Tags » Barrick Gold Corp.
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
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
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
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
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