Barrick is fortunate to have a large portfolio of greenfield exploration partnerships that have the potential to enhance our project pipeline as we seek to grow free cash flow per share over the long term. Advancing these partnerships requires a consistently high level of discipline and rigor in order to meet our strict economic, technical and risk criteria at each stage of evaluation and development.
In support of this effort, we are pleased to announce the appointment of Grigore Simon as Senior Vice President, Exploration Partnerships. Simon will join our Exploration leadership team and will be responsible for developing and enhancing our global exploration partnerships. Consistent with our decentralized operating model, he will also participate in setting exploration strategy, prioritizing and selecting global exploration targets, and mine site exploration (MINEX) governance.
“It is with great pleasure that I join one of the most entrepreneurial and distinctive companies in the mining industry where I feel my style, experience, skills and ideas will complement our successful exploration team, as well as contribute to the ongoing, value-driven transformational change in the company,” said Simon.
Simon is a seasoned exploration leader with 35 years of international experience in mining, oil and gas. He joins Barrick from Newmont Mining Corporation where he was most recently Senior Vice President, Exploration. Before joining Newmont, Simon worked with Shell International Exploration and Production as well as Homestake Mining, Caribgold Resources and Santa Fe Pacific Gold.
Simon has a Ph.D in Economic Geology from the University of Michigan, a joint MBA from the University of Rochester and the University of Nyenrode. He also holds a Masters in Geology from the University of Michigan as well as a Masters in Engineering, Geology and Geophysics from the University of Bucharest.