Exploration and Investments

Our investment strategy is focused in the Americas and Asia-Pacific, reflecting our operational base and expertise.

In these two regions, we leverage our experience and identify opportunities that will sustainably grow our business, continue to deliver consistent results, and strengthen our financial position.

We are disciplined in our approach to investments, merger, and acquisition opportunities, and have strict criteria around due diligence, financial and other entry hurdles, and various potential risks.

Outside of our mining operations, we have several strategic investments that include active option and joint venture agreements – one in Australia, one in New Zealand, three in the United States of America, and one in Argentina. We also have important equity positions in two exploration companies: NuLegacy Gold Corp and Locrian Resources Inc. These investments represent longer-term growth opportunities for the company.

To see our latest Annual Resources and Reserves Statement, click here.

Strategic investments
Company Ownership as at 31 December 2019
NuLegacy Gold Corp. 16.2%
Locrian Resources Inc. 23.22%

 

Option/joint ventures
Company Projects
Bravada Gold Corp. Highland project, Nevada, United States of America
Renaissance Gold Inc. Spring Peak project, Nevada, United States of America
Rio de Oro S.A. Pedernales project, Catamarca, Argentina
Sandfire Resources Ltd. Sam’s Creek project, South Island, New Zealand
Newcrest Mining Limited/ Barrick Australia Limited Junction Reefs project, New South Wales, Australia

 

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