Barrick’s earnings slump as costs rise
Whereas most gold companies saw their bottom lines strengthened during the first quarter, Barrick Gold (ABX-T) suffered shrinking profits and revenue as production fell and costs rose at many of its b…
Whereas most gold companies saw their bottom lines strengthened during the first quarter, Barrick Gold (ABX-T) suffered shrinking profits and revenue as production fell and costs rose at many of its b…
The Toronto Stock Exchange made another half-hearted effort at climbing during the report period Nov. 20-25, but the rally ran out of steam on Nov. 26, leaving the TSX composite index at 6,477.77, up …
A double whammy of lowered earnings expectations and a sagging bullion price sent shares of Barrick Gold (ABX-T) reeling on Sept. 26.The company’s issue opened the day $2.42, or 8.6%, lower in Toronto…
Vancouver — Despite the lacklustre performance of commodity prices and a weakening of the global economy, the mining sector put several mines into production and managed to expand some current operat…
Seven pioneers of North American mining have been welcomed into the U.S.-based National Mining Hall of Fame.Only one of the inductees, Stewart Wallace, is alive; the others will be honoured posthumous…
Denver — In northern Nevada’s Carlin trend, Newmont Mining (NEM-N) has erected a buttress to support the south highwall at the Betze-Post mine, allowing underground miners at the Deep Post mine to ge…
Denver — Toronto geologist John Gardiner believes he holds the key to a major reinterpretation of the geology of Crescent Valley in central Nevada — a revision that could not only resolve long-stand…
Goldstrike in Nevada’s Carlin trend is much more than Barrick Gold’s (ABX-T) flagship gold operation; it’s a world-renowned mining camp that has produced more than 18.6 million oz. since operations be…
Vancouver-based Victoria Resource (VIT-V) has added another gold property to its Nevada land package.In the northern portion of the state, the company has the right to earn 100% of the North Carlin pr…
By producing their own gold, royalty sisters Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) are realizing higher profits.During the quarter ended June 30, the two companies jointly cranked …
Few mineral properties are as aptly named as Barrick Gold’s (ABX-T) Goldstrike, in Nevada’s prolific Carlin trend.The property’s two operating mines, Betze-Post and Meikle, are expected to churn out m…
The Pipeline gold mine in Nevada’s Crescent Valley is to Placer Dome (PDG-T) what the Goldstrike property is to Barrick Gold — a production cornerstone.The mine is owned, on a 60-40 basis, by Placer …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.