Headquarters
    Canada
    Stock Exchange Listings
    TSX: ABX - NYSE: GOLD
    Workforce
    Employees: 19,530 (31/12/2018)
    Contract workers: 19,251 (31/12/2018)
    Total: 38,781 (31/12/2018)
    Geographic Footprint
    Producing countries: 14
    Known tax jurisdictions: 21
    Revenues (in BUSD)
    Total Revenue: 7.243 (31/12/2018)
    Net Income: -1.435 (31/12/2018)
    State Ownership
    No State ownership
    2017 Fatalities
    Total worker fatalities: 2
    • Employees: Not reported
    • Contract workers: Not reported
    Others: Not reported
    2018 Fatalities
    Total worker fatalities: 0
    • Employees: 0
    • Contract workers: 0
    Others: Not reported
    Home countries, where the company is headquartered
    Producing countries, where the company has mining operations
    Mine sites selected for mine-site-level assessment

    Summary of Results


    While absolute results remain low overall, Barrick Gold Corp shows one of the five stronger results in Community Wellbeing in part because the company shows evidence of tracking and reviewing its performance on preventing and remedying human rights abuses related to its security management. In addition, Barrick Gold Corp shows evidence of having put in place systems designed to ensure its operations conduct human rights due diligence and assess and address the potential impacts of involuntary displacement.

    Barrick Gold Corp’s results in the other thematic areas are above the average achieved across all 38 companies. At the same time, Barrick Gold Corp ranks 13th among the 38 companies on its mine-site-level results, though with an average score of only 15% in the mine-site assessment.

    In the company-wide assessment, other areas where Barrick Gold Corp’s results are stronger include for example the company’s disclosure of the payments it makes to national and sub-national governments in accordance with its home country Canada’s Extractive Sector Transparency Measures Act, and its disclosure of information on the location and safety of its tailings storage facilities along with other companies, following the recent investor request.

    Barrick Gold Corp is associated with several leading practices, including its systematic approach to prioritising local employees for senior management roles at mine sites.

    On the other hand, Barrick Gold Corp’s overall results are held back by a lack of evidence of action on a number of issues, including for example collaborative R&D on socio-economic and environmental issues related to mining, tracking the quality of its relationships with affected communities, and ensuring that its operations address the health and safety needs of women workers. And the company still shows evidence of discrepancies in the level of effort it makes to track and review the performance of its grievance mechanisms. While the company shows evidence of tracking and reviewing the performance of its grievance mechanisms for communities, no such evidence is found relating to the performance of its grievance mechanisms for workers.

    Moreover, the six Barrick Gold Corp mine sites assessed in the mine-site assessment show no evidence of disclosing data related to air quality. Likewise, none of these six mine sites show any evidence of informing affected communities about their emergency response plans or of involving these communities in the testing of these plans.

    Overall results

    Economic Development

    1.64 / 6.002020
    1.70 / 6.002018

    Business Conduct

    2.37 / 6.002020
    2.34 / 6.002018

    Lifecycle Management

    1.72 / 6.002020
    1.57 / 6.002018

    Community Wellbeing

    2.13 / 6.002020
    2.34 / 6.002018

    Working Conditions

    1.94 / 6.002020
    1.93 / 6.002018

    Environmental Responsibility

    2.68 / 6.002020
    1.94 / 6.002018

    Average Mine-Site Score

    15.3%2020
    2020
    1.64
    score / 6
    2018
    1.70
    score / 6

    Economic Development

    2020
    2.37
    score / 6
    2018
    2.34
    score / 6

    Business Conduct

    2020
    1.72
    score / 6
    2018
    1.57
    score / 6

    Lifecycle Management

    2020
    2.13
    score / 6
    2018
    2.34
    score / 6

    Community Wellbeing

    2020
    1.94
    score / 6
    2018
    1.93
    score / 6

    Working Conditions

    2020
    2.68
    score / 6
    2018
    1.94
    score / 6

    Environmental Responsibility

    2020
    15.3
    %

    Average Mine-Site Score

    Results per measurement area

    Commitment

    (9 indicators)

    Action

    (42 indicators)

    Effectiveness

    (20 indicators)

    Results per indicator

    Economic Development

    Mine-site Results

    Mine sites selected for individual assessment (but not included in the overall company score)
    BulyanhuluLagunas NorteLumwanaNorth MaraPorgeraPueblo ViejoZaldívar
    Local Employment
    (score /3)
    0.02.02.00.02.02.00.5
    Local Procurement
    (score /3)
    0.01.01.00.01.01.00.0
    Post-Closure Plans
    (score /3)
    0.50.50.00.51.00.50.5
    Community Grievances
    (score /3)
    1.00.50.01.50.50.50.0
    Worker Grievances
    (score /3)
    0.00.00.00.00.00.00.5
    Air Quality
    (score /3)
    0.00.00.00.00.00.00.0
    Water Quality
    (score /3)
    0.00.00.00.01.00.00.0
    Water Quantity
    (score /3)
    0.01.01.00.01.01.01.0
    Tailings Management
    (score /3)
    1.00.01.01.0-1.01.0
    Emergency Preparedness
    (score /3)
    0.00.00.00.00.00.00.0
    Mine-site Score
    (%)
    8.316.716.710.024.120.011.7

    Operational mine sites

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining types
    BulyanhuluReef Zero, Reef One, Reef TwoTanzania63.9Copper, GoldUnderground, Tailings Leach
    Buzwagi-Tanzania63.9Copper, GoldOpen-pit
    CortezPipeline, Cortez Hills, Nevada Gold MinesUSA61.5GoldOpen-pit, Underground
    Goldstrike-CarlinSilverstar, Goldstar, Leeville, Chukar, Pete Bajo, Exodus, Capstone, Bootstrap, Genesis, Maggie Creek, Tusc, Carlin Trend, Gold Quarry, Betze-Post, Meikle, Rodeo, Nevada Gold MinesUSA61.5GoldOpen-pit, Underground
    HemloWilliamsCanada100GoldOpen-pit, Underground
    Jabal Sayid-Saudi Arabia50Copper, Gold, SilverUnderground
    KalgoorlieSuper Pit, Mt CharlotteAustralia50GoldOpen-pit
    Kibali-DRC45GoldOpen-pit, Underground
    Lagunas Norte-Peru100Gold, SilverOpen-pit
    Long CanyonNevada Gold MinesUSA61.5GoldOpen-pit
    Loulo-Gounkoto-Mali80GoldOpen-pit, Underground
    Lumwana-Zambia100CopperOpen-pit
    Morila-Mali40GoldOpen-pit, Underground, Tailings Leach
    North MaraNyabirama, GokonaTanzania63.9GoldOpen-pit, Underground
    Phoenix-Lone TreeNevada Gold MinesUSA61.5Copper, GoldOpen-pit
    Porgera-Papua New Guinea47.5GoldOpen-pit, Underground
    Pueblo Viejo-Dominican Republic60Copper, Gold, SilverOpen-pit
    South ArturoDee, Storm, Nevada Gold MinesUSA36.9GoldOpen-pit, Underground
    Tongon-Côte d'Ivoire89.7GoldOpen-pit
    Turquoise Ridge-Twin CreeksGetchell, Nevada Gold MinesUSA75GoldUnderground
    Veladero-Argentina50Gold, SilverOpen-pit
    Zaldívar-Chile50CopperOpen-pit

    Closed mine sites (known)
    (controlled assets under care & maintenance, closure or post-closure management)

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining typesYear of closure
    David Bell-Canada100GoldOpen-pit2010
    El Indio-Chile83Copper, Gold, SilverOpen-pit2002
    Eskay Creek-Canada100Gold, SilverUnderground2008
    Golden Giant-Canada100GoldUnderground2014
    Golden SunlightBull MountainUSA100GoldOpen-pit2019
    Homestake-USA100GoldOpen-pit2001
    McLaughlin-USA100GoldOpen-pit2002
    Pierina-Peru100GoldOpen-pit2014
    Tambo-Chile83GoldOpen-pit1999

    Shareholders (known)

    As of: 31/10/2019Shares (%)
    Van Eck Associates Corporation4.78%
    Fidelity Management & Research Company4.72%
    BlackRock Investment Management (UK) Ltd.3.14%
    Fidelity Investments Canada ULC3.05%
    The Vanguard Group, Inc.2.80%
    First Eagle Investment Management, L.L.C.2.70%
    Flossbach von Storch AG2.60%
    Capital World Investors2.33%
    Boston Partners1.97%
    RBC Global Asset Management Inc.1.36%
    Capital Research Global Investors1.19%
    T. Rowe Price Associates, Inc.1.11%
    Templeton Investment Counsel, L.L.C.1.01%
    Shandong Gold Group Co., Ltd.0.91%
    Majedie Asset Management Limited0.85%

    Beneficial Owners (known)

    As of: 29/11/2019Shares (%)
    Not reported-

    Subsidiaries (known)

    As of: 18/03/2019Country
    1051694 Ontario Inc.Canada
    1816962 Ontario Inc.Canada
    AC 40689 Ltd.Cayman Islands
    Acacia Mining plcUK
    Argentina Gold (bermuda) II Ltd.Cayman Islands
    Argentina Gold (Bermuda) I Ltd.Cayman Islands
    Argentina Gold CorpCanada
    Arizona Star Resource (Bermuda) Ltd.Cayman Islands
    Atacama Copper Pty LimitedAustralia
    Aurum Insurance Company Inc.Barbados
    A&X Financeco Inc.USA
    Barrick Administration Company Pty LtdAustralia
    Barrick African Copper Pty LimitedAustralia
    Barrick (Australia Pacific Holdings) Pty LtdAustralia
    Barrick (Australia Pacific) Pty LimitedAustralia

    Tax Jurisdictions (known)

    Argentina

    Australia

    Barbados

    British Virgin Islands

    Canada

    Cayman Islands

    Chile

    Côte d'Ivoire

    DRC

    Dominican Republic

    Jersey

    Mali

    Mauritius

    Pakistan

    Papua New Guinea

    Peru

    Saudi Arabia

    Tanzania

    UK

    USA

    Zambia

    Investor / State Disputes
    (since 2014)

    No case