Barrick Gold
Interestingly, New South Wales, Australia-based company Platinum Investment Management has invested in another element, gold—that is, Barrick Gold, a mining brand whose list of investors includes Berkshire Hathaway CEO Warren Buffett. The nonagenarian had put a significant amount on the brand in 2020 for over 20 million shares.
In the third quarter, Platinum has increased its stocks to 2.7 million. In February 2021, Barrick Gold reportedly had other earnings beat for the sixth time despite the pandemic. The Toronto-based company said its shares increased, and to accomplish this feat, it decreased costs and increased output.
