Barrick President Says They'll Be Patient With Deals

The transcript discusses Barrack's strategic focus on improving margins and cash flow rather than increasing production. It highlights strong shareholder support for this approach, despite a rising bulk price environment. The company has several internal projects to stabilize production and is exploring partnerships for future development. While not aggressively pursuing acquisitions, Barrack remains open to opportunities that align with its cost structure. The decision on selling its stake in Kalgoorlie is ongoing, with discussions continuing with interested parties.

What is Barrack's primary focus for growth according to the first section?

• Reducing operational costs

• Expanding into new markets

• Improving margins and cash flow

• Increasing production

Which project is Barrack currently evaluating for potential development?

• Nova Gold

• Pascal Llama

• Donlin Gold

• Kalgoorlie

What is Barrack's approach to finding new acquisitions?

• Focusing on high-risk ventures

• Patient and strategic

• Aggressively seeking opportunities

• Prioritizing immediate expansion

Under what condition would Barrack consider a corporate acquisition?

• If it aligns with their cost structure

• If it adds significant production

• If it involves a high-profile partner

• If it requires minimal investment

What is Barrack's stance on selling their stake in Kalgoorlie?

• They will sell if the price is right

• They are looking for multiple buyers

• They are not considering selling

• They have already sold their stake