Barrick Gold Corp. and its global competitors are poised to sell assets this year as the companies seek to reverse two years of share-price declines.
Barrick Gold Corp., the world’s largest gold company, said directors Donald Carty and Robert Franklin resigned less than two weeks after the company announced a shakeup of its board.
Barrick Gold Corp. is poised to cut output to a nine-year low, a sign the world’s largest gold miner is making headway on its plan to put profits before growth.
A labor dispute that all but shut platinum mines in South Africa since January is extending the longest shortfall in global production since 2005, which Morgan Stanley predicts will take at least four years to fix.
Barrick Gold Corp. and other bullion producers are climbing from 28-year lows relative to the metal as they tame costs, raise cash flow and beat profit estimates.
After years of takeovers and mine expansions buoyed by soaring gold prices, Barrick Gold Corp.’s former chief financial officer is bringing the company back down to earth.
Agnico Eagle Mines Ltd., one of Canada’s oldest gold producers, will consider entering joint ventures for the first time and buying mines already in operation.
House Republicans’ efforts to limit government funding for abortion are bumping up against their emphasis on tax cuts, underscoring potential tensions between the party’s social and fiscal agendas.
Eldorado Gold Corp. fell the most in three years after it agreed to buy European Goldfields Ltd. for about C$2.5 billion ($2.4 billion) in what would be its biggest acquisition.
"Their earnings look reasonably good, the cash costs are good, the guidance looks good."
- David Christensen on Oct 29, 2014