IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Barrick Gold Corporation (“Barrick” or the “Company”) (NYSE: ABX) concerning possible violations of federal securities laws.
If you purchased shares of Barrick and want more information, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.
The investigation focuses on whether Barrick and certain of its officers and/or directors violated federal securities laws. On April 24, 2017, the Company revised its full year guidance, stating that full year gold production is now expected to be 5.3 - 5.6 million ounces, down from our previous range of 5.6 - 5.9 million ounces. Barrick attributed approximately two-thirds of the reduction to the planned sale of 50% percent of its Veladero mine. Barrick also revised Veladero guidance, projecting full-year production at Veladero of 630,000 - 730,000 ounces, compared to the Company’s previously-issued guidance of 770,000 - 830,000 ounces.
If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.
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