February 19, 2015 / 3:33 PM / in 3 years

BRIEF-Barrick comments from conference call

Feb 19 (Reuters) - Barrick Gold Corp : * Executive chair thornton says "our thesis is that when companies falter, it

is usually because they have forgotten their original dna" * Gold's thornton says "our focus is gold and we have no plans to add to our

existing copper position" * Says encouraged by talks with zambian gov't regarding lumwana asset, but no

definitive solution yet * Says has agreed to work expeditiously to arrive at a mutually acceptable

outcome that would allow lumwana to remain in operation * Says if no resolution is reached the mine will be mothballed by June this

year * Says its debt reduction plan will be funded via free cash flow, asset sales,

possible jvs; co has no equity issuance plans for now

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below