Barrick Gold Corporation (NYSE:GOLD) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET

Company Participants

Mark Bristow - President and Chief Executive Officer
Graham Shuttleworth - Senior Executive Vice-President, Chief Financial Officer
Simon Jimenez - Chief Advisor, Strategy & Human Rights
John Steele - Metallurgy, Engineering and Capital Projects Executive
Simon Bottoms - Mineral Resource Management and Evaluation Executive

Conference Call Participants

Daniel Major - UBS
Alan Spence - BNP Paribas
Lawson Winder - Bank of America Securities
Anita Soni - CIBC World Markets
Tanya Jakusconek - Scotiabank

Operator

Ladies and gentlemen, thank you for standing by. This is the event operator. Welcome to Barrick's Results Presentation for the Third Quarter of 2024. Following today's presentation, a question-and-answer session will be conducted. [Operator Instructions] We will also be taking questions from those in the room. As a reminder, this event is being recorded and a replay will be available on Barrick’s website later today, November 7, 2024.

I would now like to turn you over to Mark Bristow, President and CEO of Barrick. Please go ahead, sir.

Mark Bristow

Thank you, very much, and good morning, and good afternoon, ladies and gentlemen. And in particular, a very warm effort to join us in person here in London today. As the gold price continues to be driven up to record highs, it's prudent to reflect on the cyclical nature of markets, and the fact that mining in particular is a long game.

Barrick's continuing investment in its future and its ability to uncover and unlock the value opportunities embedded in its global asset portfolio has positioned us ideally both to capitalize on the current market fundamentals as well as to continue to thrive throughout the future cycles, which are inevitable.

I will also reinforce how we are building a business that will grow profitably without the need for mergers or acquisitions. and therefore, which has the luxury of us looking at external opportunities for the few that may meet our strict value investment criteria. This is the customary cautionary notice regarding forward-looking information, and for those who want to study it further, it is available on our website.

As I'm sure you'll all appreciate, 2024 has been a challenging year in many ways, but we nevertheless continue to make good progress across all fronts as the results for Q3 show. As you can see, the performance arrows point in the right direction, and we believe a foundation has been laid for a strong Q4, which should enable us to end the year within our group gold and copper production guidance range, albeit at the lower end of that range.