Barrick to sell Tongon mine to Atlantic for up to $305M
Barrick Mining (TSX: ABX; NYSE: B) agreed to sell its stake in the Tongon gold mine and certain exploration properties in Côte d’Ivoire to the Atlantic Group for up to…
Barrick Mining
Barrick CEO exit could spur asset sales, M&A: analysts
Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On…
Bristow’s exit shakes up Barrick leadership
Barrick Mining (TSX: ABX; NYSE: B) shocked markets Monday with the abrupt resignation of president and CEO Mark Bristow, who departs after nearly seven years at the helm without explanation….
Newmont names Viljoen CEO as Palmer retires
Newmont (NYSE: NEM), the world’s largest gold miner, said Monday that CEO Tom Palmer will retire later this year, with chief operating officer Natascha Viljoen set to take over on…
Japan Gold shares plunge as Barrick alliance ends
The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX; NYSE: B) is coming to an end after more than five years and C$23 million ($17 million)…
Mining Forum Americas: Former Barrick CEO elevates Fourmile in Nevada plan
Colorado Springs, Colo. – Barrick Mining (TSX: ABX; NYSE: B) says its new Fourmile project in Nevada can be developed without new processing plants and fits within the company’s capital-returns…
Mining Forum Americas: Gold majors vow discipline
Colorado Springs , Colo. – A year of record bullion prices has the gold sector talking less about buying ounces in takeovers and more about finding them in their midst….
GoviEx Uranium, Niger pause Madaouela dispute
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) and the Niger government have agreed to extend a break in international arbitration over their Madaouela project clash by another six months. While the two…
Barrick seeks $3.5B financing for Pakistan copper mine
Barrick Mining (NYSE: B; TSX: ABX) aims to secure up to $3.5 billion in financing from the United States and other international lenders to build its massive Reko Diq copper-gold…
Desert Gold dodges Mali risk with low-cost project
Desert Gold Ventures (TSXV: DAU; US-OTC: DAUGF) is proposing a modest project compared to peers in junta-led Mali to build on smaller costs and scale. Named after the Senegal Mali…
Guinea squeezes Emirati-owned bauxite miner
Guinea, the world’s top exporter of bauxite, has revoked the mining title of Emirates Global Aluminium’s GAC subsidiary and awarded it instead to a new local entity – a move…
Agnico, Barrick lead the pack of top Canada miners
Agnico Eagle Mines (TSX, NYSE: AEM) tops our list of Canadian miners by market value at $81.9 billion (US$59.8 million) at press time. Agnico operates the country’s biggest gold mines…