Barrick Mining News

Case closed: Newmont Goldcorp becomes world’s No. 1 gold miner

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed in the S&P 500 Index.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.

How countries are getting tougher with mining companies

A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.

Barrick upbeat about new DRC president’s stance on mining, investment

The company said Felix Tshisekedi had confirmed his intention of working with miners to keep growing the Central African nation’s gold sector.

Newmont readies leadership team post-merger with Goldcorp

Newmont's $10-billion acquisition of Canada’s Goldcorp is expected to close in the second quarter of the year.

Newmont offers special dividend if Goldcorp takeover approved

The one-time special dividend, worth $470 million, will be given to Newmont's shareholders only if its friendly takeover of Canada’s Goldcorp is approved.

Barrick could close Golden Sunlight mine in May

The Montana, U.S.-based Sunlight mine has been approaching the end of its operational life in recent years and its remaining gold reserves are nearly depleted.

Chile’s Supreme Court revokes ruling permanently closing Barrick’s Pascua-Lama

Decision doesn't determine the final faith of the long-delayed and polemic project, as the case has been sent back to the Environmental Court for review by a different panel of judges, a process that could last several months.

Barrick gives up plans to acquire Newmont, will form Nevada JV instead

Under the deal, Barrick will take a 61.5% stake in the joint venture consisting of the duo’s Nevada mines, with Newmont holding the remainder.

'Dance partner' hunt heats up in gold, fueled by megamerger push

The megamerger mania now underway for Newmont Mining Corp., Barrick Gold Corp. and Goldcorp Inc. could force mid-tier companies to team up in order to successfully compete.

Newmont calls Nevada joint venture talks with Barrick 'productive'

Barrick Chief Executive Mark Bristow and Newmont CEO Gary Goldberg met for dinner on Tuesday night in New York.

Barrick open to discuss joint venture in Nevada with Newmont

Chief executive Mark Bristow will discuss a potential JV with rival Newmont only if his company runs the operation.

Newmont rejects $18B hostile bid by Barrick, releases private messages

The US mining giant also fired back with a deal that seeks merging operations in the state of Nevada.

Newmont says going ahead with deal to buy Goldcorp

Newmont rejects Barrick buyout offer, proposes Nevada tie-up.

Barrick, Newmont step up game to sway top investors

Barrick forecasts over $7 billion in pre-tax savings over 20 years, based on net present value — $4.7 billion of which will come from Nevada.

Barrick-Newmont merger would leave up to $7B of assets up for grabs

The portfolio would include their Kalgoorlie super pit 50/50 joint-venture in Western Australia, as well as other regional assets such as Porgera, Tanami and Boddington mines.

Newmont fires back at "unqualified" Barrick team's "shocking" record

And Newmont CEO Gary Goldberg has the slides to prove it.

It’s happening — Barrick makes hostile $17.8 billion bid for Newmont

If successful, the move will create the world’s largest gold company with a value of around $42 billion at current market prices.

Canada's gold production to grow robustly in 2019 — Report

Analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2%.

Barrick on Newmont merger: "No decision at this time"

The Canadian gold giant confirmed it has reviewed the opportunity to merge with the US miner in an all-share deal.

Barrick still committed to Chile, despite Pascua-Lama setback

Chief executive officer Mark Bristow, who is in the South American nation to review the company’s regional strategy, said Barrick’s assets in Chile were an important part of its global portfolio.

Canadian regulator clears Newmont’s $10B merger with Goldcorp

The companies announced their planned all-share tie-up in January, just two weeks after the Barrick-Randgold merger was finalized.

Gold-stock mega-mergers bad

Combining major gold miners already struggling with slowing production doesn’t solve the problem, but only masks it for a single year.

Barrick Gold faces challenges to develop Latin America mines

Seven weeks into the job, Barrick Gold Corp.’s new boss has already discovered, first hand, the challenges of developing and mining giant deposits in Latin America.