Barrick Gold Corp (XTER:ABR)
€ 14.95 0.16 (1.08%) Market Cap: 26.10 Bil Enterprise Value: 34.79 Bil PE Ratio: 17.65 PB Ratio: 1.20 GF Score: 85/100
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Q2 2021 Barrick Gold Corp Earnings Call Transcript

Aug 09, 2021 / 03:00PM GMT
Release Date Price: €17.49 (-0.64%)
Operator

Ladies and gentlemen, thank you for standing by. This is the conference operator. Welcome to the Barrick 2021 Second Quarter Results Conference Call. (Operator Instructions) As a reminder, this conference call is being recorded, and a replay will be available on Barrick's website later today, August 9, 2021.

I would now like to turn you over to Mark Bristow, Chief Executive Officer. Please go ahead, sir.

Dennis Mark Bristow
Barrick Gold Corporation - President, CEO & Director

Thank you very much, and good day, ladies and gentlemen, and welcome to Barrick's Q2 results presentation. Despite the short spell of value-creating consolidation preceding the pandemic, I feel our industry is still too fragmented and needs to lift its horizon and focus a little more on the future.

We have been living on a rising gold price going back to the turn of the century with not much focus on replacing the ore bodies we mine with similar quality. As I have said many times before, having experienced the last gold price boom without creating any real view, the

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