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Barrick Gold announces an exploration partnership with Geophysx Jamaica, granting Barrick access to 4,000 square kilometers of land in Jamaica. The agreement allows Barrick to earn up to an 80% joint-venture interest in designated properties. Geophysx Jamaica is a leading mineral exploration company committed to responsible exploration. The partnership aims to leverage Geophysx's expertise and Barrick's resources to accelerate the discovery of new resources in Jamaica.
Barrick Gold reported its Q1 results showing steady gold and copper production growth to meet full year targets. Despite lower production due to delays and maintenance, the company's financials saw a significant increase in net earnings and operating cash flow. Barrick is progressing major organic growth projects and maintaining a strong focus on exploration, sustainability, and value delivery. The company remains on track to achieve its 2024 targets, with a positive outlook for its copper projects and sustainable energy initiatives.
Barrick Gold (NYSE:GOLD)(TSX:ABX) has declared a dividend of $0.10 per share for Q1 2024, in line with its Performance Dividend Policy. The dividend will be paid on June 17, 2024, to shareholders of record on May 31, 2024. This decision reflects the company's strong balance sheet and global asset base, ensuring continued shareholder returns and business growth.
Barrick Gold announced the election of directors at the 2024 Annual Meeting of Shareholders. Voting results for directors, auditors, executive compensation, and shareholder proposal were provided. Notable victories include Mark Bristow, Isela A. Costantini, and Andrew J. Quinn. The investor and media relations contact information is also available.