Barrick Gold reports lower preliminary gold output for 2023
Canadian miner Barrick Gold Corp said on Tuesday its full-year preliminary production of gold fell from a year earlier, even as output rose sequentially in the fourth quarter.
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Barrick says outside actors to blame in new abuse allegations at North Mara in Tanzania
Mining News Pro - Barrick Gold says a human rights group making allegations of forced expulsions to expand the North Mara mine in Tanzania is incorrect.
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Barrick gets go ahead for Goldrush mine ramp-up
Mining News Pro - Canada’s Barrick Gold (TSX: ABX) (NYSE: GOLD) said on Monday that the US Bureau of Land Management has approved the company’s plan of operations for its Goldrush underground mine at the Cortez Complex near Beowawe, Nevada.
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Barrick beats Q3 profit estimates on higher production, lower costs
Mining News Pro - Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from increased production and higher bullion prices.
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Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Barrick CEO says focused on organic growth
Mining News Pro - Barrick Gold’s CEO on Thursday expressed a desire to grow the company’s copper business organically when asked about interest in buying fellow Canadian miner First Quantum Minerals after its shares lost nearly half their value earlier this week.
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Barrick CEO says growing copper biz “ourselves” when asked about First Quantum interest
Mining News Pro - The chief executive of Barrick Gold Corp on Thursday expressed desire to grow the company’s copper business organically when asked about interest in buying First Quantum Minerals after the recent share price plunge.
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Barrick beats Q3 profit estimates on higher production, lower costs
Mining News Pro - Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from increased production and higher bullion prices.
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Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Egyptian tycoon eyes stake in Barrick’s Reko Diq project
Mining News Pro - Egyptian billionaire Naguib Sawiris, the northern African country’s second-wealthiest person, is said to be seeking a stake in the $7 billion Reko Dick copper-gold project, jointly owned by Barrick Gold and Pakistan.
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Barrick’s third-quarter gold, copper output rise
Mining News Pro - Canadian miner Barrick Gold said on Thursday its gold production rose nearly 3% sequentially for the third quarter, helped by higher production at its Cortez mines in Nevada.
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Barrick says big miners show interest in Pakistan copper project
Mining News Pro - Barrick Gold Corp.’s top executive says it’s not just Saudi Arabia interested in his company’s massive copper project in Pakistan — some major mining companies are, too.
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Barrick CEO sees few good deals despite mining’s M&A revival
Mining News Pro - Barrick Gold Corp. won’t be pressured into making any major acquisitions even as its rivals pursue a flurry of dealmaking in the mining industry, chief executive officer Mark Bristow said.
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Barrick beats quarterly profit estimates on higher gold prices
Mining News Pro - Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal.
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Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project
Mining News Pro - Barrick Gold Corp is open to bringing in Saudi Arabia’s wealth fund as one of its partners in Pakistan’s Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday.
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Barrick reports higher gold, copper output for second quarter
Mining News Pro - Canadian miner Barrick Gold said on Thursday its gold and copper production rose sequentially for the second quarter and that it remains on track to achieve full-year target.
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Barrick to earn into Midland’s Patris gold project in Quebec
Mining News Pro - Barrick Gold and Midland Exploration have inked a deal that gives the world’s second largest bullion producer the right to earn into the junior’s Patris gold property in Quebec, Canada.
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Barrick Gold, PNG ink new deal to restart Porgera mine
Mining News Pro - The Porgera gold mine in Papa New Guinea (PNG), halted since 2020, is closer to resuming operations as the country’s government, Barrick Gold’s local subsidiary and New Porgera have inked a new deal to speed up the mine restart.
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Barrick eyes Nevada Gold Mines as Newmont ramps up deal pressure
Mining News Pro - Canada’s Barrick Gold Corp would be open to taking over Newmont’s stake in its Nevada Gold Mines joint venture, CEO Mark Bristow said on Wednesday, after Newmont’s $16.9 billion bid for Newcrest ramped up pressure on gold miners to do deals.
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Barrick misses gold guidance as output sinks to 22-year low
Mining News Pro - Barrick Gold Corp.’s bullion output slid last year to its lowest level since 2000, missing analysts’ expectations and its own target as operational woes curbed production.
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Pakistan closer to letting Barrick Gold proceed with $7bn project
Mining News Pro - The project, which hosts one of the world’s largest undeveloped copper-gold deposits, has been on hold since 2011 due to a dispute over the legality of its licensing process.
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Tanzanians sue Canada’s Barrick Gold over alleged abuses at mine
Mining News Pro - Tanzanian villagers accuse Canadian mining giant of being complicit in killings and torture at the North Mara gold mine.
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Barrick shares tumble as weaker gold production dents profit
Mining News Pro - Toronto-listed shares were down 6.9% to 18.26 Canadian dollars, on track for their biggest one-day drop in two years.
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Barrick Gold to sell royalty portfolio to Maverix Metals for $60 million
Mining News Pro - Barrick Gold announced Thursday that it has entered into an agreement to sell a portfolio of royalties to Maverix Metals (TSX: MMX) for total consideration of up to $60 million.
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Barrick Gold boss tells miners to brace for more inflation
Mining News Pro - Barrick Gold Corp. boss Mark Bristow is sticking with his cost guidance for now, despite inflationary headwinds at mines around the world, but said the idea that industry costs have peaked is “wishful thinking.”
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