Barrick Gold Corporation
NYSE : ABX
LSE : BGD
TSX : ABX

Barrick Gold Corporation

December 07, 2006 08:51 ET

Barrick Concludes Offer for NovaGold

TORONTO, ONTARIO--(CCNMatthews - Dec. 7, 2006) - Barrick Gold Corporation (NYSE:ABX)(TSX:ABX)(LSE:BGD) announced today that it has concluded its offer to acquire common shares of NovaGold Resources Inc. Pursuant to its offer, Barrick has acquired an aggregate of approximately 13.6 million common shares of NovaGold, representing approximately 14.8 percent of the outstanding shares, making Barrick the single largest shareholder of NovaGold.

"Barrick will continue its disciplined approach to acquisitions and other business opportunities," said Greg Wilkins, President and Chief Executive Officer.

Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.

Contact Information

  • Barrick Gold Corporation
    Vincent Borg
    Senior Vice President, Corporate Communications
    (416) 307-7477
    (416) 861-1509 (FAX)
    Email: vborg@barrick.com