Tag archive for ‘Peter Munk’
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 Monday, April 28th, 2014

Peter Munk’s Barrick Gold And Newmont Mining End Merger Discussions Without A Deal

–  – Well, you can’t really bully your way into a friendly merger; and this one derailed for some interesting reasons you will see at the end of this article. Today Peter Munk’s Barrick Gold 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...

Yoel Bermant On Monday, December 2nd, 2013

End Of An Era : Peter Munk’s Successor as Chairman Of Barrick Gold Will Be Named

– Peter Munk / Jewiki Reports circulating in the financial press suggest that in two days time, at the company’s board meeting on Wednesday December 2nd, Peter Munk, now 86, will finally 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...

Clive Minchom On Thursday, October 31st, 2013

Peter Munk’s Barrick Gold Corp Now Indefinitely Postpones Construction At $8.5 Billion Pascua-Lama Mine In South America

– Peter Munk /Getty – Peter Munk’s Barrick Gold Corp of Toronto, today announced its results for the third quarter of 2013 and postponement of its latest gold mining project. The gold and copper More...

Clive Minchom On Saturday, June 29th, 2013

More Pain for Barrick Gold’s Mega-project in Chile

– Barrick Gold Slows Down Pascua-Lama Gold Project : May Take US$5 Billion Impairment Charge for Assets there – Peter Munk’s Barrick Gold Corporation/Bloomberg – / By Clive Minchom/ Peter More...

Alan Gallindoss On Sunday, May 26th, 2013

Barrick Gold Corp Fined $16 million by Chilean Government

– Some of Barrick Gold Corp’s Investors Get VERY Restive.  Message to Peter Munk: Why Stick Around if  Investors Don’t Appreciate You? – – The Government of Chile has just More...

Wordpress site Developed by Fixing WordPress Problems