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India

Jeff Lewis

Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash

17 Jan 2020

MELBOURNE Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining .

CORRECTED-RPT-FOCUS-Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash

17 Jan 2020

TORONTO/MELBOURNE, Jan 16 Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining .

CORRECTED-FOCUS-Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash

17 Jan 2020

MELBOURNE, Jan 16 Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining.

Kirkland's C$4.4 billion bid for Detour wins backing from proxy advisory firms

16 Jan 2020

TORONTO Kirkland Lake Gold Ltd's C$4.4 billion ($3.4 billion)all-stock offer to buy rival Detour Gold Corp has won backing from two influential proxy advisory firms on grounds the target's shareholders would reap benefits from a larger company, bolstering chances of the deal going ahead.

Exclusive: Canada's First Quantum weighs $1 billion Zambian copper mine expansion - document

04 Jan 2020

TORONTO/LONDON Canadian miner First Quantum Minerals Ltd is weighing investment of around $1 billion (764.2 million pounds) to lift output at Africa's biggest copper mine in Zambia, a company document seen by Reuters showed, despite a feud with state miner ZCCM-IH over project funding.

Elliott-backed Triple Flag scraps IPO, signals tough 2020 for listings

12 Dec 2019

Triple Flag Precious Metals Corp on Wednesday became the latest private equity-backed venture to scrap a planned stock market launch, citing lackluster demand from investors in a year already dominated by several high-profile failures.

Barrick Gold to sell stake in Massawa project to Teranga for up to $430 million

10 Dec 2019

Canadian gold miner Barrick Gold Corp moved closer to its asset sales target on Tuesday by agreeing to sell its entire 90% stake in its Massawa project in Senegal to Teranga Gold Corporation for up to $430 million.

Gold miners flash the cash in biggest deal binge in a decade

05 Dec 2019

TORONTO/LONDON Gold miners look set to extend a deal spree after notching transactions worth a record $30.5 billion this year, according to data, the biggest M&A binge since bullion prices peaked nearly a decade ago.

Gold miners flash the cash in biggest deal binge in a decade

05 Dec 2019

TORONTO/LONDON, Dec 4 Gold miners look set to extend a deal spree after notching transactions worth a record $30.5 billion this year, according to data, the biggest M&A binge since bullion prices peaked nearly a decade ago.

China's Zijin Mining to buy Canada's Continental Gold for $1 billion amid security risk

03 Dec 2019

BEIJING/TORONTO China's Zijin Mining Group Co Ltd has agreed to buy Canadian miner Continental Gold Inc for C$1.3 billion ($1 billion), but a top executive with the target company said elevated security concerns in Colombia pose a risk to the deal.

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