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Key stakeholders of Barrick Gold - Coggle Diagram
Key stakeholders of Barrick Gold
Operational Commitments
Barrick Gold is dedicated to providing its investors and stockholders with financial targets, transparent reporting, and dividend payments.
Barrick Gold may invest in research and development for innovative mining technologies and processes, which would involve operational commitments for resources and personnel.
It's crucial to remember that Barrick Gold's precise operational commitments may vary over time in response to shifting market dynamics, corporate tactics, and industry norms.
Importance
Workforce and Creation of Jobs
Economic Repercussions
Responsibility for the environment and society.
Participation in Local Communities
Prospects for Investing
Driving force
The chance to discover and extract valuable metals like copper and gold drives Barrick Gold.
Barrick Gold's motivation can potentially stem from growth and expansion strategies.
Barrick Gold's operations are mostly driven by the market's need for gold and other precious metals, which is impacted by variables like geopolitical stability, currency changes, and economic conditions.
Barrick Gold is driven to uphold a favorable rapport with its shareholders and investors.
This motivation stems from the desire to be a good neighbour as well as ethical reasons.
Changing market conditions have an impact on Barrick Gold's motivation.
Barrick Gold is driven to provide opportunities for professional and personal growth, foster an inclusive and safe work environment, and engage its staff.
Requirements
To direct its expansion and advancement, Barrick Gold needs a well-defined and progressive strategic strategy.
Global markets are necessary for Barrick Gold to be able to sell the precious metals it has extracted.
To run its mining operations safely and effectively, Barrick Gold needs a team that is both skilled and diversified, consisting of geologists, engineers, miners, environmental specialists, and other professionals.
Essential External Connection
Fundamental to Barrick Gold are its ties with its shareholders and investors.
Conservation and Environmental Organizations
Barrick Gold is a participant in the mining sector and could be a member of several groups and alliances.