Premier assets, profitable production

Barrick produced 6.12 million ounces of gold in 2015 from a portfolio that includes some of the world’s premier gold assets.

Our five core mines in the Americas are expected to account for about 70% of our total production in 2016 at all-in sustaining costs of $620-$650 per ounce1. With an average reserve grade of 1.88 grams per tonne2—more than double that of our peer group average—they are among the most attractive assets in the entire gold industry.

Copper production in 2015 was 511 million pounds.

2016 Full-Year Guidance

5.25 - 5.55 million Ounces of gold $740 - $775 All-in sustaining costs per ounce
380 - 430 million Pounds of copper $2.00 - $2.20 All-in sustaining costs per pound
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January 1, 2013 files/design/bodybg/operations.jpg

Operations — Copper

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Exploration & Growth


Barrick's project portfolio is unsurpassed in the gold industry and represents a tremendous source of optionality and value.

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Acacia Mining plc

Acacia Mining plc

Acacia Mining plc is a company listed on the London Stock Exchange that owns gold mines and exploration properties in Africa. Barrick holds a 63.9% equity interest in Acacia.

» www.acaciamining.com


  1. All-in sustaining costs per ounce is a non-GAAP financial performance measure, with no standardized definition under IFRS, and therefore may not be comparable to similar measures prepared by other issuers. For further information, and a detailed reconciliation of this non-GAAP measure to the most directly comparable IFRS measure, please see pages 70-78 of Barrick’s Fourth Quarter and Year-End 2015 Report. Further details on this non-GAAP measure are provided in the MD&A accompanying Barrick's financial statements, filed from time to time on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov.
  2. Calculated in accordance with National Instrument 43-101 as required by Canadian securities regulatory authorities. Estimates are as of December 31, 2015, unless otherwise noted. For United States reporting purposes, Industry Guide 7 under the Securities and Exchange Act of 1934 (as interpreted by Staff of the SEC), applies different standards in order to classify mineralization as a reserve. Accordingly, for U.S. reporting purposes, approximately 1.70 million ounces of proven and probable gold reserves at Cortez and approximately 2.11 million ounces of proven and probable gold reserves at Lagunas Norte are classified as mineralized material. Complete mineral reserve and mineral resource data for all mines and projects referenced on this website, including tonnes, grades and ounces, can be found on pages 25-35 of Barrick’s 2015 Form 40-F/Annual Information Form.
Gold  $ 1,270.33 +3.45 +0.27% Volume: October 27, 2016
ABX NYSE  $ 16.65 +0.00 +0% Volume: 11,437,400 October 26, 2016
ABX TSX  $ 22.24 +0.00 +0% Volume: 3,724,400 October 26, 2016
Gold  $ 1,270.33 +3.45 +0.27% Volume: October 27, 2016

Our vision is the generation of wealth through responsible mining — wealth for our owners, our people, and the countries and communities with which we partner.

World Gold Council Member

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