Colorado-based gold miner Newmont (NYSE: NEM, TSX: NGT) has reported gold mineral reserves of 100.2 million attributable ounces for 2019, the largest ever in company history. This represents a 53% increase over the 65.4 million ounces recorded in 2018 following the completion of two major transactions and through ongoing exploration success.
News ID: 8458 Publish Date : 2020/02/18
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second largest bullion miner, expects production of the precious metal this year to hit the upper end of its forecast range of 5.1 million to 5.6 million ounces.
News ID: 5312 Publish Date : 2019/07/19
Barrick Gold Corp said on Monday its Nevada joint venture with Newmont Goldcorp is expected to produce 1.8 million ounces to 1.9 million ounces of gold in the second half of 2019.
News ID: 5001 Publish Date : 2019/07/02
Continental Gold Inc. (TSX:CNL) today announced assay results from initial exploration at its Buriticá project in Antioquia, Colombia. Visible gold was encountered in all four drill holes.
News ID: 4910 Publish Date : 2019/06/25
Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) said it wasn’t aware of any material change that would account for a sharp price rise in its stock on Thursday and into early trading on Friday, following reports that the miner was exploring a possible sale of all or parts of its business.
News ID: 4583 Publish Date : 2019/05/19
Shareholders in US gold giant Newmont Mining (NYSE:NEM) have almost unanimously approved the miner’s proposed $10B takeover of Canada’s Goldcorp (TSX:G) (NYSE:GG), a deal that creates the world’s largest gold producer by market value, output and reserves, robbing Barrick of its recently cemented supremacy.
News ID: 4335 Publish Date : 2019/04/12
Barrick Gold Corp. could find itself partially liable for $600 million in additional debt, if some Newmont Mining Corp. bondholders have their way.
News ID: 4322 Publish Date : 2019/04/11
Paulson & Co. isn’t the only Newmont Mining Corp. shareholder that’s expressing concerns over the terms of the gold miner’s $10 billion purchase of Goldcorp Inc.
News ID: 4127 Publish Date : 2019/03/23
Paulson & Co., which holds 14.2 million shares of Newmont Mining (NYSE: NEM), said on Thursday that it does not support Newmont 's proposed acquisition of Goldcorp (NYSE: GG, TSX: G) as it is structured.
News ID: 4125 Publish Date : 2019/03/22
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) has officially dropped its hostile takeover offer for U.S. rival Newmont Mining (NYSE:NEM) in favour of a friendly deal to create a joint-venture that will combine the two companies’ assets in Nevada.
News ID: 3968 Publish Date : 2019/03/11
Barrick Gold’s (TSX:ABX)(NYSE:GOLD) chief executive Mark Bristow said Monday he’s open to negotiate with rival Newmont about a deal to work together in Nevada, but only if his company runs the operations.
News ID: 3840 Publish Date : 2019/03/05
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that are merger of the companies is the best, or the worst, option for them.
News ID: 3781 Publish Date : 2019/02/28
Whether it was a premeditated move by CEO Mark Bristow to launch Barrick’s hostile bid only a couple of hours before Newmont ’s outgoing boss Gary Goldberg was scheduled to speak to a select group of investors isn’t clear.
News ID: 3751 Publish Date : 2019/02/26
US gold giant Newmont Mining (NYSE:NEM) took a page out of Barrick’s book by announcing that is buying Canada’s Goldcorp (TSX:G) (NYSE:GG) in a $10 billion-deal that would create the world’s largest producer by output, challenging Barrick’s recently cemented supremacy.
News ID: 3269 Publish Date : 2019/01/15
A report by Fitch Solutions states that the period 2018-2022 is seeing a growth in gold production because slightly higher prices and stronger company financials are encouraging greater mine investment.
News ID: 2709 Publish Date : 2018/11/26