Barrick Gold Surges to 341st in Trading Volume with $256 Million Day

Generated by AI AgentAinvest Market Brief
Tuesday, May 20, 2025 8:08 pm ET1min read

On May 20, 2025,

(B) saw a significant increase in trading volume, reaching $256 million, a 30.25% rise from the previous day. This surge placed in the 341st position in terms of trading volume for the day. The stock price of Barrick also rose by 2.58%, marking the second consecutive day of gains and a total increase of 4.71% over the past two days.

Barrick Gold Corporation has introduced a new site-level Sustainable Development Goal (SDG) performance framework, setting a benchmark for transparent and community-focused sustainability practices. This initiative aligns with the United Nations' 2030 Sustainable Development Goals, emphasizing the importance of driving real progress and building long-term value beyond mineral extraction.

Barrick has also set Scope 3 emissions reduction targets as part of its responsible energy transition program. The company aims to cut Scope 1 and 2 emissions by 30% by 2030 while maintaining a steady production profile, with a goal of achieving net-zero emissions by 2050. This holistic approach to sustainability management underscores Barrick's commitment to environmental stewardship and long-term value creation.

In addition to its environmental initiatives, Barrick is focusing on water stewardship, integrating water management throughout its mine planning to safeguard shared water sources and optimize resource use. The company's sustainability efforts are not only aimed at meeting regulatory requirements but also at driving economic growth and contributing to the broader goals of sustainable development.

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