEN VY BANCSHARES INC by GOLDEN VY BANCSHARES INC.

Golden VY Bancshares Inc

GOLDEN VALLEY DEVELOPMENT by Golden Valley Development, Inc.

Golden Valley Development Inc

Goldenstone Acquisition Limited - Rights

Goldenstone Acquisition Limited - Common Stock

Goldenstone Acquisition Ltd

WIIM

MTRN

PAAS

SBSW

SCCO

TECK

Shares of stocks in the broader metals and mining sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Barrick Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)(TSX:<a class="ticker" href="https://www.benzinga.com/stock/ABX#TSX">ABX</a>) today confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de Gounkoto SA, have submitted a request for arbitration to the International Centre for the Settlement of Investment Disputes (ICSID), in accordance with the provisions of their respective Mining Conventions with the State of Mali, to address matters of disagreement regarding the Loulo-Gounkoto complex.
This step reflects Barrick's commitment to adhering to established processes for resolving disputes in a fair and transparent manner. The arbitration mechanism, provided for under the Somilo and Gounkoto Mining Conventions with the State, has previously proven to be an effective tool for reinforcing partnerships and finding mutually acceptable solutions through an independent and competent authority.

Global

TSX:ABX

Barrick Gold Confirmed That Its Operating Entities In Mali Submitted A Request For Arbitration To The International Centre For The Settlement Of Investment Disputes, In Accordance With The State Of Mali, To Address Matters Of Disagreement Regarding The Loulo-Gounkoto Complex

Barrick Gold Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) has warned it may suspend operations in Mali if the government continues to block gold shipments from its Loulo-Gounkoto mining complex, one of its largest <a href="https://www.benzinga.com/topic/gold">operational gold mines</a>.
Over the past months, the situation in Mali has escalated as the ruling military junta pushed for higher mining royalties. The Canadian miner described the situation as a "significant deterioration" in local conditions, citing the unjust imprisonment of employees and stalled negotiations.
"If shipments remain suspended, Barrick will be compelled to halt operations, further impacting the viability of this critical economic driver for Mali," the company <a href="https://www.barrick.com/English/news/news-details/2024/barrick-update-on-mali-operations/default.aspx">said</a> in a statement. Barrick has sought resolution through months of negotiations, offering concessions and engaging with Mali's government and advisors. Despite these efforts, no agreement has been reached.
Since Nov. 25, senior members of Barrick's Malian management team have been imprisoned, with CEO Mark Bristow<a href="https://www.benzinga.com/24/12/42360000/mali-escalates-mining-tensions-targets-barrick-ceo-with-arrest-warrant"> facing an arrest warrant</a> over alleged tax disputes. At the same time, Resolute Mining's (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RMGGY#OTC">RMGGY</a>) CEO was <a href="https://www.benzinga.com/news/large-cap/24/11/41968322/mali-demands-162-million-from-resolution-trading-suspended">detained for 12 days</a> before the parties reached a settlement.
Barrick's Lolo-Gounkoto is one of the top assets in its portfolio and produces nearly 700,000 ounces annually. Over the past 29 years, the company has invested more than $10 billion in Mali, contributing between 5% and 10% of its GDP annually. The complex also employs 8,000 workers, 97% of whom are Malian nationals, and generates over 70% of its economic benefits for the Malian state.
Besides Barrick and Resolute, notable foreign miners include B2Gold Corp (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BTG#AMEX">BTG</a>) and Hummingbird Resources (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HUMRF#OTC">HUMRF</a>). These companies contribute to Mali's position as one of Africa's largest gold producers, generating nearly 70 metric tons of gold yearly.
Bristow, famous for his diplomatic acumen, noted the company's commitment to Mali but pointed out that the ongoing crisis affects market sentiment.
"Recent developments further erode investor confidence in Mali's mining sector and will deter future investment. Nonetheless, in view of our long-standing commitment to the people of Mali, we remain open to constructive engagement with the government to resolve these issues while protecting the viability of this key economic driver for Mali," he said.
Read Next:<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42505162/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve"> </a> • <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42505162/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve">Trump Reportedly Considering Executive Order To Establish Strategic Bitcoin Reserve</a>

Government

Guidance

HUMRF

RMGGY

Barrick Warns About Destabilization In Mali, Could Halt One Of Its Largest Mines

Whales with a lot of money to spend have taken a noticeably bearish stance on Barrick Gold.
Looking at options history for Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 48% with bearish.
From the overall spotted trades, 12 are puts, for a total amount of $413,334 and 15, calls, for a total amount of $1,131,839.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $8.0 to $20.0 for Barrick Gold over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Barrick Gold's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Barrick Gold's significant trades, within a strike price range of $8.0 to $20.0, over the past month.
<h3>Barrick Gold Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734373816_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1.39</td>
<td>$1.25</td>
<td>$1.28</td>
<td>$20.00</td>
<td>$139.3K</td>
<td>83.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$1.39</td>
<td>$1.3</td>
<td>$1.35</td>
<td>$20.00</td>
<td>$135.0K</td>
<td>83.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.39</td>
<td>$1.3</td>
<td>$1.3</td>
<td>$20.00</td>
<td>$130.9K</td>
<td>83.4K</td>
<td>2.0K</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.34</td>
<td>$1.28</td>
<td>$1.3</td>
<td>$20.00</td>
<td>$130.0K</td>
<td>83.4K</td>
<td>5.1K</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.35</td>
<td>$1.28</td>
<td>$1.3</td>
<td>$20.00</td>
<td>$130.0K</td>
<td>83.4K</td>
<td>4.0K</td>
</tr>
</tbody>
</table>

<h3>About Barrick Gold</h3>
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Following our analysis of the options activities associated with Barrick Gold, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Barrick Gold</h3>
<ul>
<li>Currently trading with a volume of 11,517,916, the GOLD's price is down by -1.67%, now at $16.5. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 58 days.</li>
</ul>
<h3>What Analysts Are Saying About Barrick Gold</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $24.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Raymond James persists with their Outperform rating on Barrick Gold, maintaining a target price of $25. 
&#x2A; An analyst from Scotiabank persists with their Sector Outperform rating on Barrick Gold, maintaining a target price of $23. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Barrick Gold with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Smart Money Is Betting Big In GOLD Options

&quot;Local operating conditions have deteriorated significantly with employees imprisoned without cause and gold shipments blocked. If shipments remain suspended, Barrick will be compelled to suspend operations, further impacting the viability of this critical economic driver for Mali,&quot; the company said.

Barrick Gold Says It Has To Date Been Unsuccessful In Arriving At Final Resolution In Disputes With The Government Of Mali Over Loulo-Gounkoto Complex; Says It Will Be Compelled To Suspend Operations If Shipments Remain Suspended

Whales with a lot of money to spend have taken a noticeably bullish stance on Barrick Gold.
Looking at options history for Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $334,067 and 6, calls, for a total amount of $457,550.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $22.0 for Barrick Gold over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Barrick Gold's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Barrick Gold's whale activity within a strike price range from $15.0 to $22.0 in the last 30 days. 
<h3>Barrick Gold Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734104844_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.47</td>
<td>$1.45</td>
<td>$1.45</td>
<td>$20.00</td>
<td>$145.0K</td>
<td>81.3K</td>
<td>2.1K</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$6.0</td>
<td>$5.95</td>
<td>$6.0</td>
<td>$22.00</td>
<td>$120.0K</td>
<td>1.0K</td>
<td>200</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1.53</td>
<td>$1.45</td>
<td>$1.5</td>
<td>$20.00</td>
<td>$120.0K</td>
<td>81.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$0.37</td>
<td>$0.36</td>
<td>$0.37</td>
<td>$15.00</td>
<td>$105.0K</td>
<td>8.6K</td>
<td>2.8K</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$0.4</td>
<td>$0.37</td>
<td>$0.37</td>
<td>$15.00</td>
<td>$74.0K</td>
<td>8.6K</td>
<td>5.1K</td>
</tr>
</tbody>
</table>

<h3>About Barrick Gold</h3>
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Following our analysis of the options activities associated with Barrick Gold, we pivot to a closer look at the company's own performance.
<h3>Barrick Gold's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,458,520, the price of GOLD is down by -2.42%, reaching $16.75.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 61 days from now.</li>
</ul>
<h3>Expert Opinions on Barrick Gold</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $24.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Scotiabank persists with their Sector Outperform rating on Barrick Gold, maintaining a target price of $23. 
&#x2A; Maintaining their stance, an analyst from Raymond James continues to hold a Outperform rating for Barrick Gold, targeting a price of $25. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Barrick Gold with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Barrick Gold Unusual Options Activity

SSRM

Shares of precious metals stocks are trading lower amid a drop in gold prices following US economic data.

<a href="https://www.bnnbloomberg.ca/business/2024/12/10/barrick-said-to-seek-buyer-for-ivory-coast-mine-as-bullion-soars/">https://www.bnnbloomberg.ca/business/2024/12/10/barrick-said-to-seek-buyer-for-ivory-coast-mine-as-bullion-soars/</a>
Barrick Gold Corp. is seeking buyers for its Tongon gold mine in the Ivory Coast in an effort to sell the aging operation when bullion prices are surging.
The world's No. 2 gold miner started working with Toronto-Dominion Bank to identify buyers and solicit bids for the mine in late November, according to people familiar with the matter, who asked not to be named discussing confidential matters.
Barrick and TD both declined to comment.
Barrick plans to stop production at the 24-year-old open-pit mine by 2027 given its depleting resources, according to company filings. The mine produced 204,000 ounces last year — about 5% of Barrick's overall gold output for the year. Barrick has a nearly 90% stake in Tongon, with the Ivory Coast government and local investors holding the rest of the operation, 682 kilometers (424 miles) north of the port city Abidjan.
Price Rally
Gold producers have seen higher valuations for mines this year as bullion prices hit successive record highs bolstered by central-bank buying, geopolitical uncertainty and interest-rate cuts. Barrick's rival, Newmont Corp., has brought in $3.9 billion from selling mines in 2024 — almost double its initial divestment target. Newmont's Akyem mine in Africa drew interest from several Chinese firms and was ultimately sold to Zijin Mining Group Co. for $1 billion.&nbsp;
Barrick previously considered selling Tongon in 2019, without avail. The company had signaled it was weighing options for the mature operation during an investor event in November.
"Although we have continued extending Tongon's life, it has become increasingly non-core to Barrick, and therefore we are currently looking at strategic options for this asset," Sebastiaan Bock, Barrick's chief operating officer for Africa and the Middle East, said during the event. Disposing of the asset "will increase the quality of the portfolio and it will reduce the cost profile by more than $50 per ounce." &nbsp;

Reported Earlier, 'Barrick Said To Seek Buyer For Ivory Coast Mine As Bullion Soars' - BNN Bloomberg

GATO

Shares of precious metals stocks are trading higher amid strength in gold and silver prices. Gold may be rising amid reports of renewed China Central Bank purchases as well as geopolitical uncertainty following Assad's ouster in Syria.

Mali's military junta has issued an arrest warrant for Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) CEO Mark Bristow, further straining relationships with <a target="_blank" href="https://www.benzinga.com/topic/mining" rel="noreferrer noopener">foreign mining companies</a>.
Reuters <a target="_blank" href="https://www.reuters.com/world/africa/mali-issues-arrest-warrant-barrick-gold-ceo-document-shows-2024-12-05/" rel="noreferrer noopener">reported</a> that the warrant accuses Bristow of money laundering and financial violations. Barrick, which operates the Loulo-Gounkoto mining complex in Mali, declined to comment on the issue.
The news follows the detention of four Barrick employees over a <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/10/41571989/mali-government-threatens-barricks-loulo-mine-permit-over-disputes-on-economic-benefit-sharin" rel="noreferrer noopener">$500 million tax dispute</a>.
Gold is Mali's key commodity, accounting for over 80% of its exports and making the country Africa's fourth-largest gold producer. Following the rising prices of this precious metal, the junta, which seized power in 2020, has aggressively pursued higher mining revenues, increasing its stakes in projects to 35% and removing tax exemptions.
Naturally, this caused significant friction with international operators, whose technology and know-how enable large-scale operations.
Barrick's Loulo-Gounkoto complex is a Tier 1 mining operation, producing over 500,000 ounces of gold annually and contributing significantly to Mali's GDP.&nbsp;Over nearly three decades, Barrick has invested more than $10 billion in the country.
Despite CEO Mark Bristow's <a target="_blank" href="https://www.benzinga.com/news/24/07/39732127/barrick-gold-navigates-new-mining-code-political-changes-to-secure-mali-operations" rel="noreferrer noopener">three visits to Mali</a> this year, negotiations have faltered. "Our attempts to find a mutually acceptable resolution have so far been unsuccessful," Bristow <a target="_blank" href="https://www.barrick.com/English/news/news-details/2024/barrick-confirms-arrest-of-four-malian-employees-reaffirms-commitment-to-resolution-of-disputes/default.aspx" rel="noreferrer noopener">said</a> recently, reiterating Barrick's willingness to engage.
Australia's Resolute Mining (OTCPK: RMGGY), which owns the Syama mine near the border with Côte d'Ivoire, is yet another firm struggling to find a common ground with the junta government. Following a 12-day detention of CEO Terry Holohan and two employees, they paid <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/11/41968322/mali-demands-162-million-from-resolution-trading-suspended" rel="noreferrer noopener">$160 million in disputed taxes</a>.
Other notable companies in Mali include B2Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BTG#AMEX">BTG</a>), which owns the Fekola mine, producing over 500,000 ounces annually, and Hummingbird Resources (OTCPK: HUMRF), which operates the Yanfolila mine.
The arrest warrant for one of the leading global mining CEOs shows the volatile political environment in the region.
The junta employs the Kremlin-backed Wagner Group for internal control, with Wagner implicated in the illicit gold trade.
Neighboring nations are following similar patterns: Burkina Faso has vowed to reclaim mining permits, while Niger recently took control of a uranium mine operated by France's state-owned miner Orano.
The political instability in this region is becoming worrisome for the international mining community, as Africa's vast mineral resources remain a notable contributor to global long-term carbon-neutral goals.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/24/12/42334888/rio-tinto-ceo-defends-london-listing-outlines-future-growth-plans" target="_blank" rel="noreferrer noopener">Rio Tinto CEO Defends London Listing, Outlines Future Growth Plans</a></li>
</ul>
Photo via Shutterstock

Comments

Barrick Gold

뉴스

에 대한 최신 뉴스 Barrick Gold (NYSE:GOLD) 주식

수요일, 11월 27, 2024

목요일, 11월 07, 2024

토요일, 9월 21, 2024

화요일, 7월 16, 2024

화요일, 6월 04, 2024

금요일, 4월 26, 2024

토요일, 4월 06, 2024

뉴스

파트너 / 기고자

벤징가 글로벌