Barrick Gold Corp. is actively seeking to extend the life of its Tongon gold mine while at the same time exploring new opportunities elsewhere in Côte d’Ivoire, president and chief executive Mark Bristow said here today. Speaking at a briefing for local media visiting the mine, Bristow noted that Tongon was now in its 10th year of operations while its developer Randgold Resources, since merged with Barrick [...]
The Boards of Barrick Gold Corp. and Acacia Mining plc are pleased to announce that they have reached agreement on the terms of a recommended offer by Barrick for the ordinary share capital of Acacia that Barrick does not already own. It is intended that the Acquisition will be implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act. Under the terms of the Acquisition, each [...]
Barrick Gold Corp. announced today that it continues to make good progress on achieving its goals and objectives set out at the start of the year. Reflecting another solid operating performance across its portfolio, Barrick announced preliminary second quarter sales of 1.37 million ounces of gold and 96 million pounds of copper, as well as preliminary second quarter production of 1.35 million ounces of gold and 97 million [...]
The Kibali gold mine remains on track at the year’s halfway point to meet or beat its production forecast of 750,000 ounces for 2019, says Mark Bristow, president and chief executive of operator and co-owner Barrick Gold Corp.. Speaking at a briefing for local media here today, Bristow said this year marked the 10th anniversary of the acquisition of the Moto project which since then has been developed into one of [...]
Barrick Gold Corp. today announced that the World Bank International Centre for Settlement of Investment Disputes has awarded $5.84 billion in damages to Tethyan Copper Company Pty Limited , a joint venture held equally by Barrick and Antofagasta plc, in relation to the arbitration claims filed against the Islamic Republic of Pakistan following the unlawful denial of a mining lease for the Reko Diq project in Pakistan in [...]
Barrick Gold Corp. will release its Second Quarter 2019 Results on Monday August 12, 2019. President and CEO Mark Bristow will host a live presentation on the results at 11:00 am EDT at Barrick’s corporate office in Toronto on that day. The presentation will be linked to a webcast and conference call. Preliminary production and sales information for the second quarter will be released on Thursday July 18, before [...]
wp=49]Barrick Gold Corp.[/wp] today provides the following further update in relation to Acacia Mining plc. Barrick has continued to discuss the proposal to acquire all of the Acacia shares it does not already own through a share for share exchange of 0.153 Barrick shares for each ordinary share of 10 pence each in Acacia with the Independent Directors and the Chief Executive Officer of Acacia. Barrick is pleased to confirm [...]
Creates world's largest gold mining complex Today, Barrick Gold Corporation and Newmont Goldcorp Corp., formerly Newmont Mining Company formally closed an historic joint venture 20 years in the making that creates Nevada Gold Mines LLC, the world's third-largest gold mining company behind Barrick and Newmont. Parsons Behle & Latimer, a regional law firm headquartered in Salt Lake City and Barrick's counsel for more than [...]
Barrick Gold Corp. and Newmont Goldcorp Corp. have successfully concluded the transaction establishing Nevada Gold Mines LLC. The new company, owned 61.5% and operated by Barrick, and owned 38.5% by Newmont Goldcorp, was officially launched today. The new joint venture will rank as the largest global gold producing complex by a wide margin, with three of the world’s top 10 Tier One1 gold assets and potentially [...]
Further to its announcement dated 19 June 2019, Barrick Gold Corp. today provides the following response to the announcement made by Acacia Mining plc on 24 June 2019 headed "Response to announcement from Barrick regarding the situation in Tanzania and Acacia's mine plans". Barrick notes Acacia's stated position that: Barrick acquiring the remaining shares in Acacia it does not currently own would be an attractive [...]
Barrick Gold Corp. today provides the following further update in relation to Acacia Mining plc. Barrick notes the article by Bloomberg dated 18 June 2019 and confirms that it is proposing to engage intensively with Acacia's minority shareholders in coming weeks. As referred to in the Article, these discussions will be on the basis of the proposal set out in Barrick's announcement of 21 May and will provide an update on [...]
Barrick Gold Corp. today provides the following further update in relation to Acacia Mining plc. Background On May 21, 2019 Barrick announced that it had met with Directors and senior management of Acacia and presented a proposal for consideration by the independent directors of Acacia to acquire all of the Acacia shares it does not already own through a share for share exchange of 0.153 Barrick shares for each ordinary [...]
+50,00 %
-13,82 %
