Centamin shares jump on potential Sukari mine extensions
Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit…
Barrick Gold
Canada’s Top Ten miners by market cap
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and…
Higher prices do not incentivize more production: BofA report
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper. Bank of America recently hosted its…
U.S. markets fall during May 16-20 trading week
The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold…
Mining Indaba: Bristow pleads with African miners to create ‘partnerships for prosperity’
A renewed focus on creating meaningful partnerships between miners, host communities and governments is quintessential to unlocking economic prosperity for African stakeholders, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark…
TSX falls during May 2-6 trading week
Over the May 2-6 trading period, the S&P/TSX Composite Index inched 58.94 points or 0.28% lower, to 20,633.28. The S&P/TSX Global Mining Index lost2.83 points or 2.52% to 112.16 and…
Barrick ‘very comfortable’ with Reko Diq project despite Pakistan’s political uncertainty
A change in the government of Pakistan won’t impact the development of Barrick Gold’s (TSX: ABX; NYSE: GOLD) US$7-billion Reko Diq copper-gold project in Balochistan province, said CEO Mark Bristow…
Barrick aims to start producing at Pakistan’s Reko Diq in 2027
Barrick Gold (TSX: ABX; NYSE: GOLD) aims to start producing copper and gold from its Reko Diq project in Pakistan’s Balochistan province in 2027, the company’s CEO Mark Bristow said…
Barrick pulls the trigger on Pueblo Viejo expansion
The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold’s (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion…
S&P upgrades Barrick credit rating
S&P Global Ratings has upgraded Barrick Gold’s (TSX: ABX; NYSE: GOLD) long-term corporate credit rating a notch from BBB to BBB+. With a ‘stable’ outlook, S&P in a note said…
US markets fall, March 7-11
The Dow Jones Industrial Average fell 670.61 points or 1.99% to finish the March 7-11 trading week at 32,944.19 and the S&P 500 dropped 124.56 points or 2.88% to 4,204.31….
Donlin Gold drilling returns 14 metres at 23.5+ g/t for partners Barrick, NovaGold
The final drill assays for 2021 continue to return high grades from the Donlin gold project, 450 km northwest of Anchorage, Alaska. This marks the end of last year’s 79-hole,…