Remove 2011 Remove Passive Investors Remove Shareholders
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Barrick Gold (GOLD) Q4 2024 Earnings Call Transcript

The Motley Fool

When Barrick acquired the mine in 2011, it was unprofitable and resulted in a $5 billion write-down. And that's one of our key focuses is that we're not passive investors. And it's delivered enormous returns to its shareholders. But without a doubt, Fourmile has real value and to all our shareholders in Nevada gold mines.

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Author Lawrence McDonald Chats With "Motley Fool Money"

The Motley Fool

There's been a lot of different sectors, has been a capital retention management style where companies are holding capital and a lot of their building up cash and they want to return that cash to shareholders. We've been too much so and I think over the last 10 years, too much show on the buyback programs.

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