The sales of Kalgoorlie and Barrick's 63% interest in Acacia would provide well in excess of $2 billion.
Latin America Mining News
Move will give the Vancouver miner 80% ownership of Zafranal Peru copper mine project
The innovation is expected to eliminate all greenhouse gases associated with the movement of ore and waste rock, equal to 5,000 tons of CO2 per year.
Energy and Minerals chief executive Alan Davies said he would take the mining giant to court over his dismissal, adding there were “no grounds” for his termination.
New survey of analysts calls into question post-Trump surge with consensus forecasts pointing to sharp decline by year-end and continuing weakness in 2017.
About 100 hooded protesters have seized parts of the copper mine, Anglo American's biggest operation in Chile.
Company is said to have found out about the emails referring to a questionable $10.5m payment to a consultant over the Guinea project more than a year ago, not 'just' in August, as it claimed.
But US gold mining industry will stagnate says BMI Research in new study.
Barrick and NOVAGOLD announce the appointment of Andy Cole as General Manager of the Donlin Gold Project in Alaska
Barrick Gold Corporation (Barrick) and NOVAGOLD RESOURCES INC. (NOVAGOLD), the owners of Donlin Gold LLC, are pleased to announce the appointment of Andy Cole as General Manager of the Donlin Gold project in Alaska.
Speculation is running and some of what is being said strikes at the heart of the culture and values of the company, chief executive officer Jean-Sébastien Jacques said in an internal memo.
Production costs in Chile, the world’s No. 1 copper producer, were 5.4% higher last year when compared to its global peers’ average.
Venezuela government given more time to come up with initial payment which has been halved to $300 million.
Exploration has been expanded to include a new, recently discovered target at the historic Varela Mine.
Police are on the scene to maintain order, the firm said, adding that efforts continue to resolve the situation peacefully through talks.
Output of the precious metal in the three months to Sep. 30 increased 20% to 3.1 million ounces — a new quarterly record.
Alan Davies suspended after miner found payments made to consultant in 2011, when he was in charge of the iron ore project.
Ecuador began last month granting licences for new exploration areas, with over 300 of them to be awarded by the year-end.
Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.
The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.
Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.
While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.
Latest data show Russia continuing to stock its gold vaults, although Venezuela's sales are denting overall official sector net purchases in 2016.
Bob Moriarty of 321 Gold discusses a company that has hit the ground running in Argentina's lithium triangle.
Many young children are dropping out of school and joining illegal mining activities in the surroundings of the Cauca river.
2,000 ounces of gold were stolen from the Jacobina mine in Brazil.