The National Court of Papua New Guinea today ruled that the provisions of the country’s 1992 Mining Act applied to the Porgera gold mine, thus allowing it to continue operating while the application to extend its Special Mining Lease is being considered. The current lease expires on August 16, 2019. Porgera is operated by Barrick Niugini [...]
Barrick Gold Corp. president and chief executive Mark Bristow said his meeting today with prime minister James Marape had served to confirm the need for a partnership approach to the future of the Porgera gold mine. This was Bristow’s second meeting with the recently elected prime minister and his third visit to Papua New Guinea since he [...]
The renewed commitment of Barrick Gold Corp. to Latin America, designed to optimize its existing operations and create a platform for a next generation of mines, has made significant progress since its launch at the beginning of this year, president and chief executive Mark Bristow said here today. Speaking at a meeting with local community leaders [...]
US Secretary of the Interior David Bernhardt today visited Nevada Gold Mines’ Cortez mine where he saw first-hand its Deep South expansion project, a highlight of the Department’s expedited permitting process. The Deep South project will extend the life of Cortez, which has been in continuous operation since 1862 and now ranks as one of [...]
Barrick Gold Corp. president and chief executive Mark Bristow met Senegalese President Macky Sall today to discuss how best to bring the Massawa gold project to account in partnership with the country’s government. Massawa and its associated orebody, Sofia, were discovered by Randgold Resources, since merged with Barrick, which invested $96.2 [...]
Twenty years after Morila started production, the Barrick owned and operated gold mines in Mali continue to make a major contribution to the country’s economy and lead the growth of its mining industry, president and chief executive Mark Bristow said here today. Speaking at a briefing at the mine for local media, Bristow said while Morila was [...]
Barrick Gold Corp. is actively seeking to extend the life of its Tongon gold mine while at the same time exploring new opportunities elsewhere in Côte d’Ivoire, president and chief executive Mark Bristow said here today. Speaking at a briefing for local media visiting the mine, Bristow noted that Tongon was now in its 10th year of [...]
The Boards of Barrick Gold Corp. and Acacia Mining plc are pleased to announce that they have reached agreement on the terms of a recommended offer by Barrick for the ordinary share capital of Acacia that Barrick does not already own. It is intended that the Acquisition will be implemented by means of a court-sanctioned scheme of arrangement under [...]
Barrick Gold Corp. announced today that it continues to make good progress on achieving its goals and objectives set out at the start of the year. Reflecting another solid operating performance across its portfolio, Barrick announced preliminary second quarter sales of 1.37 million ounces of gold and 96 million pounds of copper, as well as [...]
The Kibali gold mine remains on track at the year’s halfway point to meet or beat its production forecast of 750,000 ounces for 2019, says Mark Bristow, president and chief executive of operator and co-owner Barrick Gold Corp.. Speaking at a briefing for local media here today, Bristow said this year marked the 10th anniversary of the [...]
Barrick Gold Corp. today announced that the World Bank International Centre for Settlement of Investment Disputes has awarded $5.84 billion in damages to Tethyan Copper Company Pty Limited , a joint venture held equally by Barrick and Antofagasta plc, in relation to the arbitration claims filed against the Islamic Republic of Pakistan following the [...]
Barrick Gold Corp. will release its Second Quarter 2019 Results on Monday August 12, 2019. President and CEO Mark Bristow will host a live presentation on the results at 11:00 am EDT at Barrick’s corporate office in Toronto on that day. The presentation will be linked to a webcast and conference call. Preliminary production and sales [...]