Barrick Gold Corporation

The discovery hole marker at NuLegacy's Red Hill gold project in Nevada. Photo by Ian Bickis

NuLegacy gets in line on Nevada’s Cortez trend

A little over two decades ago Roger Steininger made a major gold discovery in Nevada by bucking conventional wisdom. Today he’s trying to do it again.Steininger has found himself chief operations officer and a director at Nevada-focused…


Exco Resources fights takeover bid

Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…


Agnico joining Miranda in Colombia

Prospect-generating company Miranda Gold (MAD-V) has enticed mid-tier gold miner Agnico-Eagle Mines  (AEM-T, AEM-N) to help out in its efforts to explore for gold in Colombia.The junior says the new alliance, outlined in a letter…


Barrick to sell African assets?

It looks like Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky is getting  down to business to help lift the company’s stagnating share price through a possible sale of its 73.9%-owned African gold subsidiary African…


Barrick looks to sell its African assets

Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky has gotten straight down to business to help lift the company’s stagnating share price through a possible sale of its African unit.


Kinross names new CEO

Kinross Gold’s (K-T, KGC-N, KNRSF-O) Tye Burt joins the growing ranks of fallen CEOs at companies struggling to keep investors satisfied at a time of depressed share prices, cost inflation, project delays and internal reviews of assets….


Barrick Gold's Pascua-Lama gold project on the Chile-Argentina border. Photo by Barrick Gold

Barrick suffers setbacks, cost hikes, output revisions

Barrick Gold (ABX-T, ABX-N) packed its much-anticipated second-quarter financials with quite a few punches, causing analysts to cut their price targets.While the world’s largest gold producer had previously said that second-quarter…


Promise of stimulus lifts TSX

TSX Composite Index rose 231 points to 11,766.36 for the July 23-27 period as investors chose to focus on the themes of potential monetary easing and a leveling off of the European debt crisis.



AuRico trims 2012 production guidance

AuRico Gold (AUQ-T, AUQ-N) has revised its 2012 production guidance after a high turnover of workers at its Ocampo gold-silver mine in Mexico dragged down output in the second quarter.The Toronto-based producer says the shortage of workers at…


Barrick undeterred by Argentine glacier ruling

Despite an unfavourable court ruling, Barrick Gold (ABX-T, ABX-N) is confident that its Pascua-Lama gold-silver project in Argentina’s San Juan province will push ahead.Argentina’s Supreme Court ruled that a much-debated…


NovaGold narrows focus on Donlin

NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest potential gold…


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