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Wednesday, July 16, 2014

Barrick does not plan to appoint new CEO, Chairman Thornton says, (NYSE: ABX), (TSE: ABX.TO)

Barrick Gold Corp has no plans to appoint a new chief executive, its chairman John Thornton said on Wednesday after the world's biggest gold producer announced that CEO Jamie Sokalsky would step down in September. Thornton told Reuters in an interview that the company would operate under a structure announced earlier on Wednesday, with two co-presidents.

Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. Shares of ABX traded higher by 2.18% or $0.4/share to $18.73. In the past year, the shares have traded as low as $15.26 and as high as $21.45. On average, 10078700 shares of ABX exchange hands on a given day and today's volume is recorded at 5427797.

Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. Shares of ABX traded higher by 2.28% or $0.45/share to $20.16. In the past year, the shares have traded as low as $16.19 and as high as $23.78. On average, 2485080 shares of ABX.TO exchange hands on a given day and today's volume is recorded at 1209426.



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