Barrick wants deal with Mali rather than “badly run legal fight”
THE shutdown of Loulo-Gounkoto in Mali was weighed heavily on Barrick Mining Corp.’s first quarter with its CEO Mark Bristow saying he’d prefer a negotiated settlement with the…
Barrick open to “slight skewing” of benefits to end Mali dispute
BARRICK Gold will agree to a “slight skewing” of economic benefits from mining in Mali’s favour as it sought to resolve a tax dispute with the West African nation’s interim…
Barrick increases second quarter production but costs rise
BARRICK Gold increased second quarter gold production nearly 0.9% compared to the first owing to higher output at Turquoise Ridge in Nevada and expansion at its Porgera mine in…
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…
Newmont warns of rising inflation with labour costs “running hot”
COST inflation would persist into next year for the world’s gold mining companies if today’s warning from Newmont Mining is anything to go by. Reuters cited the US gold…
Barrick Gold on track for 2021 gold production target
BARRICK Gold was on target to meet its 2021 gold production guidance of between 4.4 million to 4.7 million ounces (excluding Porgera in Papua New Guinea), according to second…