Porgera owner gets nod from S&P

PORGERA gold mine owner Barrick says that Standard and Poor’s Global Ratings has upgraded its long-term corporate credit rating to BBB+ from BBB, with a stable outlook. This follows a similar upgrade to Baa1 by Moody’s Investors Service in October 2020.

Porgera owner gets nod from S&P Porgera owner gets nod from S&P Porgera owner gets nod from S&P Porgera owner gets nod from S&P Porgera owner gets nod from S&P

Graham Shuttleworth

S&P noted that the upgrade reflected Barrick's financial flexibility, its favourable view of Barrick's operating efficiency and breadth, and their expectation that the company's credit profile