CIBC Investor's Edge
Transfer your investments to CIBC Investor's Edge and get rewarded with an offer of up to $3,000.
- ✓$6.95 flat-rate commissions
- ✓Backed by Big Five bank security
- ✓Transfer bonus offer up to $3,000
Mark Bristow – CEO of Barrick Gold Corporation (GOLD)
Mark Bristow has served as President and CEO of Barrick Gold Corporation since January 2019, following the company's merger with Randgold Resources, where he was the founding CEO. A geologist by training, Bristow is renowned for his hands-on leadership style and extensive field presence, often visiting mine sites across the globe. Under his stewardship, Barrick has emphasized operational excellence, sustainability, and strategic growth in both gold and copper production.
📊 The CEO of Barrick Gold Corp. makes approximately $17.18 million USD per year.
📊 Company Overview: Barrick Gold Corporation
| Detail | Info |
|---|---|
| Ticker | GOLD (NYSE), ABX (TSX) |
| Sector | Materials |
| Industry | Gold & Copper Mining |
| Market Cap | ~$29.5 B USD (as of early 2025) |
| Headquarters | Toronto, Ontario, Canada |
| Employees | ~26,800 (plus ~27,000 contractors) |
| Founded | 1983 |
| 2024 Revenue | $12.92 billion USD |
| 2024 Net Income | $3.09 billion USD |
| Key Operations | Mines in 13 countries across 5 continents |
Barrick Gold Corporation is one of the world's leading mining companies, with a diversified portfolio of gold and copper assets. The company operates across the Americas, Africa, the Middle East, and Asia, focusing on high-quality, long-life assets that deliver sustainable returns. Barrick's commitment to environmental stewardship, social responsibility, and strong governance underpins its global operations.
👤 CEO Profile: Mark Bristow
-
Nationality: South African
-
Education: BSc and PhD in Geology from the University of Natal
-
Career Highlights:
-
Founded Randgold Resources in 1995 and served as CEO until its merger with Barrick in 2018
-
Appointed President and CEO of Barrick Gold Corporation in January 2019
-
Known for pioneering sustainable mining practices and fostering strong community relations in Africa
-
Recognized for his field-oriented leadership, often spending significant time at mining sites worldwide
-
💰 CEO Compensation
| Component | Value (USD) |
|---|---|
| Base Salary | $1.8 million |
| Bonuses & Stock Awards | $15.38 million |
| Total Compensation | $17.18 million |
Note: Total compensation includes base salary, bonuses, stock awards, and other incentives.
🏆 Strategic Priorities Under Bristow
-
Asset Optimization: Enhancing operational efficiency across existing mines to maximize output and reduce costs.
-
Growth Projects: Advancing key projects like the Reko Diq copper-gold project in Pakistan and the Lumwana Super Pit Expansion in Zambia, aiming for substantial increases in copper production by 2028.
-
Sustainability Focus: Implementing robust environmental and social governance (ESG) frameworks to ensure responsible mining practices.
-
Stakeholder Engagement: Strengthening relationships with host governments and communities to secure social licenses to operate.
🧭 Notable Achievements
-
Financial Performance: In 2024, Barrick reported a 69% increase in net earnings to $2.14 billion and a 30% rise in EBITDA to $5.19 billion, marking its strongest performance in over a decade.
-
Reserve Replacement: Successfully replaced all gold and copper mined in 2024, adding 13 million ounces of gold and 7.3 million tonnes of copper to reserves, reinforcing the company's long-term production outlook.
-
Operational Excellence: Achieved significant improvements in safety metrics, including a 47% reduction in Lost Time Injury Frequency Rate (LTIFR) and a 20% reduction in Total Recordable Injury Rate (TRIR) compared to the previous year.
🔗 Key Links
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Stocks tool
Check Canadian stock movers
See the latest TSX and TSXV winners and losers before digging deeper into a sector.
Research hub
Browse Canadian stock research
Use the stock section to jump from a theme article into individual company pages.
Diversification
Compare stocks with ETF options
If you want exposure to a theme without single-stock risk, screen matching ETFs instead.
Advertisement
7 stocks to buy and hold forever
Proven winners for income investors — blue-chip dividend stocks to hold for decades.
Get the FREE Report
Qayyum Rajan, CFA
Qayyum is the CEO of Wealth Awesome, a leading Canadian personal finance publication. As a CFA charterholder with extensive experience in fintech, data science, and quantitative finance, he brings a unique analytical perspective to investing and wealth management.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.