Barrick

Barrick Gold Corporation SWOT Analysis Extracted on: 25 Oct 2011 Publication construe: 02 Dec 2010 Robust project furrow Barrick has a balanced geo-political risk profile and a tuition strategy focused on generating value in highly prospective regions. Many of the companys projects are located near quick operations where they can improvement from infrastructure and synergies related to processing, personnel, and community of interests development programs. The company has a successful track read of tap development, having completed the formulation of the Tulawaka, Lagunas Norte, and Veladero taps in 2005; the Cowal mine in archaean 2006;, and the re-opening of the carmine knoll mine in early 2007. In 2007, the company announced that fortunate was poured at its newest mine, Ruby Hill in Nevada. It produced 154,000 ounces of gold at total bills costs of $195 per ounce in 2007. Construction cost at Ruby Hill was to a lower place its estimate. In additi on, Barrick announced that first gold was poured at its Buzwagi mine in Tanzania in May 2009. In 2009, Buzwagi produced approximately 189,000 ounces of gold. In drudgery, the mine became unmatched of the countrys largest mining operations. Buzwagi is the sixth Barrick project brought into production on time in the last six years.

Moreover, in attest 2010, Barrick acquired an additional 25% fill in the Cerro Casale regard in Chile from Kinross Gold Corporation (Kinross). The acquisition resulted in Barrick owning a 75% interest in the Cerro Casale Project and gaining regard of one of the worlds largest undevelop ed gold-copper deposits. Higher level of ! indebtedness could shoot an indecorous effect on the companys liquidity position and whitethorn halter its credibility in the market. Opportunities Agreement to acquire interest in the El Morro project Barrick is planning to increase its gold militia portfolio through acquisitions. In this context, in October 2009, the company entered into an agreement with Xstrata motherfucker Chile, a...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper