Last month, Barrick Gold Corp. ABX-T reiterated full-year 2022 production guidance of between 4.2 to 4.6 million ounces of gold and 420 to 470 million pounds of copper. Meanwhile, over the past month, 13 insiders spent just over net $8.6-million acquiring shares in the public market, all under company incentive plans. Chairman John Thornton, who holds over 2.5 million shares, has made it a priority to instill a shareholder ownership culture at Barrick. That ownership commitment helped Barrick secure a spot in the November INK top 20 mining report.
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Ted Dixon is chief executive of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.
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Ted Dixon