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…
Barrick Gold
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,…
Makuch hands over Agnico Eagle reins
A little more than two weeks following the closure of the US$10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold, Agnico’s new CEO Tony…
Resolute Mining ups Mali gold project resource estimate by 40%
Resolute Mining (ASX: RSG; LSE: RSG) has increased the measured and indicated resource estimate for its Tabakoroni gold deposit in Mali by 40%. The Western Australia-based miner said the asset,…
TSX rises, Jan. 24-Jan. 28 trading week
The S&P/TSX Composite Index rose 120.36 points or 0.58% to 20,741.75 during the January 24 to January 28 trading week. The S&P/TSX Global Mining Index fell 3.20 points or 3.02%…
Kibali achieves 2021 guidance; set for third year of net DRC gold reserve growth
Barrick Gold (TSX: ABX; NYSE: GOLD) says its Tier One Kibali gold mine in the Democratic Republic of Congo has achieved its 2021 production guidance with the total output amounting…
The View from England: Arabian call to action at Future Minerals Forum
A mining conference without alcohol, and at which many delegates left when Mark Bristow and Robert Friedland took to the stage. You wouldn’t think such an event was likely to…
US markets fall during the Jan. 10-14 trading week
The Dow Jones Industrial Average fell 319.85 points or 0.88% to 35,911.81 and the S&P 500 dropped 14.18 points or 0.30% to 4,662.85. Spot gold climbed US$21.10 per oz. or…
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…
Labour shortage threatens to put mining industry on shaky ground
Major Drilling Group International (TSX: MDI) had an early Christmas present for investors in December. The specialized drilling services company reported a 50% increase in revenue in the second quarter…