Tag archive for ‘Barrick Gold’
Jewish Business News On Thursday, November 12th, 2015

Barrick to Sell Mines to Kinross, Waterton for $720 Million

  Kinross agrees to buy stakes in Round Mountain, Bald Mountain Barrick is on track to meet $3 billion debt-reduction goal Barrick Gold Corporation has entered into agreements to sell a number of More...

News Brief On Tuesday, August 18th, 2015

George Soros Bought 1.9 Million Shares of Barrick Gold Corporation (NYSE:ABX); Should You Buy, Too?

Barick Gold Despite lackluster gold prices, billionaire investor George Soros is holding steady on his bet that the yellow metal will rise again. Gold has dropped significantly in the face of incessant money More...

Ilan Shavit On Tuesday, August 4th, 2015

Barrick Gold Sells 50% Stake in Zaldívar Mine to Antofagasta

  Barrick Gold Corporation the world’s largest producer of the metal, agreed to sell a 50 percent interest in the Zaldívar copper mine in Chile to Antofagasta Plc for a total consideration of $1.005 More...

Kurt Tucholsky On Tuesday, May 26th, 2015

Barrick Gold sells Australia’s Cowal mine for $550 million

The world’s largest gold mining company, Barrick Gold Corp., has sold its entire stake in Australia’s Cowal gold mine to local gold producer Evolution Mining Ltd. for an estimated $550 million. This More...

Jewish Business News Service On Thursday, October 30th, 2014

The Gold Reserves Of The Largest Industrial Nations

–   Over the past few days, news has emerged that Russia boosted its gold reserves for the sixth straight month in September. The 37.2 metric ton expansion, valued at $1.5 billion, took the More...

Vered Weiss On Tuesday, September 2nd, 2014

George Soros Reduces Stake in Barrick Gold by 90%

Legendary investor George Soros owns several gold and precious metal stocks, such as Goldcorp, Silver Wheaton and Yamana Gold, but he sold 90% of his stake in Barrick Gold–not all gold miners More...

Clive Minchom On Wednesday, April 30th, 2014

Barrick Gold Profit Drops By 90% For First Quarter As Recriminations With Newmont Mining Continue To Reverberate

– – Barrick Gold issued its 2014 first quarter results today, which are sobering for the heavily indebted gold miner. With the substantial drop in gold prices, of 28% in 2013 alone, and More...

Clive Minchom On Wednesday, April 23rd, 2014

Barrick Gold & Newmont Mining Talk About Talks In $ 30 billion Merger Rumours

–  – Well it is now not at all official; it seems the world’s two top gold mining giants, Barrick Gold and Newmont Mining, are said to have been having talks about talks on the subject of More...

Alan Gallindoss On Thursday, February 6th, 2014

Peter Munk’s Barrick Gold Sells Nevada Mine Interest For $86 Million : Divestitures Now Total $936 Million

– – Barrick Gold has been trying to unwind some of this excess debt in recent months, which is an ongoing process. Accordingly, yesterday the company announced the sale of its one third interest More...

Clive Minchom On Friday, November 1st, 2013

Barrick Gold Drops The Other Shoe : Now Selling $3 Billion Of New Equity Shares To Fix Balance Sheet

– Peter Munk / Getty – Jewish Business News reported yesterday that Barrick Gold Corp had announced its third quarter results.  At the same time Barrick also announced the indefinite postponement More...

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