Barrick sweetens Acacia buyout
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest bullion miner, is counting the days until it takes full control of its African subsidiary, Acacia Mining (LON: ACA). By now,…
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest bullion miner, is counting the days until it takes full control of its African subsidiary, Acacia Mining (LON: ACA). By now,…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has proposed a framework to resolve a three-month dispute with the government of Tanzania. It appears that management at Acacia Mining (LON: ACA),…
This week we’re joined by Mercenary Geologist Mickey Fulp to talk about the rising spectre of geopolitical risk for miners! Matt sits down to chat about a few recent high-profile…
Long-simmering resource nationalism in Tanzania heated up this March with a sudden export ban on ore concentrates by Tanzanian President John Magufuli, who said that “based on the information that…
The months-long showdown between Barrick Gold’s 63.9%-owned subsidiary Acacia Mining and the Tanzanian government heated up in the last days of July, with Acacia reporting that one of its senior…
VANCOUVER — Barrick Gold’s (TSX: ABX; NYSE: ABX) senior management is preparing for negotiations over an evolving sociopolitical situation in Tanzania that could lower its gold production from the country. The…
VANCOUVER — Barrick Gold‘s (TSX: ABX; NYSE: ABX) senior management is getting directly involved in an evolving sociopolitical situation in Tanzania that could materially impact its annual gold production. The company holds a 63.9%…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is wrapped up in a volatile sociopolitical situation in Tanzania that could materially impact its annual gold production. The company holds a 63.9% equity stake…
A slew of mining companies have recently rolled out their third-quarter financials, including Toronto-based gold miners Barrick Gold (TSX: ABX; NYSE: ABX) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM). Both firms published better than expected…
African Barrick Gold — now called Acacia Mining (LSE: ACA) — has signed an earn-in agreement with Sarama Resources (TSXV: SWA) on its South Houndé project in Burkina Faso and approved an underground mining…
Barrick Gold’s (TSX: ABX; NYSE: ABX) president and CEO Jamie Sokalsky will be leaving his post in September, as part of a management shakeup whereby the major gold producer is axing its CEO role and naming two executives as…
There is no denying that it has been a rough ride for African Barrick Gold (LSE: ABG; US-OTC: ABGLF) since the company first listed in the London Stock Exchange in early 2010.
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