Barrick eyes 30% production boost, CEO says undervaluation offers investment opportunity

Canada-headquartered mining major Barrick has laid out a promising production forecast, with plans to increase gold-equivalent ounces from its existing assets by 30% by the end of this decade.

Addressing the Gold Forum Americas audience in Colorado Springs, on Tuesday, CEO Mark Bristow highlighted the strength of Barrick’s asset base, which positions it for future organic growth while keeping an eye on industry consolidation opportunities.