Barrick Gold founder Peter Munk dies at 90

By Kitco News / March 28, 2018 / www.kitco.com / Article Link

TORONTO Reuters) - Canadian mining magnate Peter Munk, who built Barrick Gold Corp from a single mine into the world's largest producer of gold, has died at the age of 90, the company said on Wednesday.

The blunt-spoken miner became renowned for his philanthropy, donating millions to healthcare and at universities in Toronto and Israel. Munk was invested as a Companion to the Order of Canada, the country's highest civilian honor, in 2008 for his

charitable work and business accomplishments,

Munk forged Barrick to dominate the gold mining industry via a string of acquisitions after founding Barrick in 1983.

He passed away in Toronto, surrounded by family, Barrick said in a statement.

($1 = 1.2912 Canadian dollars)

Reporting by Susan Taylor; Editing by James Dalgleish

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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