Barrick Gold Corporation

Letter from London

London, U.K. – Ahead of this year’s Mines and Money conference in London on Dec. 6th & 7th, your Northern Miner correspondent spent the week in Europe’s financial capital, where the late November sky was not the only thing to be slightly…


Deloitte tracks the trends for 2012

After recent trips to China and India, Glenn Ives, the Toronto-based chairman of Deloitte, is more convinced than ever that the urbanization and modernization taking place in Asia will continue to drive demand for metals at the same…


Lake Shore boasts 6.4M oz. resource

Timmins-focused junior Lake Shore Gold (LSG-T, LSG-X) had been aiming for a 6-million to 8-million-oz. gold resource by early next year. But the company has already achieved this goal by tabling initial resources for its Thunder Creek and…


Munk gives $18M to heart research

Peter Munk, founder and chairman of Barrick Gold (abx-t, abx-n), and his wife, Melanie, donated $18 million to his namesake cardiac centre at Toronto General Hospital, which is part of the University Health Network (UHN).


Mining lease rejected for Reko Diq

London-based Antofagasta (ANTO-L, ANFGY-O) has confirmed that the government of Pakistan’s Balochistan province has rejected a mining lease application for the massive Reko Diq copper-gold project submitted by a subsidiary of its joint-venture…


Lake Shore flaunts 6.4M oz. resource

By early next year Lake Shore Gold (lsg-t, lsg-x) was aiming to boast a gold resource of 6-million to 8-million ounces. A goal it recently achieved with initial resources from its Thunder Creek and Fenn-Gib projects, bringing…



The big boys pay more: Barrick and Newmont boost dividends.

Despite record high gold prices the companies’ that mine the metal have been slow to receive valuations that reflect the cashflows pouring on to their financial statements. The two biggest gold miners in the world, Barrick Gold (ABX-T, ABX-N)…


Probe Mines CEO David Palmer at the Borden Lake gold project in Chapleau, Ontario. Photo by Trish Saywell

Who knew there was gold in Chapleau?

In the 11 years David Palmer has spent working in remote, infrastructure-challenged corners of northern Ontario and Quebec, the geologist has never had the luxury of stepping out of his hotel and being on-site within 15 minutes. Until Borden…


Carpathian hit with construction stoppage in Brazil

Vancouver – Carpathian Gold (CPN-T) has been forced to abruptly halt construction at its Riacho dos Machados gold project on environmental grounds barely a month after the Brazilian government approved the project.


China’s Minmetals strikes again

Minmetals Resources, in which China’s state-owned Minmetals Group holds a majority stake, is flexing its deal-making muscle again with a friendly takeover offer for Anvil Mining (AVM-T, AVM-A), an Australian company with a copper mine in the…



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