labor-organizations

Barrick respects employees’ rights to freedom of association and collective bargaining.

This includes the right of each individual employee to join a union or other labor association. We have a number of sites around the world where our employees are members of labor unions or collective bargaining associations.

 

Our Approach

We work closely with labor unions or collective bargaining associations to develop and manage effective labor relations programs. Depending on the requirements of the labor union or association, sites with union membership often have safety topics included in labor agreements. Activities and actions conducted by site safety and health committees are essential to embedding a culture of safety within the company.

100% of agreements with unions cover safety and health topics

Over 25% of our workforce is represented by
unions or collective bargaining agreements

Our Progress

  • In 2015, employees in seven countries were covered by collective bargaining agreements. This represents 26.8% of our total workforce.
  • In 2015, we did not experience any work stoppages longer than one week’s duration at any of our sites.
  • We engaged in eight consultations with unions regarding organizational changes in Barrick in 2015.

Communications

Good communication with our employees is essential for effective management of our global organization. Our employees can access our company intranet for daily and quarterly updates on company affairs. During major changes to our operations, we keep our employees informed through targeted announcements, online information sessions, the company intranet, and face-to-face meetings at sites and offices as necessary. For those operations where there are collective bargaining agreements in place, we respect minimum notice periods regarding communicating operational changes as indicated in the agreement. We believe that keeping the lines of communication open between management and labor is the most effective way to have an engaged workforce and to avoid a work stoppage.

Date Download Description
May 6, 2015 files/design/bodybg/our-approach.jpg
2014 Responsibility Report
Gold  $ 1,248.59 +0.29 +0.02% Volume: March 1, 2017
ABX NYSE  $ 18.84 +0.26 +1.43% Volume: 15,006,091 March 1, 2017
ABX TSX  $ 25.16 +0.65 +2.65% Volume: 3,130,023 March 1, 2017
Gold  $ 1,248.59 +0.29 +0.02% Volume: March 1, 2017

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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