Barrick Gold's Dushnisky: Gold Is Favorable Near Term

Kelvin Dish Nikki, president of Barrick Gold Corporation, discusses the recent cyanide solution leak at Veladero mine in Argentina and the subsequent government suspension. Despite the leak being smaller than last year's, the provincial government decided to suspend operations. Barrick Gold is working on remediation and hopes to resume production soon. The company is also focused on debt reduction and potential acquisitions, aiming to enhance shareholder value. The discussion also touches on the impact of Federal Reserve decisions on gold prices, with market speculation causing volatility.

What incident occurred at the Veladero mine last year?

What measures are being taken to address the recent leak at the mine?

How does the current mining regime under President Macri compare to previous administrations?

What is Barrick Gold Corporation's strategy regarding potential acquisitions?

What factors are influencing gold prices according to the interview?