Barrick Gold CEO Expects Prices to Settle at a New Base

Mark Guy, CEO of Barrick Gold, discusses the company's focus on both gold and copper mining, emphasizing the importance of maintaining relevance in the resource space. He explains the financial strategies in place, including a 10-year plan based on a $1200 gold price, and highlights the need for discipline in investment. Mark also addresses shareholder expectations and the company's goal to be the most valued mining company globally, ensuring value throughout economic cycles.

What are the expectations regarding the gold price based on the current economic situation?

What strategy does the speaker mention regarding the allocation of capital in their business?

What is the speaker's perspective on the importance of shareholder value?