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Barrick CEO Expects Costs to Rise This Year From Pre-Merger Levels

Barrick CEO Expects Costs to Rise This Year From Pre-Merger Levels

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses Barrick's strategic agenda, focusing on combining top-tier gold assets with a strong management team. Emphasis is placed on team building, corporate culture, and cost management. Challenges in Africa, particularly with Acacia, are addressed, highlighting ongoing negotiations. Plans for asset divestment and potential acquisitions are also discussed, with a focus on maintaining organizational value.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the key focus mentioned for improving the team?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the management style at Barrick differ from other companies?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the plan for cash costs in 2019 according to the discussion?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the importance of geology in the long-term strategy for the company?

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are faced in Africa, particularly with the subsidiary Acacia?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the strategy regarding asset divestment mentioned in the text?

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OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

What approach is taken towards potential acquisitions of new assets?

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OFF

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