Barrick Gold Corporation
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MINING PEOPLE: Grieve Corp., Barrick, Bear Creek, Bonterra, Colibri Resources, and Schneider Electric
Grieve Corp. of Round Lake, Ill., is mourning the loss of Pat Calabrese, who died on Feb. 17, 2018, at the age of 90. He worked for the company 50 years and was its president when he retired in 2008.…
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GOLD: ATAC, Barrick to drill 20,000 metres at Rackla
YUKON – The 2018 exploration program at the Rackla gold property in the east-central part of the territory will cost about $13 million. ATAC will cover $6 million of the cost, and Barrick, who is earning a 70% interest in…
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OBITUARY: Barrick Gold founder and chairman Peter Munk dies at 90
Barrick Gold’s founder and chairman emeritus, Peter Munk, passed away Wednesday, peacefully and surrounded by his family at the age of 90. Munk founded his most significant venture, Barrick Gold Corp., in 1983 and built it into the world’s largest…
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MINING PEOPLE: Barrick, Cobalt Power, eCobalt, Eldorado Gold, and Teck
Barrick Gold of Toronto has nominated Patricia A Hatter as an independent director. Previously an executive of Intel/McAfee, she brings broad expertise in technology and digital transformation to her new role. Toronto-based Cobalt Power Group has added two new faces…
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GOLD: WGC rates Top 10 gold miners
LONDON, U.K. – The World Gold Council has perused the numbers and determined that primary gold production his another record level in 2017. Output totaled roughly 105 million oz., up 17 million oz. from the previous year. Nearly 30% of…
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GOLD: Barrick outlines long term plans for growth
TORONTO – Barrick Gold is spreading the word about how its long term investments will drive shareholder value. The company says its plans are sustainable and have much upside potential. The timing of the release comes as Barrick is close…
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MINING PEOPLE: GMSG, Nautilus Minerals, and Nevada Copper
Michelle Ash, Barrick’s chief innovation officer, will become the new chair of the Global Mining Standards and Guidelines Group in Montreal in May 2018. She has volunteered her time and expertise at the GMSG for the past two years. Toronto-based…
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Premier plans ‘big year’ in Nevada
Having lopped off more than half of its debt last year and with over $100 million in the bank, Premier Gold Mines (TSX: PG) is primed and ready for a big year in 2018, president and CEO Ewan Downie says. “We paid…
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GOLD: Barrick takes $429M impairment for Pascua-Lama
CHILE – Toronto-based Barrick Gold is taking a US$429-million pre-tax impairment at its Pascua-Lama gold project in Q4 2017. The project straddles the Chile-Argentine border in the Andes Mountains. Chile’s superintendent of the environment (SMA) recently ordered Barrick to close…
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INNOVATION: Barrick’s BattleBorn series brings together Nevada tech and mining
LAS VEGAS – Barrick Gold of Toronto has joined forces with Cisco, Switch and Unearthed to bring together Nevada miners and the innovation and tech community. Both sectors will have the opportunity to build skills, scale ventures, and get to…
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GOLD: Premier sets $83M development, exploration budget
THUNDER BAY, Ont. – Premier Gold Mines has announced plans to spend up to $83 million (all U.S. dollars) for exploration and development of its eight properties in North America. Premier’s 2018 budget includes $38.8 million for direct exploration and…
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GOLD: Sanction terms revised on Barrick’s Pascua-Lama project
TORONTO – On Jan. 17, 2017, Chile’s Superintendencia del Medio Ambiente (SMA) revised its sanction on Barrick Gold’s Pascua-Lama gold project that straddles the border of Chile and Argentina. The project is currently operating under a temporary closure plan in…
