Nevada Gold Mines today announced the closing of its previously announced sale of a portfolio of royalties to Gold Royalty Corp. for $27.5 million, satisfied through the issuance by Gold Royalty to NGM of 9,393,681 common shares. NGM currently owns approximately 6.5% of the issued and outstanding shares of Gold Royalty. About Nevada Gold Mines [...]
Nevada Gold Mines continues to demonstrate the impact of Barrick Gold Corp.'s strategy of combining the best assets with the best people as new projects and prospects secure its future as a high-quality, long-life operation for decades to come, says NGM chairman Mark Bristow. Speaking during a visit by a group of equity analysts and investors to [...]
Barrick Gold Corp. today announced that it has entered into a definitive agreement to sell a portfolio of royalties to Maverix Metals Inc. for total consideration of up to $60 million. The Portfolio consists of 22 royalties on the production of minerals from mines located in North America, South America, Australia and Africa. The total [...]
Nevada Gold Mines' today announced that it has entered into a definitive agreement to sell a portfolio of royalties to Gold Royalty Corp. for $27.5 million. The Portfolio consists of three royalties on the production of minerals from the Granite Creek and Bald Mountain projects located in the State of Nevada. The total consideration of $27.5 [...]
Barrick Gold is contributing $150,000 to Balochistan’s PDMA to support its relief efforts in the wake of unprecedented floods in the region. Remote communities in the province were hardest hit by the heavy monsoon rains which killed more than 500 people in Pakistan. In a phone call with the province’s chief minister, Abdul Quddus Bizenjo, Barrick [...]
A stronger Q2 performance across the portfolio has kept Barrick on course to achieve its annual gold and copper production guidance while continuing to progress its key growth projects. Gold production for the quarter was higher than Q1 at 1.04 million oz — driven mainly by Carlin and Turquoise Ridge in Nevada, Veladero in Argentina, and Bulyanhulu [...]
Barrick Gold announced the declaration of a dividend of $0.20 per share in respect of performance for the second quarter of 2022. The dividend, which is unchanged from Q1, is consistent with the Company’s Performance Dividend Policy announced at the start of the year. The Q2 2022 dividend will be paid on September 15, 2022 to shareholders of record [...]
Three years after the formation of the joint venture that created the world’s largest gold mining complex, Nevada Gold Mines is stepping out on its next growth phase by identifying new opportunities for discoveries and additions, Barrick president and chief executive Mark Bristow said here today. Nevada Gold Mines is 61.5% owned and operated by [...]
Donlin Gold LLC, owned 50/50 by Barrick Gold and NovaGold Resources, is pleased to report the initial assay results for the 2022 drill program. The drill program is progressing ahead of schedule with 26,800 m of the originally planned 34,000-m drill program completed to date, and assay results received from approximately 9,870 m of drilling. The [...]
Barrick Gold sustainability is not just a corporate function. It is entrenched in the company’s DNA and integrated in its decision-making processes, said president and chief executive Mark Bristow at the company’s annual Sustainability Update presentation to investors, from its Pueblo Viejo gold mine in the Dominican Republic today. Since the [...]
Peter Richardson will be appointed incoming executive managing director of Nevada Gold Mines, LLC with effect from August this year. Peter will work with incumbent Greg Walker, Christine Keener, chief operating officer North America, and Mark Bristow, chairman of Nevada Gold Mines, as we plan for Greg’s retirement at the end of December 2022. Peter [...]
Barrick Gold Corp. - Barrick president and chief executive Mark Bristow said today the Reko Diq copper-gold project, a partnership between the company, the Balochistan Provincial Government and Pakistani state-owned enterprises, would create substantial value for the province through multiple generations. Speaking after his meeting here today with [...]
