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Barrick Does Not Have 'For Sale' Sign On Tongon Mine In Ivory Coast, Massawa Project In Senegal-CEO
Barrick Gold Qtrly Net Earnings Were $0.11 Per Share
Barrick Gold Sets Quarterly Dividend Of $0.04Per Share
Barrick Gold Corp is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company's segments, include Barrick Nevada, Golden Sunlight, Hemlo, Jabal Sayid, Kalgoorlie, Lagunas Norte, Lumwana, Porgera, Pueblo Viejo, Turquoise Ridge, Veladero and Zaldvar. Pueblo Viejo, Lagunas Norte, Veladero and Turquoise Ridge are its individual gold mines. The Company, through its subsidiary Acacia, owns gold mines and exploration properties in Africa. Its Porgera and Kalgoorlie are gold mines. Zaldivar and Lumwana are copper mines. The Pascua-Lama project is located on the border between Chile and Argentina. The Company owns a number of producing gold mines, which are located in Canada, the United States, Peru, Argentina, Australia and the Dominican Republic.
Gold & Silver
Canada Trust Tower
161 Bay St Suite 3700
John Lawson Thornton
Non-Independent Executive Chairman of the Board
President, Chief Executive Officer, Director
Graham P. Shuttleworth
Chief Financial Officer, Senior Executive Vice President
Robert L. Krcmarov
Executive Vice President - Exploration and Growth
Kevin James Thomson
Senior Executive Vice President - Strategic Matters
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A fresh gold discovery by Barrick Gold Corp in Nevada is "fantastically significant" and shows there still is rich potential in the region for exploration, Chief Executive Officer Mark Bristow said in an interview on Tuesday.
Barrick Gold Corp is on track to achieve by end 2019 half of expected cost savings of $450 million to $500 million at its Nevada joint venture with Newmont Gold Corp, Barrick chief executive officer Mark Bristow said on Tuesday.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Canadian miner Barrick Gold <ABX.TO> has won approval from a British court for its $1.2 billion takeover of Acacia Mining <ACAA.L>, the African gold miner said on Friday, removing the last hurdle to the conclusion of the deal.
Acacia Mining said on Friday a British court has approved a deal by which Barrick Gold will take over the gold miner and that its stock will stop trading from next week.
Barrick Gold Corp <ABX.TO> <GOLD.N> is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday.
Barrick Gold Corp's quarterly adjusted profit nearly doubled as the world's second-largest gold producer reported higher copper and gold production.
Barrick Gold Corp <ABX.TO> <GOLD.N> is looking to sell its Tongon gold mine in the Ivory Coast and is working with Bank of Nova Scotia <BNS.TO> to identify buyers, Bloomberg said https://www.bloomberg.com/news/articles/2019-08-08/barrick-said-to-weigh-sale-of-tongon-mine-amid-asset-disposals...
Barrick Gold Corp <ABX.TO> said on Friday the National Court of Papua New Guinea had ruled that the miner could continue to operate the Porgera gold mine, while the country's government considers an application to extend the lease for the mine.
Canadian miner Barrick Gold Corp said on Thursday it conveyed the need for a "partnership approach" for the future of the Porgera gold mine in Papua New Guinea, as the Pacific nation wants more benefits from the mine, for which Barrick is seeking a lease extension.
British hedge fund Odey Asset Management said on Monday it intends to vote, on behalf of its clients, in favor of Barrick Gold Corp's <ABX.TO> <GOLD.N> final offer to buy out its fellow shareholders in Acacia Mining <ACAA.L>.
Barrick Gold Corp <ABX.TO> <GOLD.N> has struck a deal to buy out its fellow shareholders in Acacia Mining <ACAA.L> with a higher bid than originally proposed, raising expectations Acacia's long-running tax dispute with the Tanzanian government will finally be resolved.
The world's second biggest gold miner Barrick Gold Corp has agreed a deal to buy Tanzania-focussed Acacia Mining that values the firm at 951 million pounds, Acacia said on Friday.
* Government blocking use of North Mara tailings dam from Saturday
Tanzania's largest gold miner Acacia Mining Plc said on Tuesday it is worth more than a buyout proposal by majority shareholder Barrick Gold Corp values it at, and extended the deadline for a firm bid to July 19.
Tanzania's largest gold miner Acacia Mining Plc said on Tuesday it has agreed to a request from Barrick Gold Corp to extend the deadline to make a firm offer to July 19. (Reporting by Sangameswaran S in Bengaluru)
Acacia Mining <ACAA.L> on Monday reported a 19% jump in gold production for the second quarter as output from its Tanzania mine improved, adding pressure on majority shareholder Barrick Gold <ABX.TO> to revise its buyout proposal.
Acacia Mining <ACAA.L> on Friday reported a 13% rise in gold reserves at the end of May for its Gokona Mine in North Mara, Tanzania, adding weight to its view that majority shareholder Barrick Gold's <ABX.TO> buyout proposal undervalued the miner.
Barrick Gold Corp said on Monday its Nevada joint venture with Newmont Goldcorp is expected to produce 1.8 million ounces to 1.9 million ounces of gold in the second half of 2019.
Barrick Gold Corp said on Monday its Nevada joint venture with Newmont Goldcorp expects to produce 1.8 million ounces to 1.9 million ounces of gold in the second half of 2019.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.