Barrick Gold Corp. / ABX (NYSE, TSX)

Alles was den Namen Gold hat oder damit zu tun hat wird gerade verprügelt, ohne Sinn und Verstand... Nicht nur Barrick.
Da müssen wir wahrscheinlich noch ein Weilchen durch.
Auch ein POG von 1350$ ist sogar im Bereich des Möglichen, zumindest aber das Corona -Tief!
Erst muss die Fed anfangen "weicher" zu werden und bei der ersten Zinssenkung bzw Ankündigung werden Gold und Produzent wieder Gen Norden laufen.
Augen zu und durch

katastrofe kann ich nur sagen...jeden Tag rot rot rot. Das die Minen nicht liefen, war mir klar, aber das sie da dastehen wo jetzt, hätte ich nie geträumt.

Über sieben Brücken musst du gehen...

Zitat von luckytom

Hat irgend jemand eine Erklärung warum Barrick seit einigen Tagen so stark einbricht? Wurde der Wert nicht so sehr gelobt, wegen dem erzielten Gewinn und den guten Aussichten? Ist das wirklich nur Panik? Von Gewinnmitnahmen kann man jetzt wohl kaum noch sprechen, bei einem momentanen Kurs von unter 15 Dollar!!! (Time: 16:15).

Barrick hat noch zu viel Speck auf den Rippen ! Hat noch keine Kurshalbierung geschafft, wie viele andere :

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also 13,35 EU bis zum Herbst-Tief ? Dann guter Kauf-Kandidat !

[Blockierte Grafik: https://static.seekingalpha.com/uploads/2022/10/5/1069318-16649952268996224_origin.png]

Ein Stückweit weniger Einnahmen wegen schwachem POG-Q3-Durschnitt bei steigenden Produktionskosten. So wird es noch bei etlichen weiteren Produzenten aussehen, wenn sie die nächsten Tage und Wochen ihre Zahlen zum abgelaufenen Quartal präsentieren. Leider kommt bei ABR auch noch eine schwache Produktion in Q3 dazu. Was dennoch für die Aktie spricht sind die niedrige Bewertung, eine satte Dividende von mittlerweile 5.5-6% und eine voraussichtlich stark steigende Produktion im letzten Quartal des Jahres mit mindestens 1.182 Mio. Uz, will man wie heute verlautet das untere Ende der Planzahlen erreichen. Bestenfalls (mit etwas Glück) mit baldigst wieder steigendem POG und niedrigeren AISC. Dass ABR auf diesem Niveau eine VK-Position ist, sehe ich nicht. Ich halte meine Position und baue sie aus, sobald sich der POG wieder fängt...

Barrick Targets Further Growth in Tanzania

https://s25.q4cdn.com/32281491…er_Growth_in_Tanzania.pdf

https://s25.q4cdn.com/32281491…nia_Q3-2022_Media_Day.pdf

North Mara, Tanzania – With its North Mara and Bulyanhulu gold mines set to achieve a combined production in excess of 500,000 ounces¹ for the second year running, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is looking to expand its East African footprint from this base.

Frage mich in Anbetracht der massiven Abverkäufe mancher Seniorproduzenten-Aktie nach der Vermeldung der Q3-Zahlen, was die Anleger eigentlich in der heutigen Zeit ausufernder Inflation bei das gesamte Quartal über schwachen Goldnotierungen erwartet haben. Als wenn man bei einer ABR all das heute Vermeldete während der letzten Wochen und Monate nicht schon genug vorweg eingepreist hätte...

Der Minenaktienmarkt ist seit 12 Jahren ein einziges Debakel...

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Barrick Gold: Basing Pattern With Rising Momentum (Technical Analysis)

https://seekingalpha.com/artic…tern-with-rising-momentum
Summary

• Barrick Gold's weak chart pattern since March appears to be reversing higher in November.
• Overly pessimistic futures positioning in gold, and tightness in physical supply indicated by spiking lease rates argue the bullish case for a better 2023 in precious metals.
• A sound valuation and high dividend yield may bring the right foundation for an extended Barrick share price advance above $30 by 2024.

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Pakistan closer to letting Barrick Gold proceed with $7bn project

https://www.mining.com/pakista…-7bn-copper-gold-project/

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Pakistan’s Supreme Court endorsed on Friday a settlement between the country’s government and Barrick Gold (NYSE: GOLD) (TSX: ABX), which allows the Canadian miner to resume work at its Reko Diq copper and gold project.

The favourable court decision is vital to securing parliamentary support for the $7 billion project, which is the final approval Barrick would need to kick off construction at Reko Diq.

The project, which hosts one of the world’s largest undeveloped copper-gold deposits, has been on hold since 2011 due to a dispute over the legality of its licensing process...

Moody’s Upgrades Barrick to A3 with Stable Outlook
https://ceo.ca/@globenewswire/…to-a3-with-stable-outlook
TORONTO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that Moody’s Investors Service (“Moody’s”) has upgraded the senior unsecured ratings of Barrick and all rated subsidiaries to A3 from Baa1, with a stable outlook.

In a news release announcing the upgrade, Moody’s noted that Barrick’s liquidity is excellent, which provides significant flexibility to maneuver through gold price volatility.

Since August 2015, when Barrick’s long-term corporate debt rating was last downgraded by Moody’s, Barrick’s credit rating has been upgraded to Baa2 from Baa3 in March 2018 and to Baa1 from Baa2 in October 2020.

Senior executive vice-president and chief financial officer Graham Shuttleworth said: “This upgrade is reflective of the continued progress that Barrick has made in strengthening our balance sheet and managing our capital structure. These improvements to our credit standing have been made alongside record returns to shareholders in 2021 and 2022, highlighting the strong overall performance of our business.”

Reko Diq project: Federal Cabinet okays payments for Chilean firm
https://arynews.tv/reko-diq-pr…ayments-for-chilean-firm/

ISLAMABAD: Following the endorsement of the multi-billion dollars Reko Diq project deal by the Supreme Court of Pakistan, the federal cabinet on Tuesday approved the clearance of liabilities of Chilean firm Antofagasta, ARY News reported, quoting sources.
According to details, the federal cabinet approved an important decision related to Reko Diq project, allowing the authorities to clear liabilities of Chilean firm Antofagasta.
Sources told ARY News that the cabinet gave emergency approval through circulation. A total of more than $22.7 million of interest will be allowed to clear the liabilities, sources added.

Sources added that the Finance Ministry has been directed to arrange the interest payable for Balochistan’s share. The finance ministry would arrange more than $8.5 dollars, sources added.
Govt Holdings Pvt Limited (GHPL) have already raised Rs65 billion with government’s guarantee, sources added.
Earlier on December 11, the Economic Coordination Committee (ECC) of the cabinet approved a payment of more than $900 million to the Chilean firm Antofagasta over six years to exit the Reko Diq project.
The committee also green-lighted about $1.91bn shareholder financing by state-owned enterprises (SOEs) to take the gold and copper mining project forward.

Barrick Targets 2028 for First Production from Reko Diq

https://www.barrick.com/Englis…rom-reko-diq/default.aspx
Islamabad – Barrick president and chief executive Mark Bristow has advised the Pakistan federal and Balochistan provincial government that, following the completion of the legal processes and definitive transaction agreements last month, the company plans to finish the Reko Diq feasibility study update by the end of 2024, with 2028 targeted for first production from the giant copper-gold mine in the country’s Balochistan province.
Reko Diq will be operated by Barrick, which owns 50% of the project, with Balochistan holding 25% and three Pakistani state-owned enterprises sharing the remaining 25%. The shareholding structure is in line with Barrick’s policy of benefit-sharing partnerships with its host countries.

Barrick Broadens Copper Base in Saudi Arabia
https://www.barrick.com/Englis…saudi-arabia/default.aspx

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https://seekingalpha.com/artic…ats-how-high-will-this-go

Focus on Tier One Assets Delivers Significant Increase in Resources and Reserves, Underpinning Industry-Leading Production Profile Growth

https://www.barrick.com/Englis…ofile-growth/default.aspx
Toronto – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) grew attributable proven and probable gold mineral reserves by 6.7 million ounces net of depletion in 2022, while maintaining grade despite an increase in the reserve price assumption. Reported at $1,300/oz¹, attributable proven and probable mineral reserves now stand at 76 million ounces² at 1.67g/t, increasing from 69 million ounces³ at 1.71g/t reported at $1,200/oz¹ in 2021. Led by Pueblo Viejo and the Africa & Middle East region, Barrick has now delivered a second consecutive year of gold reserve growth over and above annual depletion, with nearly 12 million ounces² of attributable proven and probable reserve gains in 2022 before depletion...