Tags » Barrick Gold Corp.

Gold gains on China debt concerns as Soros stake boosts Barrick

By Joe Deaux and Ranjeetha Pakiam

George Soros

Gold headed for a third straight gain as mounting concerns over China’s debt boosted demand for the metal as a store of value. 307 more words

Once reviled, gold hedging makes an unexpected return

New Gold Inc. was braced for a vicious backlash from the investment community when it decided to hedge some gold production earlier this month.

After all, hedging is the gold industry’s ultimate dirty word. 1,456 more words


PDAC 2016: China's Zijin Mining eyes further global growth after landmark deals last year

TORONTO • While most of the global gold industry is retrenching, one of China’s leading producers continues to eye big global growth.

“We want to become a global leading company,” George Fang, executive director of Zijin Mining Group Co. 393 more words


Kinross, Waterton capitalize on tough gold market to snap up Nevada mines from struggling Barrick

TORONTO — Two companies with enormous cash hoards are capitalizing on a tough gold market and buying assets from Barrick Gold Corp. that they have coveted for a long time. 613 more words


Barrick Gold Corp's Q3 results beat estimates, as miner continues debt reduction

TORONTO • Barrick Gold Corp. delivered solid third quarter earnings on Wednesday, generating positive cash flow for the second straight quarter after a long period of negative cash flow. 443 more words


Investors zero in on costs again as gold miners set to report Q3 results

As the senior gold miners begin to report third-quarter results this week, they find themselves stuck in a frustrating uphill battle.

Gold prices have moved steadily lower in the past three years, forcing miners to make deep cuts to operating costs and capital spending. 538 more words


Peter Munk: There's no 'silver bullet' for entrepreneurial success

Since retiring from Barrick Gold Corp. in a blaze of controversy last year, Peter Munk has stayed out of the public eye. The legendary entrepreneur has kept himself busy with his… 361 more words