Barrick Gold Mining News

Zambia's finance minister says new mining taxes will not hit operations

Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes.

Tanzania anti-corruption body charges Acacia subsidiaries with tax evasion, money laundering

The news comes barely a week after the company said another worker had been released on bail after being charged with corruption.

Chile environmental court orders Barrick to close Pascua-Lama gold mine

The operation was put on hold in 2013 due to environmental issues, political opposition, labor unrest and development costs that ballooned to $8.5 billion.

Barrick maintains forecasts ahead of Randgold vote

Shareholders of Barrick and Randgold will vote on Nov. 5 on an all-stock transaction that will create a company with operations in Africa, Australia, North and South America, Saudi Arabia and Papua New Guinea.

Filing of management information circular for merger with Randgold

Barrick Gold Corporation announced today that it has filed its management information circular and related voting materials in connection with a special meeting of shareholders to be held on November 5, 2018.

Canadian M&A surges in Q3 as mining, real estate deals rebound

Quarterly deal volume was up 91% to $75.7 billion from $39.6 billion in the same period last year, bucking a global trend of declines in Europe and Asia.

Randgold's hook-up with Barrick to leave large void in London market

Randgold becomes second major miner to announce departure from London.

Barrick Executive Chairman increases shareholding in company to 5m Shares

Thornton has purchased 2,271,029 additional common shares in Barrick at an average price of $11.11 per share, nearly doubling his total shareholding.

Congo-owned Sokimo may hinder transfer of Kibali mine to Barrick

The state miner warned it would "assert its rights" in Barrick Gold's acquisition of Rangold's stake in the Kibali mine, but did not provide details of its plans.

Barrick's Bristow bet seen as boosting South America revival

Barrick’s South America team “will be focused not only on bringing to account and dealing with the challenges around Pascua-Lama and Veladero,’’ but also on expanding assets and partnerships in Peru, Bristow said.

Newmont's CEO rejects talk of bids for Barrick, Randgold

Chief Executive Officer Gary Goldberg said while not interested in the entire companies, he would interested in buying Barrick’s half of their shared Kalgoorlie mine in Australia, which Newmont operates.

Barrick needs Randgold to make the grade

Few gold mines can operate profitably below 1 gram a ton which is equivalent to extracting two teaspoons of gold from a Statue of Liberty’s worth of ore.

Barrick silences its biggest critic by buying out Randgold

Randgold's founder Mark Bristow has been a thorn in the side of Barrick Gold Corp. Now he’s its closest partner.

Barrick to buy Randgold for $18.3B forming giant global gold miner

The new Barrick, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be the world's top bullion producer by both value and output.

Barrick to eliminate innovation role under decentralization

Chief Innovation Officer role on the chopping block.

Acacia Mining searches for chairman as Dushnisky leaves for AngloGold

Kelvin Dushnisky, who leaves Acacia and its parent company Barrick, assumes as South Africa’s AngloGold Ashanti (JSE:ANG) new boss next week.

Here’s how much global equity funds are allocating to gold stocks

(FAANG) Facebook, Amazon, Apple, Netflix, and Google vs (BANNG) Barrick Gold, Agnico Eagle, Newmont Mining, Newcrest Mining, and Goldcorp.

Barrick shares bounce on final permits for giant Alaska gold mine

Rough day for world's top gold mining company ends on high note.

Barrick ‘was almost dead’: Thornton pulls no punches on gold miner’s missteps

Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that’s not tier 1 or deemed to be “strategic.”

Barrick says copper operation in Saudi Arabia not affected by diplomatic dispute

The Canadian miner said it has a strong relationship with partner Ma’aden.

Barrick Gold makes China investor push as markets slump

Barrick Gold Corp will make a bigger push to attract institutional investors in China under a new deeper-ties pact with Shandong Gold, aimed at bolstering its shareholder base, executives told Reuters.

Barrick Gold reports Q2 loss of US$94 million

Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.

Barrick’s Dushnisky quits, becomes AngloGold new CEO

Dushnisky will join AngloGold in September, ending the search to replace Srinivasan Venkatakrishnan, who left the world’s third-biggest gold miner in April to run India’s Vedanta.

Alaskans asked for feedback on one of the world’s largest gold projects

The public is being asked to review and provide feedback on Donlin’s reclamation and closure plans.

Acacia boss is getting frustrated waiting for Barrick Solution

It’s been a year since Acacia Mining Plc’s majority shareholder started talks on its behalf to end a standoff with the Tanzanian government.