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 factors does Barrack consider before pursuing an acquisition opportunity?

What is the current status of discussions regarding the sale of half of Kalgoorlie?