Barrick Gold

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Barrick Gold Pays Out To Rape Victims

A Canadian-owned gold company says it is giving cash payments and other compensation to 14 women who were sexually assaulted by police and security guards at its controversial North Mara gold mine in...
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<i>Triple-Digit TSX Drop</i>

Energy and mining stocks — especially the gold miners — led a substantial pull-back for the TSX on Tuesday as a broad-based sell-off hit most sectors. The S&P/TSX composite index fell 176 points, or...
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Barrick Gold Hit With Huge Loss

TORONTO - A massive writedown on the Pascua-Lama mine in Chile helped push Barrick Gold Corp. to a second-quarter loss of US$8.56 billion, but the Toronto-based company says it plans to continue the p...
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Ouch

TORONTO - Barrick Gold Inc. (TSX:ABX) is laying off about 100 corporate staff, mostly from its Toronto headquarters, as it struggles with falling gold prices and a number of internal challenges.The jo...
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Crashing Gold Prices Hit Barrick Hard

TORONTO, Cananda - Shareholders of Barrick Gold. Corp. (TSX:ABX) voted against an executive pay resolution at the company's annual meeting on Tuesday as the gold miner launched a plan to slash at leas...
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Barrick's Golden Exec Compensation Is at Your Expense

Pension fund managers will go into Barrick's annual meeting in Toronto on Wednesday April 24 to oppose executive John Thornton's bonus payment of $11.9-million. They also are expected to vote against the re-election of board members who recommended the payment. The way executives at Barrick are enriching themselves -- while most Canadians have a hard time economically -- offers an excellent opportunity for public interest groups and the public to pressure the business community and government to bring executive compensation back under control.
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Barrick Gold CEO Gets A Stunning Paycheque

When John Thornton accepted the role of co-chairman at Barrick Gold Corp. last year, the company certainly showed him its gratitude. Mr. Thornton was paid a staggering US$17-million in 2012, his first...
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Huge Hit For Barrick

Barrick Gold has vowed to make major changes in the way it does business after a massive writedown on its copper business in Africa pushed the miner to a loss of more than US$3 billion in the fourth q...