Barrick Gold Corp (ABX.TO)
Thu, Oct 26 2017
VANCOUVER, Oct 26 Barrick Gold Corp said on Wednesday it would work with the government of Tanzania to find a way for a gold export ban to be lifted on its Acacia Mining unit and was aiming for a final agreement in the first half of 2018.
* Barrick Gold Corp - narrowed full-year gold production guidance to 5.3-5.5 million ounces
VANCOUVER, Oct 25 Barrick Gold Corp, the world's largest gold miner by production, reported a third-quarter net loss on Wednesday, reflecting lower production and a weaker gold price as well as the impact of an export ban on its Tanzanian unit.
VANCOUVER, Oct 25 Some mining investors are criticizing Barrick Gold for agreeing to Tanzanian demands in its proposed settlement of a dispute between its Acacia Mining unit and the Tanzanian government, saying this could embolden other host nations to press for bigger concessions from miners.
(Recasts with Barrick statement, adds analyst and Barrick spokesman's comments, background, updates stock prices, changes byline) By Susan Taylor and Zandi Shabalala TORONTO/LONDON, Oct 20 Barrick Gold said on Friday a proposed mining settlement it negotiated with Tanzania for its Acacia Mining unit was not under threat, even though Acacia said it could not immediately make a $300 million payment included in the deal. Barrick, which owns 63.9 percent of
DAR ES SALAAM/TORONTO, Oct 19 Barrick Gold said on Thursday that its African subsidiary Acacia Mining would pay $300 million and split 'economic benefits' from operations with Tanzania under a deal proposed to resolve a months-long dispute.
DAR ES SALAAM, Oct 19 Barrick Gold has agreed that Tanzania will own a 16 percent stake in three gold mines operated by Barrick's Acacia Mining Plc, the company and a government minister announced on Thursday.
Oct 12 Canada's Barrick Gold Corp, the world's largest gold miner, estimated a decline in third-quarter gold production amid pressure from the Tanzanian government on its Acacia Mining unit.
Oct 12 Canada's Barrick Gold Corp, the world's largest gold miner, said on Thursday its gold production fell in the third quarter, hurt by low output at majority owned Acacia Mining.
* Barrick reports preliminary third quarter production results
- Interested In Relatively Safe Options On Gold? Consider Big Gold Miners
- Barrick Gold: Not So Cheap Despite The Fall
- Commodities Experiment Part 1: Gold On The Ceiling
- Resource Sector Digest: A Friendly Reminder For Mr. 'I Am Gold'
- Northern Dynasty: Final Thoughts Before Consortium Partnership PR
- Barrick Gold: Buy On The Dip