Why some gold companies don’t believe in M&A
A asked at the recent London Indaba conference to explain why he opted to become a non-executive after 12 years at Barrick Gold, chairman John Thornton replied: “What does…
Teck as ground zero for M&A chatter is a sign of the times
CANADA’S Teck Resources has become the focus of merger and acquisition chatter in global mining sector that’s become obsessed with increasing copper production, according to a…
Bristow targets the last of Barrick’s legacy headaches before weighing his future
IT was no surprise Mark Bristow, CEO of Barrick Gold, delayed his retirement. After saying shortly after the merger of his Randgold Resources with Barrick that he might give…
Copper, cobalt exports from Congo mine at risk amid dispute over $7.5bn in unpaid royalties
GECAMINES, the Democratic Republic of Congo’s state-owned mining company, could block exports of cobalt and copper from the Tenke Fungurume mine following a dispute with its…
Mark Bristow keeps to lifelong strategy of building own mines for Barrick Gold
MARK Bristow, CEO of Barrick Gold, reminded investors of the strategy that served him well for more than a quarter of a century in gold mining when he said the Canadian firm…
Robert Friedland, the master of spin, bowls another beauty with latest copper project
LOVE him or hate him – and his grandstanding “showman” style has earned him many detractors – but controversial billionaire mining entrepreneur Robert Friedland has done it yet…