trending Market Intelligence /marketintelligence/en/news-insights/trending/sRKfhpzkW2kT9ChGfgzQ4Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Barrick Gold CEO says external support unnecessary for future deals, projects

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020

Barrick Gold CEO says external support unnecessary for future deals, projects

Barrick Gold Corp. CEO Mark Bristow said the company's finances are strong enough to support the start of a new mine or carry out a transaction without taking any outside help, Bloomberg News reported Dec. 13.

"We're going to settle all the near-term debt, and we're left with debt that's only due from 2023 onwards," Bristow said in an interview.

Meanwhile, the chief executive said that, while it made sense to start an "intellectual conversation" about a potential merger with Freeport-McMoRan Inc., it took three years to put together a tie-up with the former Randgold Resources, and the company has no plans in rushing into anything with the Phoenix, Ariz.-based copper miner.

"There's no way we would do something in a hostile way because there's too much risk in a transaction of that size and nature," Bristow was quoted as saying in the Bloomberg News report.

The Toronto-headquartered miner's long-term strategy is primarily on gold, Bristow said, but he noted the importance of copper if Barrick wants to be a "materially relevant organization focused on gold."

For now, Bristow said there is a higher likelihood of Barrick selling its copper assets instead of acquiring. When asked if a potential sale of the Lumwana copper mine in Zambia is looming, he said the miner "received inbound interest," but it does not need to divest the operation.