Barrick Gold Forecasts Strong Organic Growth by 2030 Amid Undervaluation
Wednesday, 18 September 2024, 03:53
Focus on Gold Growth
Barrick Gold (NYSE: GOLD) is set to experience strong organic growth by 2030, with a prediction of a 30% increase in gold-equivalent ounces. CEO Bristow stresses the significance of focusing on quality mines to achieve this goal.
Expansion into Copper
Alongside its gold initiatives, Barrick is expanding its portfolio into copper, which is expected to enhance its market position.
- Projected Growth: 30% increase in gold-equivalent ounces.
- Quality Mining Focus: Prioritizing quality over quantity.
- Expanding interests into copper markets.
Strategic Vision
The strategic vision of Barrick Gold lays the groundwork for long-term success in both gold and copper sectors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.