Barrick Gold Corporation Mining News

Barrick's Pascua Lama workers drop strike

Had workers on strike, they would have affected the construction a the water management system, which is the main condition imposed by Chilean authorities to allow Barrick restart work at the mine.

Barrick’s Peter Munk’s birthday not the happiest one

One of Canada’s most important entrepreneurs, Barrick Gold’s founder and chairman Peter Munk is turning 86 today, at a time of major challenges for his company and the industry.

Barrick has had enough: stops construction of Pascua-Lama, mulls stake sale

Delivering its Q3 results, the debt-laden gold miner said it is temporarily suspending all construction activity at its $8.5 billion Pascua-Lama project.

Barrick’s height of hard luck: huge lake appears at one of its biggest Aussie mines

The miner faces extra-costs caused by unusual factors, such as venomous snakes, shellfish traps and submerged fence posts by its Lake Cowal gold mine in Australia.

For Barrick, when it rains it pours: Chilean workers vote to strike

Pascua Lama's union to vote whether to accept Barrick's wage offer this week.

Chile’s Supreme Court lets Barrick keep permit, but upholds freeze on Pascua Lama

Ruling leaves the door open for new lawsuits against the Toronto-based miner.

Barrick admits violations in Pascua Lama, vows to make ‘things right’

Company lawyer asks Chilean court to ratify its July verdict, when it officially halted all operations in the project.

Chile's ex-president Bachelet considers mining law changes

The South American nation is home to 30% of the world's known copper reserves.

Barrick backs Pascua-Lama despite $5bn charge

Miner did not rule out the possibility of partnering with another company or a government to help finance the project.

Barrick keeps hurting: about $13 billion written off this year and a $8.6bn loss

In the wake of lower prices for gold and copper.

Barrick to face fresh legal challenges on Pascua Lama

Chilean indigenous group that has led the legal battle against Barrick wants the Supreme Court to order a new environmental impact assessment study.

Chile’s court launches probe on why Barrick’s Pascua-Lama fine was reduced

It was cut down from $16 million to $12 million.

Chile imposes $16 million in fines to Barrick for environmental violations at Pascua-Lama

Besides receiving the highest possible fine under Chilean law, Barrick construction work has been halted.

Chile rejects Barrick’s appeal to resume work at Pascua Lama

Construction on the Chilean side of the troubled gold and silver project has been halted since April 10.

Chilean court halts Barrick’s contentious Pascua-Lama project

Construction activities in the Argentine side of the project won't be affected by today’s resolution.

African Barrick Gold tumbles on failed deal with Chinese

Stock loses a fifth of its value on Tuesday.

Barrick's gold mine in Montana applies for expansion

Golden Sunlight Mine near Whitehall is owned by Barrick Gold Corp. of Canada.

Local residents blockade roads to Barrick's Pierina mine in Peru

Local residents continue to blockade the roads into and out of the Pierina mine in Peru's Huaraz Province in support of demands for water rights. The mine is operated by Barrick Misquilchilca, a subsidiary of Barrick Gold.

Finance minister: Zambia to set up $120 million copper transport line

Zambian Finance Minister Alexander Chikwanda told reporters today that the government will invest USD 120 million to rehabilitate a railroad line between the largest producer of copper in Africa and South Africa.

Barrick achieves Dow Jones Sustainability World Index Ranking for fifth consecutive year

The DJSI World Index independently evaluates more than 2,500 global companies using rigorous sustainability criteria to identify the top ten percent of performers.

Barrick looking to extend mine life in Peru

Canadian mining company Barrick Gold Corp. (ABX, ABX.T) is hoping to extend the mine life at its Peru operations as it aims to increase reserves through exploration projects, said Darrell Wagner, the general manager of local subsidiary Minera Barrick Misquichilca SA.

Barrick makes investors day by hiking dividend 33%

Barrick Gold Corp. (TSX:ABX) increased its quarterly dividend by 33%, as the company announced Wednesday a 3% increase in its first-quarter profit.

Barrick Gold's Porgera mine resumes operations

Operations at Barrick's Porgera open pit gold mine, in Papua New Guinea, resumed this morning after the government decided to send troops to the site last week, under a troop call-out order from 2009 still in effect.

Barrick Announces Pricing of $2.0 Billion Offering of Debt Securities

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick") announced today the pricing of $2.0 billion in debt securities comprised of: $1.25 billion of 3.85% notes due 2022 and $750 million of 5.25% notes due 2042. The offering is expected to close on or about April 3, 2012.

Barrick, Goldcorp holding breath as Canadian court poised to decide El Morro ownership

The two largest gold companies are bracing for a Canadian court's decision on who owns the massive El Morro copper-gold deposit in Chile.