Barrick Gold CEO Sees Potential for Net-Zero Debt by End of the Year

The video discusses the company's strategic goals, including increasing earnings, reducing net debt, and enhancing dividends. It outlines a five-year plan for gold production and addresses the impact of current gold prices on financial strategies. The discussion also covers the sustainability of gold prices, market trends, and the potential for industry consolidation.

What is the company's target annual gold production for the next five years?

• 10 million ounces

• 3 million ounces

• 5 million ounces

• 7 million ounces

Which factors are mentioned as influencing current gold prices?

• Low interest rates and weaker dollar

• Rising oil prices and strong euro

• High unemployment and stable yen

• High inflation and strong dollar

What is the company's budgeting gold price for the current year?

• $1800

• $1500

• $1350

• $1200

What significant trend in gold production is highlighted in the transcript?

• Fluctuation in gold production

• Increase in gold production

• Stability in gold production

• Decline in gold production

What is the company's approach towards industry consolidation?

• Focusing on tier two assets

• Adding to their tier one portfolio

• Merging with smaller companies

• Avoiding any consolidation