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Mark Bristow, CEO of Barrick Gold, discusses with David Lin, anchor for Kitco News, why our current environment may be similar to that of 2008’s, when gold initially lagged and then spiked three years later.
Bristow comments on second quarter financial results and provides guidance for next year’s production, as well as long-term plans to grow the copper line of the business to meet the demands of the electrification of the economy.
0:00 – Gold price cycles
3:36 – Stock markets vs miners
5:53 – Gold’s next moves
8:33 – Barrick Gold Q2 results
17:51 – Expansion of copper assets
20:24 – M&A and “organic growth”
24:00 – Risk of nationalization
27:00 – Advice for young people
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