NEW YORK, Aug. 1, 2011 /PRNewswire/ -- Barrick Gold (NYSE: ABX: $48) has been picked by Standard & Poor's Equity Research as its Focus Stock of the Week. ABX carries S&P's highest investment recommendation of 5-STARS, or Strong Buy. "We view shares of Barrick Gold as a compelling investment vehicle to seek to benefit from a continued bull market in gold," said Leo Larkin, Metals & Mining Equity Analyst at Standard & Poor's Equity Research. "Barrick is currently in the process of implementing plans to expand its annual gold production to 9 million ounces by 2015 from 2010's 7.8 million ounces. The company has built seven mines in the last five years." Larkin thinks the sell-off that greeted the company's announced plans in April 2011 to acquire Equinox Minerals Limited for $7.6 billion in cash has created a potential opportunity to buy the shares at a very attractive price. He observes that the completion of the Equinox acquisition in July doubles its copper reserves. "While the acquisition will result in Barrick being less of a pure investment in gold in the future, we think the negative impact on its valuation has been exaggerated," said Mr. Larkin. To view a video of Mr. Larkin discussing ABX, paste the following link into your browser. http://link.delvenetworks.com/media/?mediaId=78df77c99ced40bfa866105b6e97eddc&width=480&height=411&playerForm=DelvePlayer&autoplay=trueAbout Standard & Poor's Equity Research Services As one of the world's largest producers of independent equity research, Standard & Poor's licenses its research to global institutions for their investors and advisors. Standard & Poor's team of experienced U.S., European and Asian equity analysts use a fundamental, bottom-up approach to assess a global universe of equities across industries worldwide. Follow Standard & Poor's equity analysts' U.S. market commentary each day at http://www.equityresearch.standardandpoors.com/. Standard & Poor's keeps certain activities of its business units separate from each other in order to preserve the independence and objectivity of their respective activities. As a result, certain business units of Standard & Poor's may have information that is not available to other Standard & Poor's business units. Standard & Poor's has established policies and procedures to maintain the confidentiality of certain non-public information received in connection with each analytical process. Standard & Poor's does not trade for its own account. The analytical and ethical conduct of Standard & Poor's equity analysts is governed by the firm's Research Objectivity Policy, a copy of which may be found at www.standardandpoors.com. For more information contact:Marc Eiger, Communications, Tel.: firstname.lastname@example.org All information provided by Standard & Poor's is impersonal and not tailored to the needs of any person, entity or group of persons. Past performance is no indication of future results. Standard & Poor's and its affiliates provide a wide range of services to, or relating to, many organizations, including issuers of securities, investment advisers, broker-dealers, investment banks, other financial institutions and financial intermediaries, and accordingly may receive fees or other economic benefits from those organizations, including organizations whose securities or services they may recommend, rate, include in model portfolios, evaluate or otherwise address.