Shareholders Want Barrick to Stay the Course, Dushnisky Says

Shareholders Want Barrick to Stay the Course, Dushnisky Says

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a company's strategy to reduce debt by $1.5 billion without selling assets, leveraging high gold prices. It explores potential asset sales, including non-core assets and interest from Chinese investors in Acacia. The company maintains a disciplined approach to asset sales, valuing its assets highly. Discussions also cover the potential sale of Kalgoorlie and the strategic importance of copper assets. The company remains focused on generating free cash flow, improving its balance sheet, and maintaining high-quality assets, despite stock market challenges.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's target for debt reduction this year?

$5 billion

$2 billion

$1.5 billion

$1 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's approach to selling non-core assets?

Hold onto them indefinitely

Avoid selling at all costs

Sell only for the right price

Sell immediately at any price

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is leading the discussions with potential investors for Acacia?

The Tanzanian government

Barrick

Acacia

Newmont

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the company hesitant to lower the price of the Kalgoorlie asset?

It is not valuable

It is generating great cash flow

It is a core asset

There is no buyer interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company view its copper assets?

As core to the gold business

As non-valuable

As ready to be sold

As important and valuable

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's main focus according to its vision?

Reducing shareholder numbers

Generating free cash flow per share

Expanding production volume

Acquiring new assets

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the company's balance sheet changed since 2015?

It has remained the same

It has improved remarkably

It has worsened

It has slightly improved