Welcome to our dedicated page for Gold.com news (Ticker: GOLD), a resource for investors and traders seeking the latest updates and insights on Gold.com stock.
Gold.com, Inc. (NYSE: GOLD) features prominently in news related to precious metals, numismatics, and alternative assets. As a fully integrated platform serving consumers, collectors, and institutional clients, the company regularly issues updates on acquisitions, strategic investments, brand developments, and notable auctions conducted through its marketplace brands.
News about Gold.com often covers corporate milestones such as its rebrand from A‑Mark Precious Metals to Gold.com and the transition of its common stock listing to the New York Stock Exchange under the ticker symbol GOLD. Coverage also includes announcements about events like ringing the NYSE Opening Bell in connection with its new listing and brand identity.
Investors and collectors following GOLD news can expect updates on transactions and partnerships, including the closing of the acquisition of Monex Deposit Company and related entities, and additional equity investments in Atkinsons Bullion & Coins, a United Kingdom‑based online retailer of precious metals, bullion, and coins. These items illustrate how Gold.com expands its direct-to-consumer footprint and enhances its alternative assets platform.
Another recurring theme in Gold.com news involves numismatic and collectibles activity through Stack’s Bowers Galleries and other brands. For example, the company has highlighted a landmark auction of special Lincoln pennies, including a 24‑karat gold penny and coins bearing an “Ω” privy mark, conducted on behalf of the United States Mint.
By monitoring this page, readers can review company-issued press releases and market updates that reflect Gold.com’s role in precious metals trading, direct-to-consumer sales, secured lending, and logistics and storage related to alternative assets.
On March 3, 2021, Barrick Gold expressed deep sorrow over the passing of Vernon Jordan, a key civil rights leader and member of its International Advisory Board for over 20 years. Jordan played a significant role in discussions impacting the company's future and its socio-political engagement worldwide. Barrick's Chairman, Brian Mulroney, highlighted Jordan's brilliance, humor, and sound judgment, noting that he will be remembered for his valuable contributions to the board and as a loyal friend.
Barrick Gold Corporation (NYSE:GOLD) announced its annual reserve and resource declaration for 2020, reporting a 76% replacement of mineral reserves despite a slight 2% year-on-year reduction. Attributable gold reserves total 68 million ounces at an average grade of 1.66g/t. The total gold resources are estimated at 160 million ounces, with a further 43 million ounces inferred. Additionally, copper reserves stand at 13 billion pounds. The company emphasizes improved geological understanding and resource management post-Randgold merger, with plans to enhance resource conversion potential over time.
Barrick Gold Corporation (NYSE:GOLD) announced it met its 2020 production targets, driven by strong operational management amid the pandemic. Key highlights include a net earnings per share of $1.31, with adjusted earnings up 125% compared to 2019. The company achieved zero net debt and upgraded its credit rating. Barrick declared a quarterly dividend of $0.09 per share and proposed a $750 million return of capital to shareholders. Significant progress was made on major projects, including the Pueblo Viejo expansion and the Gounkoto underground mine development, alongside a commitment to environmental, social, and governance (ESG) initiatives.
Barrick Gold Corporation (NYSE:GOLD) announced a proposed capital return of approximately $0.42 per share, set for discussion at the Annual Meeting on May 4, 2021. This distribution arises from proceeds of prior divestitures, totaling around $750 million, to be paid in three tranches in May, August, and November 2021. Additionally, a $0.09 dividend for Q4 2020 has been declared, payable on March 15, 2021. The company emphasizes its commitment to returning surplus funds to shareholders, with dividends having tripled since the Randgold merger.
Barrick Gold Corporation (NYSE:GOLD) has announced the sale of its 100% interest in the Lagunas Norte mine in Peru to Boroo Pte Ltd for a total value of up to $81 million. This includes an upfront payment of $20 million and additional payments contingent on gold prices. Boroo will also assume $226 million in closure liabilities. The transaction aligns with Barrick's strategy of divesting non-core assets, having previously realized $1.5 billion from similar actions. The deal is subject to closing conditions, and Barrick will maintain a presence in Peru for exploration efforts.
Barrick Gold's Loulo-Gounkoto mine in Mali produced 680,215 ounces of gold in 2020, surpassing its full-year guidance despite Covid-19 challenges. Safety performance improved significantly, with a 50% reduction in Lost Time Injury Frequency Rate and achieving a Lost Time Injury Free year underground. Major technological advancements include a 20MW solar power plant and ongoing exploration activities increasing gold reserves. The complex contributed $7.7 billion to Mali’s economy over 24 years, highlighting its significant economic impact.
Barrick Gold's Tongon mine in Côte d’Ivoire produced 284,863 ounces of gold in 2020, meeting its guidance. The mine achieved a record plant throughput of 95.2% and implemented cost-reduction measures. Despite challenges, including a mill fire and socio-political instability, Tongon paid a $150 million dividend to shareholders and contributed $1.2 million to Covid-19 efforts. The mine boasts the best safety record in Barrick's group and has invested $105 million locally, significantly impacting the Ivorian economy since its inception.
Barrick Gold reports strong operational performance at the North Mara and Bulyanhulu gold mines for 2020, achieving a combined output of 462,472 ounces. Under Barrick's management, North Mara has improved its production profile, while Bulyanhulu resumed underground ore processing. The company invested $800 million in Tanzania's economy, employing over 600 new workers at Bulyanhulu. Barrick aims to position these mines as Tier One assets by optimizing costs and has established community development initiatives to enhance local relations.
Barrick Gold Corporation (NYSE:GOLD) reported preliminary results for 2020, achieving gold production of 4.8 million ounces, within the guidance range of 4.6-5.0 million ounces. Copper production reached 457 million pounds, also within guidance. Q4 results featured 1.19 million ounces of gold sales and average gold prices at $1,874 per ounce. Costs for Q4 are expected to remain consistent, with gold all-in sustaining costs projected to be 3-5% lower than Q3 2020. Detailed results will be provided on February 18, 2021.
Barrick Gold Corporation announced the upcoming release of its Q4 and full year 2020 results on February 18, 2021. The preliminary production, sales, and cost information will be available on January 14, 2021. A virtual presentation led by President and CEO Mark Bristow will occur on the results release day at 11:00 EST. Investors can participate in an interactive webinar and a conference call linked to the presentation. The webinar materials will be accessible on Barrick’s website for later viewing.