Feb 29 (Reuters) - Barrick Gold Corp ABX.TO :
* Says it is applying "rigorous analysis" to capital allocation - president
Kelvin Dushnisky at mining conference
* Says in 2016, plans to reduce total debt by further $2 billion
* Says in 2016, plans to generate free cash flow at a gold price of $1,000 per
ounce
* Sees 2017 capital expenditures of $1.50 billion to $1.75 billion
* Sees 2018 capital expenditures of $1.60 billion to $1.85 billion
* Further company coverage ABX.TO