Gains not enough to save Bristow, Barrick’s domineering CEO
IN a rare public criticism of Mark Bristow, Barrick chairman John Thornton said at the London Indaba conference last year that the company had...
Newmont unveils new CEO as Palmer set to retire
TOM Palmer will retire from Newmont by December after more than a decade with the world's largest gold producer, the company said on Monday,...
US Treasury gold reserves exceed $1 trillion
THE US Treasury's gold holdings have surpassed $1 trillion in market value, dwarfing the $11bn figure recorded on government accounts, as precious metal prices...
Mark Bristow in shock departure from Barrick Mining
MARK Bristow has stepped down as CEO Barrick Mining Corp. with immediate effect, the Toronto-listed company announced on Monday.
He will replaced by Mark Hill,...
Aussie gold miner doubles down in Burkina Faso
IT’S a busy time for Perth-based West African Resources which recently registered first production from Kiaka, a gold mine in Burkina Faso. This is...
Gold Fields sells Northern Star stake for A$1.1bn
GOLD Fields said on Friday it had raised about A$1.1bn ($725m) through the sale of its 3.4% stake in Sydney-listed Northern Star Resources.
This takes...
Investors pile into gold ETFs propelling metal to new record
A FRESH surge of investment in exchange traded flows (EFT) is one of the factors behind yet another bout of record-setting gold prices in...
Barrick surges on game-changer gold discovery
BARRICK Mining Corporation has witnessed its most dramatic share price surge in five years following revelations about a potentially transformative gold discovery in Nevada.
The...
Gold Fields hits new high as Gruyere takeover approved
GOLD Fields has secured complete ownership of the Gruyere gold operation after Gold Road Resources shareholders overwhelmingly endorsed the South African company's $3.8bn acquisition...
Mali secures mining deals with gold producers
MALI'S government has finalised seven mining agreements that will boost state revenues from the gold sector, marking another step in the military leadership's drive...