Barrick Gold Corporation
Barrick Gold Corp. chief executive officer Mark Bristow is raising the possibility that he may retire in 2026. Mr. Bristow took over as CEO in 2019 after Toronto-based Barrick acquired Randgold Resources Ltd., the Africa-focused mining company he founded and ran for about two decades.
Automation drives Barrick into the future
Barrick Gold's chief executive Mark Bristow said that for the company to achieve its goal of being the world's most valued gold company, in a rapidly evolving environment …
GOLD: Barrick Announces New Executive Management Structure
TORONTO, ONTARIO-- The Board of Directors of Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) today unveiled a new executive management structure that will enable the company to meet the distinct demands and challenges of the mining industry in the 21st century.Kelvin Dushnisky, currently Senior Executive Vice President responsible for Corporate …
African Barrick is history, changes name to Acacia Mining
The mid-cap gold miner, which spun off from Barrick Gold in 2010, has been tightening its belt since 2012, as it has been hit hard by low bullion prices and higher costs.
Barrick and Mali: inside a 20-year partnership
The recent history of gold mining in Mali is one linked to the involvement of foreign companies. In 1996, Iamgold and AngloGold Ashanti, headquartered in Canada and South Africa respectively, opened the Sadiola gold mine, and four years later, Randgold partnered with AngloGold Ashanti to operate the Morila mine in southern Mali. Over the last …
VOICES OF DISRUPTION – Barrick Gold Corporation
VOICES OF DISRUPTION – Barrick Gold Corporation. Hear from one of Africa's leading mining companies as they outline how they are bringing positive change and disruption to the …
Barrick and Mali: inside a 20-year partnership
With the company's flagship Morila mine set to close this year, following the production of 209 tonnes of gold over its two-decade lifespan, we consider the legacy Barrick's …
Barrick to take PNG to Supreme Court over Porgera dispute
Barrick to take PNG to Supreme Court over Porgera dispute. In April, the Papua New Guinea (PNG) government denied an application from Barrick Gold to extend its rights at the Porgera gold mine. Following a lengthy dispute, Barrick's request for judicial review of the decision has been dismissed by PNG's National Court.
Barrick Gold to provide exploration funding for Guyana …
IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a 'new normal' of working patterns and trade would set in. Recently, sentiment has changed.
Tulawaka Gold Mine
STAMICO, Tanzanian state-owned mining company, acquired the mine and its surrounding exploration licenses from African Barrick Gold (ABG) and Canada-based MDN Northern Mining in January 2014. STAMICO will …
Africa's Largest Gold Mine Probes Significant New Discoveries
All amounts expressed in US dollars unless stated otherwise. Kinshasa, Democratic Republic of Congo – Very significant near-mine discoveries within trucking distance of the plant are poised to keep growing Kibali, Africa's largest gold mine, well into the future, says Barrick president and chief executive Mark Bristow. The company is also consolidating new …
Barrick
All amounts expressed in US dollars. TORONTO — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today reported preliminary Q3 production of 943 thousand ounces of gold and 48 thousand tonnes of copper, as well as preliminary Q3 sales of 967 thousand ounces of gold and 42 thousand tonnes of copper. The Company …
African Barrick Gold COO resigns weeks after CEO change
Tanzania-focused miner African Barrick Gold said its chief operating officer Marco Zolezzi had resigned with immediate effect, less than a month after its former chief executive also left.
Barrick Gold divests shares in African Barrick
Barrick Gold has divested 41 million ordinary shares in African Barrick Gold (ABG) for about £113m ($188m). The sale represents in aggregate about 10% of the issued ordinary share capital of ABG, at a price of 275 pence per ordinary share.
Barrick initiates development of $2bn Lumwana super pit …
Gold and copper mining company Barrick has initiated the development of the Lumwana super pit ahead of a $2bn (C$2.71bn) expansion pending a final investment decision. If approved, the expansion will position the Zambian mine as a significant source of copper supply.
How has the mining industry adapted to technology?
As technology continues to advance in the mining sector, is the industry prepared for the shift? Laura Nicholson, Head of Content & Strategic Partnerships at Mining …
African Barrick Gold names new boss to lead turnaround
Tanzania-focused miner African Barrick Gold pinned its turnaround hopes on a new chief executive on Wednesday, appointing industry veteran Bradley A Gordon to replace Greg Hawkins at the helm of ...
Africa Barrick Gold
At the African Barrick Gold (ABG), North Mara Mine in the Mara region of Tanzania the client required an experienced team to operate a newly constructed water treatment plant. The plant …
Barrick Gold: how well is the company positioned to
Barrick Gold, a mining company based in Canada, has a relatively high chance of benefiting from its investments in a series of technological, macroeconomic, and sector-specific investments in recent years, according to analysis from GlobalData.. The company was ranked ninth out of 50 in a ranking of overall leadership in the 10 themes that matter the most to the …
Barrick Gold quits US mining project
Barrick Gold's exploration partner Coral Gold Resources has announced that the company will end its mining project in Nevada due to budgetary constraints. According to Coral, Barrick Gold will terminate an agreement to develop the Gold Ridge property located in Lander county, Nevada, US.
African Barrick cuts costs, to acquire more gold assets in 2015
Tanzania's largest gold miner reported a 17% jump in third-quarter core profit, and said it anticipates full-year costs at the lower end of it target range of $1,100-$1,175 per ounce sold.
Africa's Largest Gold Mine Probes Significant New Discoveries
Kinshasa, Democratic Republic of Congo – Very significant near-mine discoveries within trucking distance of the plant are poised to keep growing Kibali, Africa's largest gold …
Barrick Gold forms JV with Zijin Mining
Barrick Gold has formed a previously announced strategic joint venture (JV) with Chinese mining company Zijin Mining, including a 50% interest sale in Barrick (Niugini) (BNL), for $298m.
West Africa Mining Industry Report 2023 Featuring …
The "The Mining Sector in West Africa 2023" report has been added to ResearchAndMarkets's offering. ... Barrick Gold, Newmont, Orano and Rusal, Simfer, Marampa Mines, Leo Lithium and Firefinch ...
Barrick: "Mining plays a vital role in advancing the UN's SDGS"
Given its importance to the economies of many developing countries and the proximity of its activities to people and natural habitats, the mining sector is uniquely placed to support the United Nations' Sustainable Development Goals (SDGs), said Barrick president and chief executive Mark Bristow at the Company's fourth annual sustainability update in early …
Barrick CEO signals protracted fight against Mali …
Barrick on Wednesday said Mali is seeking unspecified changes to the tax, financial and legal regime at its Loulo-Gounkoto mining operations. The site is on track to produce 535,000 ounces of gold this year and is the company's biggest operation by …
Barrick to restart gold mining in Papua New Guinea
Canadian mining company Barrick Gold has been permitted by the Government of Papua New Guinea to restart operations at the Porgera gold mine, which has been out of action for three years.. In April 2020, the Papua New Guinea Government took control of the mine after refusing to extend Barrick's special mining lease at the facility. Prime Minister James …
Barrick Gold forms joint venture with Tanzanian Government
Barrick Gold and the Government of Tanzania have signed an agreement to launch a new joint venture (JV) to oversee the company's future gold mining operations in the country. The JV is aimed at reshaping Barrick Gold's Tanzania operations that were consolidated through the takeover of Acacia Mining in a $1.2bn buy-out deal in September 2019.
Barrick Gold sells Cowal Mine in Australia to
Barrick Gold sells Cowal Mine in Australia to Evolution Mining for $550m. Barrick Gold has signed an agreement to sell its Cowal gold mine in New South Wales, Australia, to Evolution Mining in a deal worth $550m. May 25, 2015 ... Tick here to opt out of curated industry news, reports, and event updates from Mining Technology. Submit and …
Barrick looking to reopen Porgera gold mine in Papua New …
Last month, Marape said that the Barrick Niugini joint venture (JV) is set to remain as operator of the Porgera gold mine following talks in Port Moresby. Jointly owned by Barrick Gold and China-based Zijin Mining, Barrick Niugini owns a 95% stake in the Porgera JV that owns the Porgera gold mine.