Barrick CEO Says Don't Expect More Production Growth for Now

Barrick CEO Says Don't Expect More Production Growth for Now

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Mark Bristow, CEO of Barrick, discusses the long-term nature of the mining business amidst short-term market fluctuations, including the impact of Fed policies on gold prices. He addresses cost pressures, efficiency strategies, and the importance of maintaining quality assets. Bristow highlights the challenges of production growth, market demands, and the need for investment. He also emphasizes the importance of balancing investor returns with social responsibilities and managing government relations. The discussion concludes with insights into COVID-19 management and workforce dynamics.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of efficiency gains in the context of rising input costs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the mining industry changed in response to market demands?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to manage COVID-19 in mining operations?

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