society

Our core business is building partnerships of real depth and trust with host governments, local communities, NGOs, indigenous people, and others. At their invitation and with their support, we take their minerals out of the ground, and in so doing, create wealth for all.

Economic Contributions

Our Approach

Our Approach to Society

Since the gold we mine belongs to the countries and communities where we operate, we see ourselves as partners in transforming these resources for mutual benefit. To know what benefitting really means to others, we listen to understand local priorities, interests and concerns. Our more than 30 years of working with governments, communities and others tells us that what matters is as varied as where we operate. Knowing what matters — and getting that right — is the foundation of a mutually-beneficial and long-term partnership.

Communities

Communities

Barrick’s operations can have both positive and negative impacts on the people and communities near our mines. The presence of a mine can lead to increased economic activity, local jobs and greater tax revenues.

9,000+ employees are from local communities

In 2015 alone, we contributed more than $6.15 billion by way of local and national goods and services, wages and salaries, taxes and government royalties, and investments in the communities where we operate. At the same time, mining can also contribute to social change, use scarce resources and contribute to an influx of people into a community.

We do not see the good things that we do as offsetting all negative or harmful impacts we may have.  For this reason, we work as hard at mitigating any negative impacts we may generate as we do on creating mutual and sustained value for our partners.  

$1.1 billion in local purchases in 2015

Fundamentally, this is about getting the simple things right, such as actively listening to communities, managing dust and noise or buying and hiring locally. For this to happen across all of Barrick’s sites, the company has developed a Community Relations Policy supported by a Community Relations Standard, procedures, guidelines, and toolkits, as well as comprehensive assurance reviews. Together, these form Barrick’s Community Relations Management System (CRMS). The CRMS creates explicit performance requirements for Community Relations at Barrick projects and operations to ensure we are living up to our commitments.

National and Local Employment

Learn more

Human Rights

Human Rights

Barrick operates mines in highly diverse social, economic and political contexts, including locations where human rights may not fully be recognized or respected.

Our Human Rights Policy contains the underlying principle behind our human rights approach: We will respect the human rights of all stakeholders who may be impacted by our operations.

More than 6,300 Barrick employees received
online human rights training in 2015

The Policy is applicable to every employee of Barrick Gold Corporation or its subsidiaries1, including senior executive and financial officers, and to members of the Barrick Board of Directors. The reporting requirement of this Policy is also applicable to Barrick’s contractors and suppliers.

Barrick has put in place a human rights compliance program to enforce our corporate policies and ensure human rights are respected everywhere we operate. The compliance program applies on a global basis to all of our employees and Barrick-operated sites. It is grounded in applying our corporate values at all locations at all times and is consistent with the UN Guiding Principles on Business and Human Rights.

Learn more

1 The Policy is not applicable to Acacia or the Porgera Joint Venture, which maintain their own human rights policies, or to Jabil Sayid, and may not be applicable at other locations in which Barrick holds a significant interest but does not exercise operational control.

Supply Chain

Supply Chain

The conduct and behavior of our suppliers, vendors, and contractors can significantly affect our workplace, the environment, the lives of people in local communities, our reputation, and our overall ability to operate effectively. 

As such, we expect and demand that our supply chain partners uphold Barrick’s principles of ethical business conduct, and respect for human rights. As a company, we strive to do business only with those suppliers who share these principles.

In 2015, we conducted due diligence on 90% of
new suppliers — approximately 1,100 vendors

For this reason, Barrick has a Supplier Code of Business Conduct and Ethics, which governs the conduct of suppliers and contractors doing business with Barrick. It covers important issues such as anti-bribery, anti-corruption, and human rights.

Barrick also has a Vendor Onboarding System and Standard to assist in our efforts to work with partners who align with our values. Under the Standard, we conduct due diligence on every entity receiving funds from Barrick — including suppliers, service providers, and civil society groups.

Learn more

Government Affairs

Government Affairs

Mining is a heavily regulated industry; our business depends on strong relations with host governments.

From exploration to construction, operation and closure, our activities are significantly impacted by the political and regulatory environments of our host countries. We recognize that our mines can play a significant role — economically, socially, and politically — in many of the jurisdictions where we operate. 

Our core business is about building partnerships of real depth
and trust with host governments and other stakeholders

We take a partnership approach with our stakeholders, including our home and host governments. This means we work to balance our own interests and priorities with those of our government partners, so that everyone derives real and sustained value from our operations.

Barrick’s executive directors and head office government affairs team work to build constructive relationships and regularly engage with regulators, public-policy makers, and non-governmental organizations — either on a face-to-face basis, or through our industry associations.

Taxes and Royalties

Learn more

Our Stakeholders

Our Stakeholders & External Commitments

Barrick’s business is about partnerships — with governments, communities, suppliers, civil society, other companies, and our employees.

This means balancing our own interests and priorities with those of others, helping both Barrick and our partners to derive real value from working together. It also means embracing a shared sense of responsibility. Getting this balance right helps us sustain the support and confidence of our key stakeholders, which is essential for our business success.

We strive to engage with all of our stakeholders in an open, transparent manner. This means communicating in an honest and timely fashion, as well as actively listening and responding to our stakeholders’ concerns and interests.

Barrick works closely with civil society and government partners in multi-stakeholder groups, including the Devonshire Initiative, the VPs and EITI.

Learn more

Education

Building the Western Shoshone Leaders of Tomorrow

 

Partnership

Adding Children's Perspective to Human Rights Assessments

 

Date Download Description
May 6, 2015 files/design/bodybg/our-approach.jpg
2014 Responsibility Report
February 9, 2015 files/design/bodybg/to2015.jpg
Toronto 2015
January 1, 2013 files/design/bodybg/news.jpg
Inevstors > News
January 1, 2013 files/design/bodybg/presentations.jpg
Investors > Presentation
January 1, 2013 files/design/bodybg/news-details.jpg
Investors > News Details
January 1, 2013 files/design/bodybg/presentation-details.jpg
Investors > Presentation Details
January 1, 2013 files/design/bodybg/quarterly-reports.jpg
Investors > Quarterly Reports
January 1, 2013 files/design/bodybg/regulatory-filings.jpg
Investors > Regulatory Filings
January 1, 2013 files/design/bodybg/regulatory-filings.jpg
Investors > Regulatory Filing Details
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Annual Report 2012
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Message from the Founder and Chairman
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Financial Highlights
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Message from the President and CEO
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Focus on Free Cash Flow
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > World Class Assets
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Exploration
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Corporate Responsibility
January 1, 2013 files/design/bodybg/2012-annual-report.jpg
Investors > Ethical Business Practices
January 1, 2013 files/design/bodybg/manage-your-shares.jpg
Investors > Manage Your Shares
January 1, 2013 files/design/bodybg/glossary.jpg
Investors > Tax Information – PDG Shareholders
January 1, 2013 files/design/bodybg/operations.jpg
Operations
January 1, 2013 files/design/bodybg/north-america.jpg
Operations > North America
January 1, 2013 files/design/bodybg/hemlo.jpg
Operations > North America > Hemlo
January 1, 2013 files/design/bodybg/pueblo-viejo.jpg
Operations > North America > Pueblo Viejo
January 1, 2013 files/design/bodybg/bald-mountain.jpg
Operations > North America > Bald Mountain
January 1, 2013 files/design/bodybg/cortez.jpg
Operations > North America > Cortez
January 1, 2013 files/design/bodybg/golden-sunlight.jpg
Operations > North America > Golden Sunlight
January 1, 2013 files/design/bodybg/goldstrike.jpg
Operations > North America > Goldstrike
January 1, 2013 files/design/bodybg/marigold.jpg
Operations > North America > Marigold
January 1, 2013 files/design/bodybg/round-mountain.jpg
Operations > North America > Round Mountain
January 1, 2013 files/design/bodybg/ruby-hill.jpg
Operations > North America > Ruby Hill
January 1, 2013 files/design/bodybg/turquoise-ridge.jpg
Operations > North America > Turquoise Ridge
January 1, 2013 files/design/bodybg/south-america.jpg
Operations > South America
January 1, 2013 files/design/bodybg/veladero.jpg
Operations > South America > Veladero
January 1, 2013 files/design/bodybg/lagunas-norte.jpg
Operations > South America > Lagunas Norte
January 1, 2013 files/design/bodybg/australia-pacific.jpg
Operations > Australia Pacific
January 1, 2013 files/design/bodybg/cowal.jpg
Operations > Australia Pacific > Cowal
January 1, 2013 files/design/bodybg/kalgoorlie.jpg
Operations > Australia Pacific > Kalgoorlie
January 1, 2013 files/design/bodybg/kanowna.jpg
Operations > Australia Pacific > Kanowna
January 1, 2013 files/design/bodybg/plutonic.jpg
Operations > Australia Pacific > Plutonic
January 1, 2013 files/design/bodybg/yilgarn.jpg
Operations > Australia Pacific > Yilgarn South
January 1, 2013 files/design/bodybg/porgera.jpg
Operations > Australia Pacific > Porgera
January 1, 2013 files/design/bodybg/copper.jpg
Operations > Cooper
January 1, 2013 files/design/bodybg/zaldivar.jpg
Operations > Cooper > Zaldívar
January 1, 2013 files/design/bodybg/jabal-sayid.jpg
Operations > Cooper > Jabal Sayid
January 1, 2013 files/design/bodybg/lumwana.jpg
Operations > Cooper > Lumwana
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama FAQ's
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — Project Overview
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — Project Overview
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — November 2012
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — December 2012
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — January 2013
January 1, 2013 files/design/bodybg/pascua-lama.jpg
Operations > Projects > Pascua-Lama > Photos — February 2013
January 1, 2013 files/design/bodybg/cerro-casale.jpg
Operations > Projects > Cerro Casale
January 1, 2013 files/design/bodybg/reko-diq.jpg
Operations > Projects > Reko Diq
January 1, 2013 files/design/bodybg/kabanga.jpg
Operations > Projects > Kabanga
January 1, 2013 files/design/bodybg/donlin-gold.jpg
Operations > Projects > Donlin Gold
January 1, 2013 files/design/bodybg/responsibility.jpg
Responsibility
January 1, 2013 files/design/bodybg/our-approach.jpg
Responsibility > CSR Advisory Board
January 1, 2013 files/design/bodybg/our-approach.jpg
Responsibility > Our Commitment
January 1, 2013 files/design/bodybg/people.jpg
Responsibility > Community
January 1, 2013 files/design/bodybg/our-approach.jpg
Responsibility > Heart of Gold Fund
January 1, 2013 files/design/bodybg/safety.jpg
Responsibility > Safety & Health
January 1, 2013 files/design/bodybg/human-rights.jpg
Responsibility > Human Rights
January 1, 2013 files/design/bodybg/ethics.jpg
Responsibility > Ethics
January 1, 2013 files/design/bodybg/reporting.jpg
Responsibility > Reporting
January 1, 2013 files/design/bodybg/profile.jpg
Company > About Us
January 1, 2013 files/design/bodybg/management.jpg
Company > Management
January 1, 2013 files/design/bodybg/governance.jpg
Company > Governance
January 1, 2013 files/design/bodybg/history.jpg
Company > History
January 1, 2013 files/design/bodybg/glossary.jpg
Company > Glossary
January 1, 2013 files/design/bodybg/careers.jpg
Careers
January 1, 2013 files/design/bodybg/careers.jpg
Careers > Co-op/New Grads
January 1, 2013 files/design/bodybg/careers.jpg
Careers > Why Barrick?
January 1, 2013 files/design/bodybg/careers.jpg
Careers > FAQs
January 1, 2013 files/design/bodybg/video.jpg
Careers > Remarkable people in Nevada
January 1, 2013 files/design/bodybg/video.jpg
Careers > Remarkable people at Barrick
January 1, 2013 files/design/bodybg/video.jpg
Careers > Remarkable people in South America
January 1, 2013 files/design/bodybg/video.jpg
Careers >Remarkable people in Australia
January 1, 2013 files/design/bodybg/suppliers.jpg
Suppliers
January 1, 2013 files/design/bodybg/contact-us.jpg
Contact Us
January 1, 2013 files/design/bodybg/legal.jpg
Legal & Privacy
January 1, 2013 files/design/bodybg/search-results.jpg
Search Results
January 1, 2013 files/design/bodybg/responsibility.jpg
Page Not Found
January 1, 2013 files/design/bodybg/exploration.jpg
Operations > Exploration
January 1, 2013 files/design/bodybg/pierina.jpg
Operations > Pierina
January 1, 2013 files/design/bodybg/environment.jpg
Responsibility > Environment
January 1, 2013 files/design/bodybg/security.jpg
Responsibility > Security
January 1, 2013 files/design/bodybg/stock-performance.jpg
Investors > Share Price & Dividend
January 1, 2013 files/design/bodybg/investor-relations.jpg
Investors Page
January 1, 2013 files/design/bodybg/home-barrick-gold.jpg
Home Page
January 1, 2013 files/design/bodybg/bod.jpg
Company > Board of Directors
January 1, 2013 files/design/bodybg/goldrush.jpg
Operations > Projects
January 1, 2013 files/design/bodybg/quarterly-reports.jpg
Investors > Annual Meeting of Shareholders
Gold  $ 1,268.90 +3.55 +0.28% Volume: April 28, 2017
ABX NYSE  $ 16.72 +0.01 +0.06% Volume: 16,585,909 April 28, 2017
ABX TSX  $ 22.82 +0.10 +0.44% Volume: 3,683,889 April 28, 2017
Gold  $ 1,268.90 +3.55 +0.28% Volume: April 28, 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 MemberMember of ICMM

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