Barrick Gold Corporation

Barrick buys more of Porgera

Barrick Gold (ABX-T, ABX-N) has bought Emperor Mines'(EMPMY-O, EMP-A) 20% stake in the Porgera gold mine, in Papua New Guinea, for US$250 million, bringing Barrick’s interest to 95%.



Highland sells loss-making Darasun mine

Highland Gold Mining (HGM-L) has sold its unprofitable Darasun mine in eastern Russia to a private mining company, Yuzhuralzoloto (Southern Urals Gold), for US$25 million.


Barrick ups stake in PNG mine

Barrick Gold (ABX-T) has bought Emperor Mines(EMP-A) 20% stake in the Porgera gold mine in Papua New Guinea for US…



BCSC taps Andean American with cease-trade

Vancouver — The British Columbia Securities Commission (BCSC) has issued a cease trade order on shares of Andean American Mining (AAG-V, ANMCF-O) until the company re-files a 2006 technical report on…





Nautilus gets sinking feeling

Vancouver — Shares of aspiring seafloor miner Nautilus Minerals (NUS-V, NUSMF-O, NUS-L) slipped to a several-month low recently following news that a works contract with its tentative development par…




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