Barrick: Becoming Debt-Free Within a Decade Is in Reach

The video discusses the company's financial strategy, focusing on reducing total debt to 5 billion in the near and medium term, which is dependent on gold prices. The medium-term goal is achievable within three years if gold prices remain favorable. The long-term objective is to eliminate corporate debt, aiming for a strong investment-grade status, while maintaining some project debt for capital efficiency.

What is the target amount for total debt reduction mentioned in the text?

How does the gold price affect the company's ability to pay down debt?

What timeframe is suggested for achieving the target debt reduction if gold prices remain stable?

What has been the company's historical standing in terms of balance sheet ratings?

What is the company's long-term objective regarding corporate debt?