The world’s largest gold company said there might be more job losses in the coming months.
Besides receiving the highest possible fine under Chilean law, Barrick construction work has been halted.
Construction on the Chilean side of the troubled gold and silver project has been halted since April 10.
Construction activities in the Argentine side of the project won't be affected by today’s resolution.
Co-chairman John L. Thornton seems to be the chosen successor.
Construction work at Pascua Lama halted once again. Dominican authorities pressing for a “more favourable” contract in Pueblo Viejo.
The hefty impairment charge reflects higher-than-anticipated operating and sustaining capital costs at Lumwana.
Local authorities are reviewing the contract with Barrick in a bid to make it “more favourable” to the country.
Recent avalanches affecting several points along a water channel in the area of Barrick's Pascua Lama project have not affected water quality, says the gold miner.
After only five months of kicking-off operations at the Dominican Republic’s Pueblo Viejo gold deposit, one of the largest in the world, Barrick and Goldcorp said the mine has achieved commercial production.
BHP obtained 144 exploration permits in the South American country in 2012
When it comes to its $8.5 billion Pascua Lama project, 2012 was not a great year for Canada’s Barrick Gold.
Canada’s Barrick Gold (NYSE, TSX: ABX) will invest about $2 billion in Argentina next year mainly to advance construction at its massive Pascua-Lama gold-silver project, straddling the border with Chile.
What do former CEOs Cynthia Carroll, Aaron Regent, Marcelo Awad and Diego Hernández have in common?
Cost burdens continue to upset Barrick Gold Corp. (NYSE, TSX: ABX), as the globe's top gold miner hiked Thursday its cash cost guidance for 2012 and warned that costs at its massive Pascua-Lama project will be almost three times more than the $3 billion announced in 2009.
A Chilean appeals court has accepted a request for an injunction against Canada’s Barrick Gold (NYSE, TSX: ABX) and its Pascua Lama project, filed by a group of northern natives in conjunction with the local government’s environmental evaluation committee.
Golden Sunlight Mine near Whitehall is owned by Barrick Gold Corp. of Canada.
Dushnisky, who joined the company in 2002, retains global responsibility for Government Relations, Project Permitting and Approvals, Corporate Responsibility, Investor Relations and Communications.
Per a report from Veritas Investment Research in Toronto, Barrick Gold Corporation (ABX) is exploring the possibility of acquiring Kinross Gold Corporation (KGC), Canada's third-largest gold miner.
Capital spending by the largest gold producers is increasing at a faster pace than earnings for a second straight year as the industry’s biggest mining projects are beset by delays and surging labour costs.
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