Tag Archives: Barrick Gold

Cool, calm and calculated

In choosing David Garofalo as its new CEO last year, Goldcorp’s board decided its problems not only needed rapid change, but someone who could deliver it with discipline
By John Greenwood
March 2nd, 2017

David Garofalo isn’t the type to get easily excited. Just back from Davos, the annual schmooze-fest in the Alps for movers and shakers of the world, the chief executive of Vancouver-based Goldcorp Inc. (TSX:G) encountered a big change at the … Continue reading

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In vogue for 2016? Pay cuts

Their share prices have been falling for years. Now more mining boards, having signed off on cuts to everything else, are wondering if it’s time executive pay followed suit
By Paul Brent
March 4th, 2016

Mining companies are accustomed to working with long lead times: potential plays can take years to assess, mines can take a decade to develop and operate for decades more while commodity cycles rise and fall. This year, as those companies’ … Continue reading

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Pushing the envelope

Another annual meeting, another say-on-pay setback for the board of Barrick Gold. But this time, unlike 2013, it’s not the only big target for dissatisfied institutional funds
By Paul Brent
May 14th, 2015

For long-time shareholders of Barrick Gold Corp. (TSX:ABX), this spring’s annual meeting likely had a bizarre feeling of déjà vu to it. The question now is, how will the aftermath compare? Yes, company founder and chairman Peter Munk is one … Continue reading

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The elephant in the room

Mining veteran Rudi Fronk, CEO of Seabridge Gold, has hit the mother lode—the largest undeveloped gold-copper project in the world. Now comes the hard part: finding a major partner to buy him out
By Kerry Banks
October 30th, 2014

Rudi Fronk is back on the road. The smooth-talking 56-year-old CEO and chairman of Toronto-based Seabridge Gold Inc. (TSX:SEA) is in the midst of a month-long travel itinerary that will take him to various mining conferences and industry showcases in … Continue reading

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Barrick vote symbolic—and then some

The impact of its shareholders’ massive say-on-pay vote rejection of new co-chair John Thornton’s huge bonus deal doesn’t end with Barrick Gold. Boards across Canada will be feeling it, too
By Jim Middlemiss
June 18th, 2013

Every AGM and proxy season has its seminal, defining moment—the shot across the bow that sends a message not to just one board, one set of directors, one company, but to every board and every director in the land. This … Continue reading

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