https://www.miningweekly.com
Gold|Mining
Gold|Mining
gold|mining

Thornton sold 50% of his stake in Barrick

Barrick executive chairperson John Thornton

Barrick executive chairperson John Thornton

2nd April 2020

By: Creamer Media Reporter

     

Font size: - +

Barrick executive chairperson John Thornton has halved his shareholding in the Toronto- and New York-listed gold major, owing to “personal portfolio considerations”.

The company on Wednesday confirmed that Thornton had sold 2 632 153 shares in the company during the permitted open period following the publication of its 2019 year-end results.

Thornton sold Barrick shares that he purchased using his personal funds which were not subject to holding restrictions.

Barrick stated that Thornton confirmed that he would continue to retain and seek to build on what remained a meaningful equity stake in the gold mining company.

Thornton now holds 2 642 127 shares in Barrick.

The major closed at C$26.88 a share on Wednesday – nearly 4% up on the previous day.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.109 0.151s - 91pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: