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
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
Barrick Gold Corp has laid off more than half of its staff at the company's Toronto head office, while its long serving director Anthony Munk is stepping down, the Globe and Mail reported on Friday.
News ID: 3036 Publish Date : 2018/12/22
The Turquoise Ridge underground mine is seen by the new Barrick as one of the assets with "high potential" to become Tier 1. Barrick is the operator and 75% owner of the Nevada-based mine. Newmont Mining owns the remaining 25%. (Image courtesy of Barrick Gold .)
News ID: 2834 Publish Date : 2018/12/07
Mining and metals investors were piling into the sector's big names on Wednesday as gold jumped, base metals prices surged and iron ore continued to rally on optimism about global demand for raw materials ahead of a holiday week in top consumer China.
News ID: 1941 Publish Date : 2018/02/15