In the aftermath of the joint venture agreement with Newmont Mining Corp. earlier this week, Barrick Gold Corp. has taken steps to revise its production guidance for 2019. Executive chairman John Thornton and CEO Mark Bristow are currently travelling to update shareholders on the company's post JV operations.
News ID: 4041 Publish Date : 2019/03/15
Whether it was a premeditated move by CEO Mark Bristow to launch Barrick’s hostile bid only a couple of hours before Newmont’s outgoing boss Gary Goldberg was scheduled to speak to a select group of investors isn’t clear.
News ID: 3751 Publish Date : 2019/02/26
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second-largest bullion producer, is going hostile in its bid to acquire U.S. rival Newmont Mining (NYSE:NEM) and create a mega-gold corporation with a $17.8 billion all-share offer.
News ID: 3743 Publish Date : 2019/02/25
The new President and CEO of Barrick Gold (NYSE:GOLD)(TSX:ABX), Mark Bristow, said the company wants to strengthen its partnership with the government and local communities of Papua New Guinea where the Porgera gold deposit is located.
News ID: 3678 Publish Date : 2019/02/20
US gold giant Newmont Mining (NYSE:NEM) took a page out of Barrick’s book by announcing that is buying Canada’s Goldcorp (TSX:G) (NYSE:GG) in a $10 billion-deal that would create the world’s largest producer by output, challenging Barrick’s recently cemented supremacy.
News ID: 3269 Publish Date : 2019/01/15
Gold miners are expected to remain committed to cutting costs and capping expenditures in 2019, a new report by Fitch Solutions reveals.
News ID: 3244 Publish Date : 2019/01/14
Globally, there were 1,349 announced mining deals valued at $86.3 billion through December 18 this year, up 60% from the 2017 total, according to data compiled by Bloomberg.
News ID: 3072 Publish Date : 2018/12/25