Barrick Gold Corporation
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Barrick president Kelvin Dushnisky to join AngloGold Ashanti as CEO
Barrick Gold (TSX: ABX; NYSE: ABX) president Kelvin Dushnisky is leaving the company at the end of August to join AngloGold Ashanti (NYSE: AU) as CEO. Dushnisky joined Barrick in 2002 and held a range of progressively senior positions at the company before…
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GOLD: Barrick, Shandong strengthen co-operation
TORONTO – Barrick Gold says it has enhanced the strategic co-operation agreement between it and Shandong Gold Group Co. The new document builds on an April 2017 agreement when Shandong acquired 50% of Barrick’s Veladero gold mine in Argentina. The…
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GOLD: Premier, Barrick double down at South Arturo
NEVADA – Toronto’s Barrick Gold (operator and 60% owner) and Premier Gold Mines (40%) of Thunder Bay, Ont., have begun development of two projects – the Phase 1 open pit and El Nino underground – at the South Arturo gold…
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GOLD: Talks continue between Barrick, Tanzania government
TANZANIA – The long running tax dispute between Barrick Gold subsidiary Acacia Mining and the government of Tanzania continues. The sides are talking and the discussions are constructive, said Barrick. But the company declined to guess at when the discussions…
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HAULAGE: ASI Mining to automate trucks at South Arturo JV
NEVADA – Autonomous Solutions, Inc. (ASI Mining) has begun work on a project with Barrick Gold to retrofit and automate a fleet of haul trucks at the company’s South Arturo gold joint venture. The project is owned 60% and operated…
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GOLD: ATAC, Barrick begin drilling at Rackla
YUKON – Vancouver-based ATAC Resources and Toronto’s Barrick Gold have begun this season’s drilling program at the Rackla gold property owned by ATAC. The property is located 55 km northeast of Keno City, in the Mayo district and is thought…
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ENVIRONMENT: Barrick to convert Pueblo Viejo power plant to natural gas
DOMINICAN REPUBLIC – Barrick Gold of Toronto has signed a 10-year natural gas supply contact with a local company to fuel the Quisqueya power generation plant that supplies the Pueblo Viejo gold mine 100 km northwest of Santo Domingo. The…
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GOLD: Barrick reports Q1 net earnings of $170M
TORONTO – Barrick Gold has reported first quarter adjusted net earnings of $170 million (all U.S. dollars) on revenues of $1.8 billion for the period. The company’s operating cash flow was $507 million and free cash flow was $181 million.…
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Mining titan and philanthropist Peter Munk’s lifetime of achievement
It’s an extraordinary story about an extraordinary man who became one of the most legendary entrepreneurs in Canadian history. But at its core it is also a love story. It’s a tale about Peter Munk’s life-long romance with Canada —…
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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…
