Not much has gone right for Barrick Gold Corp. ( TSX:ABX )(NYSE:ABX) in the past couple of years. A poorly timed acquisition, a botched mega-project, and falling gold prices have left the company with US$13 billion in debt, along with a severely reduced stock price. To get itself out of this mess, Barrick has made its intentions very clear. Capital discipline is the number one priority, meaning the company will be much more careful with its money than in years past. Barrick also hopes to reduce its debt load by US$3 billion. So, we should expect to see some serious cutbacks. But could that lead to other problems? A cutback in Nevada As part of Barrick's renewed discipline, it is planning to spend over half its capital budget in Nevada, an area of high familiarity for the company. But even Nevada has not been spared from the budget cuts. On Friday Barrick pulled out of an agreement to develop the Gold Ridge property.