Passing of Gustavo Cisneros

It is with great sadness that the Board of Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) informs you of the passing of Gustavo Cisneros on December 29, 2023.

Mr. Cisneros was an independent member of the Board from 2003, chairing its Environment, Social and Governance and Nomination Committee and serving as a member of the Compensation Committee. He was also a member of Barrick's International Advisory Board, which advises the Board on geopolitical and other strategic issues.

Announcing this, Barrick Executive Chairman John Thornton paid tribute to Mr. Cisneros as a business leader of international stature who had built his family-owned Cisneros into a worldwide media, entertainment, telecommunications and consumer products group. He also held board and leadership positions at a wide range of major corporations and institutions.

"Gustavo was an irreplaceable source of wisdom, judgment and insight for decades. He had an uncanny ability to get right to the core of the matter, to see around corners and to give sound, practical, forward leaning advice when one most needed it. His generous and entrepreneurial spirit and his personal and professional integrity will be missed by all of us. Our deepest sympathies, thoughts and prayers are with his wife, Patricia Phelps de Cisneros, his children, Carolina, Guillermo and Adriana, and their families with whom the entire Barrick family shares this heartbreaking loss," said John Thornton.

Enquiries
Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: barrick@dpapr.com

Website: www.barrick.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

ABX:CA
The Conversation (0)
Ronald-Peter Stoeferle, gold bars.

Ronald-Peter Stoeferle: Gold Price Hasn't Topped, on Track for US$8,900

Ronald-Peter Stoeferle of Incrementum shares takeaways from the latest "In Gold We Trust" report, emphasizing that gold is currently in a bull market consolidation phase.Overall he believes the yellow metal is in the midst of a "golden decade" that will ultimately take it to his price target of... Keep Reading...
China flag waving against a clear blue sky.

Chinese Regulator Delays Zijin Gold’s US$4 Billion Allied Gold Takeover

Beijing’s National Development and Reform Commission (NDRC) has delayed regulatory approval for Zijin Gold International's (HKEX:2259,OTCPL:ZJNGF) US$4 billion acquisition of Allied Gold (TSX:AAUC,NYSE:AAUC), questioning the transaction premium and the political risks of the target's mining... Keep Reading...
Gold bars and financial graphs. Text reads: "Weekly Editor's Picks."

Editor's Picks: Gold, Silver Face Bumpy Week as Prices Drop, Then Rebound

It was a bumpy week for the gold price, which dropped to the US$4,370 per ounce level midway through the period before rebounding back above US$4,500.Silver put on a similar performance, bottoming out at US$72 per ounce.Both precious metals were reacting to a complex array of dynamics, including... Keep Reading...
A gold Krugerrand coin sits atop a pile of silver coins with musical instrument engravings.

Precious Metals News: Gold, Silver and PGM Price Floors Hold Up Against Headwinds

The precious metals complex is proving resilient in the face of intensifying macroeconomic headwinds and ongoing uncertainty over the direction of the conflict in the Middle East. Prices for gold, silver, platinum and palladium fell below key psychological levels this week on the back of hawkish... Keep Reading...
Dr. Stephen Leeb, gold bars.

Stephen Leeb: Gold Price to US$18,000? Here's How it Can Happen

Dr. Stephen Leeb of Leeb Capital Management shares his outlook for gold, explaining how the yellow metal could get to US$18,000 per ounce. "Gold's high point might not ever really be defined, because I think at the end of this period that we're in, you're going to find gold at the center of the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News