Barrick Gold Corporation

Barrick Gold Corporation

Sector: Gold Ores Region: Canada

: | Toronto Stock Exchange: ABX | New York Stock Exchange: ABX

Barrick Gold Corporation is the world's largest gold producer and has 23 operating mines located across five continents.

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Jamie Sokalsky, Barrick 2013 Annual Shareholders Meeting

Barrick Gold Corporation video

Jamie Sokalsky, Barrick 2013 Annual Shareholders Meeting

Barrick Gold Corporation video

Barrick Pueblo Viejo - Water and environmental rehabilitation

Barrick Gold Corporation video

Barrick's Golden Sunlight mine and the environment

Barrick Gold Corporation video

Barrick Gold Nevada - Remarkable People

Barrick Gold Corporation video

Who We Are


Peter Munk is the Founder and Chairman of the Board of Barrick Gold Corporation. A well-known Canadian business leader and philanthropist, Mr. Munk has built several enterprises that have achieved outstanding performances.

Starting in 1983, Mr. Munk and his management team have developed Barrick into one of the world's most successful gold producers. Peter Munk's business strengths are evident in Barrick's sound financial management, entrepreneurial character and solid balance sheet.

Mr. Munk graduated in Electrical Engineering from the University of Toronto in 1952. Among numerous other public honors, he is a Companion of the Order of Canada, the country's highest honor for a private citizen.
Jamie C. Sokalsky was appointed President and Chief Executive Officer of Barrick Gold Corporation on June 5, 2012. He is also a member of the company’s Board of Directors.

Mr. Sokalsky was previously Barrick’s Chief Financial Officer, after rising through a series of progressively senior roles with the company over two decades.

Following his appointment as CEO, Mr. Sokalsky introduced a rigorous disciplined capital application framework based on the central principle that returns will drive production, production will not drive returns. Under his leadership, Barrick is prioritizing shareholder value creation through a focus on maximizing free cash flow and risk-adjusted rates of return.

Since joining Barrick in 1993, when the company was a growing presence in North America, Mr. Sokalsky has played a central role in Barrick’s emergence as the gold industry leader, including the 2006 acquisition of Placer Dome. During his tenure as CFO, Mr. Sokalsky led the reduction of costs by over $1 billion in a decade, through the execution of a currency and commodity risk management program and other cost-mitigation strategies.

Mr. Sokalsky joined Barrick as Vice President and Treasurer, rising to Senior Vice President and Chief Financial Officer in 1999, and Executive Vice President and CFO in 2004, leading Treasury, Tax, Controllership and Financial Reporting, Internal Audit, Investor Relations and Information Technology.

Previously, Mr. Sokalsky was an executive at George Weston Limited for 10 years. He holds an Honors Bachelor of Commerce degree from Lakehead University and received his Chartered Accountant designation in 1982.
Kelvin Dushnisky assumed the position of Senior Executive Vice President in September 2012. He has global responsibility for the Government Relations, Permitting, Corporate Responsibility and Communications functions and from 2011 until its sale in 2013, oversight responsibility for Barrick Energy Inc., the company’s oil and gas business. In February 2013, Mr. Dushnisky was named Chairman of the Board of Directors of London-listed African Barrick Gold plc.

Having extensive international experience with project approvals, development agreements and public affairs, Mr. Dushnisky joined Barrick in April 2002 as Director, Regulatory Affairs, and was promoted to Vice President, Regulatory Affairs in January 2003, to Senior Vice President, Corporate Affairs in September 2005 to Executive Vice President, Corporate Affairs in November 2007, and to Executive Vice President, Corporate & Legal Affairs in June 2010.

Prior to Barrick, Mr. Dushnisky was a Managing Director at Altara Securities Inc. (now part of Manulife Financial). He also served as the Vice Chairman, General Counsel and a founding Director of EuroZinc Mining Corporation, a Vice President of Sutton Resources Ltd. (acquired by Barrick) and a Vice President of Rescan Consultants Inc. He has served on the boards of directors for a number of publicly listed companies.

Mr. Dushnisky holds a B.Sc. (Hon.) degree from the University of Manitoba and M.Sc. and J.D. degrees from the University of British Columbia. He is a member of the Law Society of British Columbia and the Canadian Bar Association and a Director of the Mining Association of Canada, the Institute of the Americas, the Canadian Council of the Americas and the Canadian Chamber of Commerce, among others. Together with CEO, Jamie Sokalsky, Mr. Dushnisky represents Barrick at the World Gold Council and the International Council on Mining and Metals (ICMM). Recently he served on the National Advisory Council for a series of roundtables evaluating Canada’s role in emerging markets.
Jim Gowans, a seasoned mining operator with four decades of global industry experience, was appointed Executive Vice President and Chief Operating Officer of Barrick in January 2014.

Mr. Gowans was most recently Managing Director of Debswana, a joint venture between the Government of Botswana and De Beers SA. Previously, he was Chief Operating Officer of DeBeers SA, and Chief Executive Officer of DeBeers Canada. Mr. Gowans also has significant experience in the gold sector, having worked for eight years at Placer Dome, culminating in his role as Executive Vice President, Canadian Operations. He also held senior operating positions at PT Inco, where he was Senior Vice President and Chief Operating Officer, and at Cominco (now Teck Resources Ltd), where he held the positions of Operations Manager for Potash Operations and General Manager of the Red Dog zinc mine.

Mr. Gowans is a professional engineer with a Bachelor of Applied Science in Mineral Engineering from the University of British Columbia.
Ammar Al-Joundi was appointed Executive Vice President and Chief Financial Officer effective as of July 10, 2012. Mr. Al-Joundi has more than 20 years of experience in corporate finance and banking within the mining industry, with extensive expertise in capital markets, business strategy, financial controls and mine operations.

Mr. Al-Joundi spent 11 years at Barrick, and was a key member of the company's finance team, prior to joining Agnico-Eagle Mines Limited as Senior Vice President, Finance and Chief Financial Officer in September 2010. While at Barrick, Mr. Al-Joundi served as Senior Vice President of Business Strategy and Capital Allocation, Senior Vice President, Finance and Vice President and Treasurer. His experience at Barrick also included two years as Chief Financial Officer of the company's South American business unit. Prior to joining Barrick in 1999, Mr. Al-Joundi spent eight years as an investment banker at Citibank Canada.

Mr. Al-Joundi holds an undergraduate degree in Mechanical Engineering from the University of Toronto and an MBA from the Ivey School of Business at the University of Western Ontario. He is also a Professional Engineer.
Sybil Veenman was appointed Senior Vice President and General Counsel in June 2010. She had been Senior Vice President, Assistant General Counsel and Secretary since Sept. 2008.

She joined Barrick in 1994, and has played a key role in the Legal function worldwide, leading or supporting Barrick’s various financings, business transactions and regulatory compliance initiatives. She has been instrumental in developing and implementing Barrick’s Code of Business Conduct and Ethics and related policies across the company.

Previously, she was with Lac Minerals Ltd., and was in private practice for seven years with the law firm of Fasken Campbell Godfrey where she specialized in Securities and Mergers and Acquisitions. She is a graduate of the University of Toronto Faculty of Law, and was called to the Bar of Ontario in 1989.
Rob Krcmarov is Senior Vice President, Global Exploration, with responsibility for Barrick’s exploration activities worldwide. With more than 20 years of experience in geology and exploration, he leads a team of 130 geoscientists exploring in more than 12 countries. He also works closely with the Corporate Development Group to assess assets and help the company replace and grow reserves and resources.

Early in his career, he worked extensively in Australia, Chile and Peru with Homestake Mining, which was acquired by Barrick in 2001. At that time, he was appointed Barrick’s General Manager Exploration for Australia, and subsequently took on responsibility for exploration in Africa and Asia before becoming Vice President Global Exploration in 2005.

He holds a Bachelor of Science (Honors) degree from the University of Adelaide and a Master’s degree in Economic Geology from the University of Tasmania. He is a Fellow of the Society of Economic Geologists and a member of the Board of Trustees for the Society of Economic Geologists Foundation. He is also an active member of several major professional associations, including the Australian Institute of Mining and Metallurgy, and the Prospectors and Developers Association of Canada (PDAC).
Rick McCreary was appointed Senior Vice President, Corporate Development of Barrick Gold Corporation, effective April 26, 2011. He has overall responsibility for Barrick's global Corporate Development activities, including Corporate Development, Evaluations and Special Projects.

Before joining Barrick, he worked in mining investment banking for over fourteen years culminating as Head of CIBC World Markets’ Global Mining investment banking group. During his tenure at CIBC, Mr. McCreary advised companies involved in some of the world’s largest mining transactions, including Placer Dome, Goldcorp, Kinross, Falconbridge, Rio Tinto, and BHP Billiton. In advance of his work experience in mining investment banking, he worked in the Noranda/Falconbridge organization for eight years in various areas, including metals marketing, geophysics, geological engineering and technology development.

Mr. McCreary holds an M.B.A. in Finance and Strategy from McGill University, and a M.Sc. and B.Sc.Eng.Hons in Geological Engineering from Queen's University.
Ivan Mullany was appointed Senior Vice President, Capital Projects in August 2011. The global Capital Projects group, in partnership with the regional business units, is responsible for developing Barrick’s project pipeline on budget and on schedule in a safe and environmentally friendly manner.

Mr. Mullany has 30 years of experience in the mining industry, including leadership roles in large firms such as Iron Ore Company Canada (Rio Tinto) and Emperor Mines Limited. He has worked around the globe, including stints in Australia, Fiji, France and Canada.

He joined Barrick in 2004 as Manager, Metallurgy and Process Development, and served as the metallurgical lead for annual Life-of-Mine planning, the Placer Dome acquisition, and the Pueblo Viejo feasibility study. In 2008, he became Senior Director Metallurgy and Process Development, and was promoted to Vice President in 2009. Since 2009, he has led the Operations Support group, coordinating the technical specialists and global standards needed to help operations reach a high level of performance.

He is a Fellow of the Australian Institute of Mining and Metallurgy (MAusIMM) and a member of the Canadian Institute of Mining and Metallurgy (CIMM). He is a graduate of the Extractive Metallurgy program at Murdoch University, and has undertaken graduate diploma studies in Mining as well as Applied Finance and Investment.
Darian Rich joined Barrick in 2012 and was appointed Senior Vice President, Human Resources, effective August 26, 2013. He has responsibility for all aspects of global human resources.

Mr. Rich has more than 25 years of diversified experience in human resources management. He was previously Vice President, Human Resources, for Albemarle Corporation, and held several positions in the U.S. and Asia during his 12 years with The Coca-Cola Company. Prior to that he held senior roles with Magma Copper and General Motors Corporation.

Mr. Rich is a graduate of the Labor and Human Relations program at Ohio State University and earned a Master of Science degree in Administration from Central Michigan University. He holds several professional certifications, including Certified Compensation Professional, Certified Benefit Professional and Global Remuneration Professional from the American Compensation Association.

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