Barrick overhauls global exploration department as several stalwart executives retire in midst of downturn

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Mark Bristow recently replaced almost the entire exploration team at Barrick. ‘Exploration is like R&D. You have to reinvent it regularly,’ he says

has overhauled its global exploration department, as several stalwart executives retire from the world’s second biggest mining company in the midst of a difficult time for the industry.

“It’s a core part of our business. Exploration is like R&D. You have to reinvent it regularly,” he said. Rod Quick, an executive responsible for mineral resource management and exploration, who worked alongside alongside with Mr. Bristow for 27 years, is also leaving, and will be replaced by his colleague, Simon Bottoms. “Rod feels he needs to take some time off,” said Mr. Bristow. “He’s given me 120 per cent.”

 

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