Barrick Explores IPO of North American Gold Assets
Digest more
A spinoff housing Barrick’s joint-venture interests and the Fourmile discovery in the state of Nevada, as well as a mine in the Dominican Republic, would be attractive to Newmont Corp. and Agnico Eagle Mines Ltd., Jefferies analysts wrote Monday.
Several Barrick Mining Corp. employees, who had been detained in Mali for more than a year, were released this week as part of a deal with the government, the company’s legal representative in the country said.
Synopsys jumps after Nvidia invests $2 billion in the company’s common stock, while Tesla follows Chinese electric-vehicle makers to the downside after the companies issue deliveries for November.
Barrick Mining said Ben van Beurden has stepped down as a director and lead independent director, to be succeeded by Loreto Silva, who is currently serving as a non-executive director.
Investing News Network on MSN
Barrick Closes US$1.09 Billion Hemlo Sale as Wheaton Finalizes Gold Stream Deal
Barrick Mining has sold its Hemlo gold mine to Carcetti Capital for up to $1.09B, marking a major portfolio shift. With cash and shares received, Barrick focuses on Tier One assets. How will this impact the gold market?
Barrick Mining has agreed to a 244 billion CFA francs ($430 million) settlement with Mali, Bloomberg News reported on Tuesday, citing people familiar with the matter. The Canadian miner on Monday reached an agreement with Mali's government to resolve all their disputes over the Loulo-Gounkoto gold mining complex after two years of negotiations.
Barrick Mining is a top gold stock pick with strong assets, financials, and project pipeline. Click here to find out why B stock is a Buy.