Barrick, NovaGold to update $7.4bn Donlin feasibility

Mining News Pro - Barrick Gold and NovaGold Resources, 50:50 owners of the Donlin gold project are working on an updated feasibility study, scheduled for release next year. The partners say that recent work on the project has resulted in clear improvement in definition of controls and mineralization, and recent drill results continue to yield high-grade gold.

Congo lawmakers tell Barrick to secure mine perimeter after deadly protest

Mining News Pro - Lawmakers in Democratic Republic of Congo have asked Barrick Gold Corp to secure the perimeter of its Kibali gold mine after a protest last month over the eviction of people living on the company’s concession turned deadly.

Barrick Gold quarterly profit dented by weak prices

Mining News Pro - Miner Barrick Gold Corp on Thursday reported an 18% drop in third-quarter profit from the prior three-month period, weighed down by weaker gold and copper prices.

Barrick takes interests in Red Lake Gold, Dixie Gold projects in Ontario

Mining News Pro - Red Lake Gold’s shares soared on Wednesday after Barrick Gold announced it had signed agreements with the company and Dixie Gold, both of which have gold projects in the Red Lake district, in northern Ontario.

Barrick shifting into growth gear, says CEO Mark Bristow

Mining News Pro - Since the merger of Barrick Gold and Randgold Resources early in 2019, the new gold major appears to be completing a full circle under the leadership of Mark Bristow by increasingly prioritizing value-adding grass-roots exploration and development, he tells The Northern Miner.

Barrick Gold warns Pueblo Viejo to shut without new tailings storage facility

Mining News Pro - Canada’s Barrick Gold, the world’s second largest producer of the precious metal, has warned that mining at its Pueblo Viejo operation in the Dominican Republic could finish this year and production in 2030 if a new tailings storage facility (TSF) doesn’t get approved.

Barrick’s gold output rises nearly 5% sequentially on Argentine mine boost

Mining News Pro - Barrick Gold on Thursday reported a nearly 5% rise in third-quarter gold production from the previous three months, as output jumped at its Veladero mine in Argentina.

Barrick CEO, PNG Prime Minister to meet on potential fast-track of Porgera restart

Mining News Pro - Barrick Gold chief executive Mark Bristow is set to meet with Papua New Guinea (PNG) Prime Minister James Marape this week, with the aim of speeding up the restart of the country’s Porgera gold mine.

New underground mine to extend life of Barrick’s Loulo-Gounkoto gold complex

Mining News Pro - The Loulo-Gounkoto gold complex in Mali continues to replace the ore depleted by mining, Barrick chief executive Mark Bristow told reporters on Saturday.

Barrick options South Uchi project from Kenorland Minerals

Mining News Pro - Kenorland Minerals announced on Monday that it has entered into a property option agreement with Barrick Gold with respect to the company’s South Uchi project in Ontario.

Barrick eyes new mines, not deals, for future growth

Mining News Pro - Barrick Gold CEO Mark Bristow spent years burnishing his reputation as an aggressive dealmaker, but he says now he is focused on new mines that he hopes will boost profit and the company's sagging stock price.

Barrick meets or beats guidance for 10th successive quarter

Mining News Pro - For the tenth quarter in a row, Barrick Gold has met or beaten guidance, president and CE Dr Mark Bristow said on Monday when the company presented second-quarter results.

Barrick Gold sees little hit from inflation, reaffirms 2021 targets

Mining News Pro - Barrick Gold Corp, said on Monday it was not expecting a major hit from inflation this year and stuck to its full-year forecasts as prices for the yellow metal tick up.

Barrick Gold signs four exploration deals in Egypt

Mining News Pro - Barrick Gold has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said on Tuesday.

Barrick says Hemlo suspended following a fatality

Mining News Pro - Operations at Barrick Gold’s Hemlo mine, about 350 kilometers east of Thunder Bay, Ontario, remain suspended after a contract worker died on site late Wednesday.

Fatality reported at Barrick's Hemlo mine

Mining News Pro - An employee of Barminco has died at the Hemlo mine, in Ontario, gold miner Barrick reported on Thursday.

Barrick second-quarter gold output falls 5.4% on maintenance shutdowns

Mining News Pro - Barrick Gold said on Thursday second-quarter gold production fell 5.4% from the previous quarter, dented by planned maintenance shutdowns at Nevada Gold Mine, in the US, and Pueblo Viejo, in the Dominican Republic.

Barrick Q2 gold output falls 5.4% on maintenance shutdowns

Mining News Pro - Barrick Gold Corp, said on Thursday second-quarter gold production fell 5.4% from the previous quarter, dented by planned maintenance shutdowns at Nevada Gold Mine in the United States and Pueblo Viejo in the Dominican Republic.

Barrick aims for Porgera restart later this year

Mining News Pro - Barrick has pledged to prioritise local employment as part of its plan to restart the Porgera gold mine in Papua New Guinea (PNG).

Barrick’s Bristow criticises resurgence of market-plaguing short-termism

Mining News Pro - The rise in the gold price has prompted a resurgence of the short-termism which has plagued the market, with some investors focusing on short-term gains rather than sustainable growth, Barrick Gold CE Dr Mark Bristow said on Wednesday, when his company paid a quarterly dividend of 9c a share, on net earnings a share of 30c, for the three months to March 31. This will be topped up by a three-tranche return of capital distribution totalling $750-million through the course of the year, taking the per share yield based on yesterday’s closing share price to 3.5% for 2021.

Civil society groups urge halt to Barrick’s Pueblo Viejo expansion

Mining News Pro - Civil society groups on Tuesday urged Canada’s Barrick Gold Corp to halt expansion of its Pueblo Viejo gold mine in the Dominican Republic, citing risks posed by increased mine waste and threats to local communities’ rights.

Barrick refers Senegal tax dispute to arbitration

Mining News Pro - Canadian bullion major Barrick Gold has confirmed a tax claim by the Senegalese Revenue Authority (SRA) to the International Chamber of Commerce (ICC) for arbitration.

Barrick’s Loulo-Gounkoto’s third underground mine on track to start production

Mining News Pro - The third underground mine at Barrick Gold Corporation’s giant Loulo-Gounkoto gold complex, in Mali, has reached its first mining level and is scheduled to start delivering ore to the plant during the current quarter, president and CE Mark Bristow says.

Barrick ups emissions reduction target to 30% by 2030

Mining News Pro - Barrick Gold held its first-ever virtual presentation to investors on sustainability and reported that in 2020, it had zero high-significance environmental incidents, reached 79% water recycling and reusing by its operations and introduced community development committees at all its active sites.

Barrick and PNG reach deal over Porgera mine

Mining News Pro - Canada’s Barrick Gold and Papua New Guinea (PNG) have ended a year-long standoff with an agreement that gives the country’s government a majority stake in the Porgera gold mine and outlines plans to restart operations.

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