Home > Company Performance > Barrick Gold Corporation
Barrick has mining operations and projects in 15 countries, including Argentina, Australia, Canada, Chile, Côte d’Ivoire, Democratic Republic of Congo, Dominican Republic, Mali, Papua New Guinea, Peru, Saudi Arabia, Senegal, the United States and Zambia.
The Company’s shares trade on the New York Stock Exchange under the symbol GOLD, and on the Toronto Stock Exchange under the symbol ABX.
Our mission is to be the world’s most valued gold mining business by finding, developing, and owning the best assets, with the best people, to deliver sustainable returns for our owners and partners.
The Hemlo mining operation is located approximately 46 kilometres east of Marathon, Ontario, and has produced gold continuously since 1985. The operation includes an underground mine and open-pit mine complex with a processing facility. Several years ago, the Hemlo operation entered a new phase of its productive life with the purchase of adjacent lands, increasing the site’s mineable reserves. The site’s mine life is now extended until 2027 with the possibility of additional expansions.
Hemlo’s original TSM goal was to achieve and maintain a minimum ranking of a Level A within each Protocol. The site’s extended mine life provides new opportunities for further enhancements to Hemlo’s practices and operating standards. As a result, the site is now seeking higher rankings through continued diligence and the application of TSM, coupled with other international practices and standards.
Hemlo’s commitment to improve is further demonstrated by the site’s continued certification by independent third-party auditors under the ISO 145001 Certification for Health and Safety Management and the ISO 14001 Certification for Environmental Management. These certifications, together with TSM, reinforce Barrick’s commitment to the environment and continued sustainability. Barrick is committed to using the TSM results as an opportunity to identify and improve areas of management.
Facility | Crisis management and communications preparedness | Review | Training |
---|---|---|---|
Barrick Gold Corporation – Corporate | ✕ | ✕ | ✕ |
Hemlo – Williams Mine | ✔ | ✔ | ✔ |
Facility | PREVENTING FORCED LABOUR | PREVENTING CHILD LABOUR |
---|---|---|
Hemlo – Williams Mine | ✔ | ✔ |
Commitments and accountability | Planning and implementation | Training, behaviour and culture | Monitoring and reporting | Performance | |
---|---|---|---|---|---|
Hemlo – Williams Mine |
AAA
AA
A
B
C
Tailings management policy and commitment | Tailings management system | Assigned accountability and responsibility | Annual tailings management review | Operation, maintenance and surveillance (OMS) manual | |
---|---|---|---|---|---|
Hemlo – Williams Mine |
AAA
AA
A
B
C
Commitment, accountability and communications | Conservation planning and implementation | Reporting | |
---|---|---|---|
Hemlo – Williams Mine |
AAA
AA
A
B
C
Water governance | Operational water management | Watershed-scale planning | Water reporting and performance | |
---|---|---|---|---|
Hemlo – Williams Mine |
AAA
AA
A
B
C
Community of Interest Identification | Effective Community of Interest Engagement and Dialogue | Effective Indigenous Engagement and Dialogue | Community Impact and Benefit Management | Community of Interest Response Mechanism | |
---|---|---|---|---|---|
Hemlo – Williams Mine |
AAA
AA
A
B
C
Corporate Climate Change Management | Facility Climate Change Management | Facility Performance Targets and Reporting |
---|---|---|
Barrick Gold Corporation – Corporate | ||
Hemlo – Williams Mine |
AAA
AA
A
B
C
International Initiatives | ||
---|---|---|
Industry Sustainability Initiatives | ICMM Sustainable Development Framework |
✔ |
WGC Conflict Free Gold Standard |
✔ | |
ISO 14001 - EMS Standard |
✔ | |
Management System Standards | OHSAS 18001 |
|
UN Global Compact |
✔ | |
International Voluntary Initiatives | Extractive Industries Transparency Initiative |
✔ |
Voluntary Principles on Security and Human Rights |
✔ | |
OECD Guidelines for Multinational Enterprises |
✔ | |
AA 1000 |
✔ | |
Reporting, Disclosure and Transparency Standards | Global Reporting Initiative |
✔ |
CDP |
||
Water Disclosure Project |
✔ | |
Carbon Pricing Leadership Coalition |
✔ | |
IFC Social and Environmental Performance Standards |
||
Financing Standards | Dow Jones Sustainability Index |
✔ |
Listed on Socially Responsible Investing Indices | Jantzi Social Index |
|
Responsible Jewellery |
||
Industry Sustainability Initiatives | International Cyanide Code |
✔ |
Kimberley Process |
Barrick Gold Corporation | 2016 | TSM Letter of Assurance
Barrick Gold Corporation | 2013 | TSM Letter of Assurance
Barrick Gold Corporation | 2010 | TSM Letter of Assurance
Barrick Gold Corporation | 2007 | TSM Letter of Assurance
Barrick Gold Corporation | Hemlo – Williams Mine | 2023 | Verification Summary Report
TSM Results 2023 (Externally Verified)
TSM Results 2019 (Externally Verified)
Mining Association of Canada
1100-275 Slater Street
Ottawa, ON K1P 5H9
613.233.9392 ext 316
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