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Barrick to pay Mali $430m as bows to mining code

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BARRICK Mining has reached a 244bn CFA francs ($430m) settlement with Mali to resolve a two-year dispute that forced closure of the Loulo-Gounkoto gold...

$484m Bilboes to restore Zimbabwe as “gold destination”

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CALDEONIA Mining on Tuesday approved construction of the 200,000 ounce per year Bilboes gold mine – a $484m project the company said would help...

West African says alternative plan submitted to Burkina Faso

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WEST African Resources (WAF) said on Tuesday it had submitted an alternative proposal to Burkina Faso in response to its request for more shares...

Barrick agrees with Mali to end dispute over Loulo-Gounkoto

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BARRICK Mining said on Monday it had entered into an agreement with Mali to end a long-standing dispute over the Loulo-Gounkoto mine. The Toronto-listed miner...

Harmony gives green light to $1.55bn Eva copper project

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HARMONY Gold has given the green light to its Eva copper project in Australia saying on Monday the project would cost $1.55bn over a...

Barrick and Mali to restart talks

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BARRICK Mining and Mali's government have agreed in principle to resolve their dispute over the Loulo-Gounkoto gold mining complex, said Reuters citing two sources...

SA’s newest gold mine summons Joburg’s colourful history

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SOUTH Africa’s gold industry has been dwindling for years. Once supplying 83% of all production outside the Soviet bloc, the country doesn’t feature in...

Activist investor emerges as candidate for Barrick role

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ACTIVIST investor Mick McMullen has positioned himself as a contender for the CEO position at Barrick Mining, telling The Globe and Mail that major...

Barrick overhauls management amid break-up rumours

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BARRICK Mining is implementing a management overhaul and restructuring its regional operations as activist investor Elliott Investment Management acquires a significant stake in the...

Elliott stake fuels Barrick restructure talk

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ACTIVIST investor Elliott Management has acquired a substantial position in Barrick Mining, intensifying speculation that the world's second-largest gold producer could pursue a corporate...