The increased polarity and hardening of political stances in the U.S. — combined with the flip last election to Democratic Party control of the U.S. House of Representatives, and its committees — is bearing fruit that’s potentially poisonous to miners in the form of highly restrictive legislation proposed by Rep.
News ID: 4909 Publish Date : 2019/06/25
Acacia Mining (LON:ACA) laid down Monday a long list of reasons why it disagrees with majority shareholder Barrick Gold’s (TSX:ABX)(NYSE:GOLD) stance on a proposed takeover of the company, but noted an offer at a “fair” price would be attractive.
News ID: 4907 Publish Date : 2019/06/25
Fidelity International, one of the largest shareholders in Acacia Mining, said on Friday Barrick Gold's low bid to buy the Acacia shares it does not already own showed a lack of judgment and it was a "no brainer" to reject it.
News ID: 4724 Publish Date : 2019/06/02
Barrick Gold’s (TSX:ABX)(NYSE:GOLD) chief executive, Mark Bristow, said the company’s bid for its 64%-owned Acacia Mining (LON:ACA) is an “appropriate” and “elegant” solution to the long-running row over outstanding tax claims that has hit the African miner’s bottom-line.
News ID: 4648 Publish Date : 2019/05/27
Barrick Gold Corp. could find itself partially liable for $600 million in additional debt, if some Newmont Mining Corp. bondholders have their way.
News ID: 4322 Publish Date : 2019/04/11
Barrick Gold Corp. boosted Executive Chairman John Thornton’s total compensation last year 67 percent to $12.9 million, rewarding the former investment banker for the company’s performance and his role in the merger with Randgold Resources Ltd.
News ID: 4259 Publish Date : 2019/04/08
Canada’s Barrick Gold (TSX:ABX) (NYSE:GOLD) could close its Golden Sunlight mine in Montana as soon as May, unless the company finds a way to keep the 44-year-old and nearly depleted operation in business.
News ID: 4124 Publish Date : 2019/03/22
A lucrative retirement package for the chairman of Goldcorp Inc. is raising the hackles of investors ahead of a key vote on the company’s planned merger with Newmont Mining Corp.
News ID: 4040 Publish Date : 2019/03/15
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) has officially dropped its hostile takeover offer for U.S. rival Newmont Mining (NYSE:NEM) in favour of a friendly deal to create a joint-venture that will combine the two companies’ assets in Nevada.
News ID: 3968 Publish Date : 2019/03/11
A push by the world’s biggest gold miners to get even bigger will likely have a knock-on effect among their competitors, adding new vigor to an industry that failed to inspire investor support in 2018.
News ID: 3903 Publish Date : 2019/03/08
Tanzania has given Barrick Gold-owned Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country’s No.1 gold producer said Friday a brief spill affecting the operation has already been halted.
News ID: 3900 Publish Date : 2019/03/08
Barrick Gold’s (TSX:ABX)(NYSE:GOLD) chief executive Mark Bristow said Monday he’s open to negotiate with rival Newmont about a deal to work together in Nevada, but only if his company runs the operations.
News ID: 3840 Publish Date : 2019/03/05
Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold’s (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of a deal to merge their operations in Nevada, U.S.
News ID: 3835 Publish Date : 2019/03/04
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that are merger of the companies is the best, or the worst, option for them.
News ID: 3781 Publish Date : 2019/02/28
Gold miner Newmont Mining Corp beat analysts' estimates for quarterly profit on Thursday, boosted by higher gold production in its Colorado and Ghana mines and lower costs.
News ID: 3699 Publish Date : 2019/02/22
After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.
News ID: 3553 Publish Date : 2019/02/04
After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.
News ID: 3553 Publish Date : 2019/02/04
China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo’s operation.
News ID: 3313 Publish Date : 2019/01/18
Mark Bristow’s tenure as boss of the world’s biggest gold miner might have been short-lived, but his message for smaller rivals just got even more pointed.
News ID: 3267 Publish Date : 2019/01/15
Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country’s administration, received a fresh blow on Thursday from the country’s government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.
News ID: 3228 Publish Date : 2019/01/11
