Barrick takes US$3.8B hit on Lumwana copper mine
VANCOUVER – Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-X) hoped it would be.
Barrick Gold Corporation
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index was up 118 points to 12,801.23 points for the period, improving global investor sentiment. Investor confidence was bolstered by an unexpected drop in the U.S. trade deficit and data out of China that pointed to…
Shaking it up at Klondex
Last June Klondex Mines (KDX-T) replaced its board with a new slate of directors and in September hired Paul Huet as its chief executive, a mine engineer and expert in narrow vein gold mining best known for building and permitting Great Basin…
Gold, copper remain Alaska’s best undeveloped assets
VANCOUVER — Alaska did not see new mines commissioned or built in 2012, but an overview of the state’s year in mining and exploration from Avalon Development president Curt Freeman at Roundup 2013 in Vancouver showed that mining and…
Trouble at Pueblo Viejo?
Just two weeks after the Pueblo Viejo gold mine in the Dominican Republic entered commercial production in mid-January, joint-venture partners Barrick Gold (ABX-T, ABX-N) and Goldcorp (G-T, GG-N) face a potential squeezeplay from the government.
Trouble at Pueblo Viejo?
Just two weeks after the Pueblo Viejo mine in the Dominican Republic entered commercial production in mid-January, joint-venture partners Barrick Gold (ABX-T, ABX-N) and Goldcorp (G-T, GG-N) face a potential backlash from the government.
Golden Predator rebrands, shifts focus to royalties
Golden Predator’s (GPD-T) decision in late January to transition to a royalty-only mining company and build on its existing base of 34 projects pushed the junior’s shares up 16.7% to 38.5¢ on 2.7 million shares traded.
Barrick fails to sell African assets to CNG
Barrick Gold (ABX-T, ABX-N) has ended talks with China National Gold regarding the potential sale of its 74% interest in African Barrick Gold (ABG-L), putting off hopes that the major could distance itself from its…
Dolly Varden hopes to find the next Eskay Creek
The management team at Vancouver-based Dolly Varden Silver (DV-V) had been keeping its eye on an intriguing piece of mining history in northwestern B.C.’s Stewart complex for quite some time. Both chairman John King Burns and…
Barrick’s Q3 fails to impress
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, as it wrestles rising costs, project delays and shrinking profits. And it’s prompted investors who expected a better third quarter to drive down the stock.
Barrick fails to impress in Q3
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, where it continues to wrestle rising costs, project delays and shrinking profits, prompting investors that expected a better third quarter to drive down the stock.
AuRico sale reflects changing investment landscape
While many market watchers see depressed mining equities as an opportunity for more mergers and acquisitions, miners with hoards of cash are turning away from acquisitions, preferring to return capital to investors.