Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Mark Bristow"


14 mentions found


Barrick Gold CEO Mark Bristow goes one-on-one with Jim CramerBarrick Gold CEO Mark Bristow joins 'Mad Money' host Jim Cramer to talk gold prices, gold mining operations and quarterly results.
Persons: Mark Bristow, Jim Cramer Barrick, Jim Cramer Organizations: Barrick
Gold prices have rallied to record highs, here's why
  + stars: | 2024-04-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold prices have rallied to record highs, here's whyBarrick Gold CEO Mark Bristow joins 'Money Movers' to discuss why Gold has rallied as much as it has, how geopolitical concerns impact the price of Gold, and more.
Persons: Mark Bristow, Gold Organizations: Barrick
Barrick Gold CEO Mark Bristow goes one-on-one Jim Cramer
  + stars: | 2023-10-24 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Barrick Gold CEO Mark Bristow goes one-on-one Jim CramerBarrick Gold President and CEO Mark Bristow joins 'Mad Money' host Jim Cramer to talk the price of gold, gold mining, market performance and more.
Persons: Mark Bristow, Jim Cramer Barrick, Jim Cramer Organizations: Barrick, Jim Cramer Barrick Gold
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCopper is the 'most strategic' out of all the metals, says Barrick Gold CEO Mark BristowMark Bristow, Barrick Gold president and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, the outlook on gold and copper, and more.
Persons: Mark Bristow Mark Bristow Organizations: Barrick, Barrick Gold
Mark Bristow, CEO of Barrick Gold ​Co. REUTERS/Shelley Christians/File PhotoTORONTO, Aug 8 (Reuters) - Barrick Gold Corp (ABX.TO) is open to bringing in Saudi Arabia's wealth fund as one of its partners in Pakistan's Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday. Barrick Gold owns a 50% stake in Pakistan's Reko Diq mine, with the remaining 50% owned by the governments of Pakistan and the province of Balochistan. He said that Barrick will support PIF coming into the mine through Pakistan's 25% equity stake. Barrick and Saudi's state-owned mining company Ma'aden jointly operate a copper project in Jeddah.
Persons: Mark Bristow, Shelley Christians, Barrick, Bristow, PIF, Divya Rajagopal, Mark Porter, Conor Humphries Organizations: Barrick Gold ​, Reuters, Mining, REUTERS, TORONTO, Barrick Gold Corp, Pakistan's, Barrick, Minerals, Barrick Gold, Saudi Arabia's Public Investment Fund, Ma'aden, Thomson Locations: Cape Town , South Africa, Saudi, Pakistan's, Pakistan, Balochistan, Saudi Arabia, Islamabad, Saudi's, Jeddah, PIF, VALE3
Cramer's Lightning Round: Pass on Spirit Airlines
  + stars: | 2023-07-31 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon Spirit Airlines' year-to-date stock performance. Stock Chart Icon Stock chart icon Chargepoint's year-to-date stock performance. Stock Chart Icon Stock chart icon IONQ's year-to-date stock performance. Stock Chart Icon Stock chart icon Cleveland-Cliffs' year-to-date stock performance. Stock Chart Icon Stock chart icon Coursera's year-to-date stock performance.
Persons: Mark Bristow's, It's, you've, I've, Nucor, I'm Organizations: Airlines, Spirit Airlines, Barrick, Marvell, Cliffs Locations: Cleveland
June 15 (Reuters) - Canadian miner First Quantum Minerals (FM.TO) has rejected an informal takeover offer from Barrick Gold (ABX.TO), Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of copper miner First Quantum rose 12% following the news, while Barrick fell 2.7%. First Quantum did not immediately respond to a Reuters request for comment, while Barrick said the company does not comment on market speculation. Barrick Gold CEO Mark Bristow's had expressed his interest in copper giant Freeport-McMoran (FCX.N) in 2020, but a deal between the companies did not pan out. Reporting by Sourasis Bose in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons: Barrick, Mark Bristow's, Sourasis Bose, Devika Organizations: Minerals, Barrick Gold, Bloomberg, Barrick, Newmont Corp, Thomson Locations: Freeport, McMoran, Bengaluru
Barrick has been building its copper business organically and said it is exploring copper drilling opportunities in countries such as Chile and Argentina. "We have always said that if you want to be relevant as a gold miner you have to be in copper business," Bristow added. Gold is often a byproduct of copper, a critical metal required for electrification and the transition to a greener economy. Teck last month withdrew its plan to split its coal and metals business after it failed to secure shareholders' approval. Bristow said Glencore's proposal made a "lot of sense" as Glencore could handle Teck's debt and had offered a clean split of Teck's business.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold's price action is sustainable for the time being: Barrick CEOMark Bristow, Barrick CEO, joins 'Squawk on the Street' to discuss the recent price action in Gold, how the changing view on Fed policy plays into the price of Gold and more.
The Newcrest acquisition by Newmont, if successful, could result in the enlarged company shedding some assets. Bristow stuck to the company's 'build, not buy' approach and ruled out the possibility that Barrick would launch a counter bid for Newcrest. Newmont's offer implied a 21% premium to Newcrest's share price. Barrick last month reported a 13.4% rise in gold production as access to high-grade ore at its Cortez and Carlin mines in Nevada powered a "strong finish" to the fourth quarter. Production for the year, however, was 4.1 million ounces of gold, down from 4.4 million ounces in 2021.
Gold miner unearths risky M&A seam
  + stars: | 2023-02-06 | by ( Antony Currie | ) www.reuters.com   time to read: +3 min
That’s precisely what Newmont (NEM.N) boss Tom Palmer has just done, offering $17 billion in stock for Australian gold excavator Newcrest Mining (NCM.AX). At present Newmont is offering a 22% premium to the target’s undisturbed share price, after Newcrest rejected an earlier 17% boost. What Canada’s Barrick Gold (ABX.TO) does in response is the main question. It is the world’s largest gold miner, which at $40 billion sports a market capitalisation 25% higher than Barrick’s. Agnico Eagle Mines (AEM.TO), the $24 billion third-largest miner of the ore, may want to dig in, too.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Barrick Gold President and CEO Mark BristowBarrick Gold President and CEO Mark Bristow joins 'Closing Bell' to discuss the state of the gold market, the inner workings of Barrick Gold's production capacity and asset supply, as well as the similarities and differences between gold and crypto.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThroughout time, gold has been a safe store of wealth, says Barrick Gold President and CEO Mark BristowBarrick Gold President and CEO Mark Bristow joins 'Closing Bell' to remark on the state of the gold market, the inner workings of Barrick Gold's production capacity and asset supply, as well as the similarities and differences between gold and crypto.
SummarySummary Companies Barrick now expects to exceed 2022 cost guidanceQ3 profit down 30% as gold production falls by 9%All-in sustaining costs up 22.7% from last yearNov 3 (Reuters) - Barrick Gold Corp (ABX.TO), shares hit their lowest level since March 2020 on Thursday after the world's second-biggest gold miner reported a 30.1% drop in third-quarter profit due to weak production and higher costs. Toronto-listed shares were down 6.9% to 18.26 Canadian dollars, on track for their biggest one-day drop in two years. The cost increase was largely down to a 9% fall in gold production from 1.09 million ounces to 988,000 ounces, CEO Mark Bristow told Reuters in an interview. Barrick remains on track to achieve its 2022 production guidance, Bristow said in a statement. Gold prices declined 8% during the third quarter as global central banks raised interest rates to battle surging inflation.
Total: 14