Barrick

Barrick Shareholders Approve $750 Million Return of Capital Distribution

Tuesday, May 4, 2021 - 8:38pm

b'TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- At today\xe2\x80\x99s virtual annual and special meeting of Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX), the $750 million return of capital distribution proposed by the company\xe2\x80\x99s board was supported by over 99% of the shares voted at the meeting.

Key Points: 
  • b'TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- At today\xe2\x80\x99s virtual annual and special meeting of Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX), the $750 million return of capital distribution proposed by the company\xe2\x80\x99s board was supported by over 99% of the shares voted at the meeting.
  • The real winners will be the companies who grow their businesses for the long-term, rather than focusing on short-term gains, extending 10-year plans to 15 and even 20 years, which is what Barrick is doing.\xe2\x80\x9d\nBarrick is well on its way to becoming the industry\xe2\x80\x99s most valued company, not least in ESG, which has become a key investment criterion.
  • Its principles have long been embedded in every facet of the business, as our recently published sustainability report emphatically shows.
  • This has also been recognized by third parties as shown in the proxy advisory reports for the meeting when ISS gave the company their highest quality score for environmental and social disclosure.

Advance Gold Adds Gennen McDowall to Board of Directors and Sets Options

Tuesday, May 4, 2021 - 6:12pm

b'Kamloops, British Columbia--(Newsfile Corp. - May 4, 2021) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that Gennen McDowall has joined the board of directors.\nGennen McDowall is a geophysicist with over 40 years of international mining exploration experience.

Key Points: 
  • b'Kamloops, British Columbia--(Newsfile Corp. - May 4, 2021) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that Gennen McDowall has joined the board of directors.\nGennen McDowall is a geophysicist with over 40 years of international mining exploration experience.
  • We have exploration projects underway in Mexico for gold, silver and lithium, as well as in Kenya for gold.
  • In addition, Advance Gold holds an 11.45% interest in strategic claims in the Liranda Corridor in Kenya, East Africa.
  • The remaining 88.55% of the Kakamega project is held by Shanta Gold Limited (project previously owned by Barrick Gold Corporation, for details see Advance Gold News Release dated 2020-08-26).

Japan Gold Provides Update on Barrick Alliance Activities

Wednesday, April 28, 2021 - 1:30pm

The Hokusatsu Region is Japans\' largest gold producer with low-sulphidation epithermal deposits recording a combined production of over 11 million ounces1,2,3,4.

Key Points: 
  • The Hokusatsu Region is Japans\' largest gold producer with low-sulphidation epithermal deposits recording a combined production of over 11 million ounces1,2,3,4.
  • The Company has a country-wide alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects.
  • The Company holds a portfolio of 31 gold projects which cover areas with known gold occurrences, a history of mining and are prospective for high-grade epithermal gold mineralization.
  • Japan Gold\'s leadership team represent decades of resource industry and business experience, and the Company has recruited geologists, drillers and technical advisors with experience exploring and operating in Japan.

NOVAGOLD Issues its 2020 Integrated Annual Report and Sustainability Summary with its Hallmark Questions and Answers Section 

Monday, April 26, 2021 - 1:30pm

Dr. Thomas S. Kaplan\xe2\x80\x99s Chairman\xe2\x80\x99s Letter, entitled \xe2\x80\x9cModern Monetary Theology for a World in Flux\xe2\x80\x9d, summarizes for fellow shareholders his thoughts on the current state of the gold industry and the emergence of cryptocurrencies; elaborates on his history with the Company as well as its strategy; speaks about NOVAGOLD\xe2\x80\x99s strong alliances with Barrick Gold Corporation and our Native Corporation partners in Alaska; highlights the unique attributes of the Donlin Gold project; and presents the importance of the Company\xe2\x80\x99s singular focus on sustainability and ESG\xc2\xa0as we bring Donlin Gold up the value chain.\nIn NOVAGOLD\xe2\x80\x99s President and CEO Message to Shareholders, Greg Lang summarizes the remarkable outcome of the highly successful 2020 Donlin Gold drill program.

Key Points: 
  • Dr. Thomas S. Kaplan\xe2\x80\x99s Chairman\xe2\x80\x99s Letter, entitled \xe2\x80\x9cModern Monetary Theology for a World in Flux\xe2\x80\x9d, summarizes for fellow shareholders his thoughts on the current state of the gold industry and the emergence of cryptocurrencies; elaborates on his history with the Company as well as its strategy; speaks about NOVAGOLD\xe2\x80\x99s strong alliances with Barrick Gold Corporation and our Native Corporation partners in Alaska; highlights the unique attributes of the Donlin Gold project; and presents the importance of the Company\xe2\x80\x99s singular focus on sustainability and ESG\xc2\xa0as we bring Donlin Gold up the value chain.\nIn NOVAGOLD\xe2\x80\x99s President and CEO Message to Shareholders, Greg Lang summarizes the remarkable outcome of the highly successful 2020 Donlin Gold drill program.
  • Despite being overshadowed by the COVID-19 pandemic, with zero COVID-19 cases or Lost-Time Incidents on site, the\xc2\xa0largest program of its kind in 12 years\xc2\xa0was completed on time and yielded outstanding results, with higher grade-thickness than had been predicted by previous modelling.
  • Mr. Lang reinforces the Company\xe2\x80\x99s ESG principles and its strong time-tested relationships with the project\xe2\x80\x99s Native Corporation partners, Calista Corporation and The Kuskokwim Corporation,\xc2\xa0with whom NOVAGOLD and Donlin Gold are working to bring long-lasting benefits for future generations of residents in the Yukon-Kuskokwim region.\xc2\xa0In addition, he reviews the Company\xe2\x80\x99s excellent financial position and outlines its 2021 goals and budget.\nIf you would like to receive a hard copy by mail, please send an email request to info@novagold.com .\nNOVAGOLD welcomes comments, questions, or suggestions about the annual report and related information.
  • Please send your feedback to info@novagold.com .\n'

i-80 Continues Building its Operating Team with the Addition of Andy Cole as Senior Metallurgical and Processing Advisor

Tuesday, April 13, 2021 - 11:00am

b'RENO, Nev., April 13, 2021 /PRNewswire/ -i-80 GOLD CORP. (TSX: IAU)("i-80", or the "Company")is pleased to announce that Mr. Andy Cole has been retained to join the i-80 Gold Corp ("i-80" or "the Corporation") Operating Team as Senior Metallurgical and Processing Advisor.

Key Points: 
  • b'RENO, Nev., April 13, 2021 /PRNewswire/ -i-80 GOLD CORP. (TSX: IAU)("i-80", or the "Company")is pleased to announce that Mr. Andy Cole has been retained to join the i-80 Gold Corp ("i-80" or "the Corporation") Operating Team as Senior Metallurgical and Processing Advisor.
  • Andy will work with the Corporation in advancing its portfolio of projects and participate in assessing opportunities to grow its future production profile.\nMr.
  • Cole brings to i-80 more than 34 years\' experience in mine development, processing and production including 20 years of experience at Barrick\'s largest core asset, the Goldstrike Mine in Nevada.
  • Members of i-80 have had previous experience working with Andy as a Barrick representative on the South Arturo Mine joint venture.\nMr.

Advance Gold Begins Drilling the Saldivar Lithium Salar in San Luis Potosi, Mexico

Wednesday, April 7, 2021 - 5:15pm

Kamloops, British Columbia--(Newsfile Corp. - April 7, 2021) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that it has commenced a drilling program at its recently acquired Saldivar lithium salar in San Luis Potosi, Mexico.

Key Points: 
  • Kamloops, British Columbia--(Newsfile Corp. - April 7, 2021) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that it has commenced a drilling program at its recently acquired Saldivar lithium salar in San Luis Potosi, Mexico.
  • This program will test the near surface lithium grade distribution of the salar in preparation for bulk sampling.
  • Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: "We are looking at a two-pronged approach to meet our goals.
  • The remaining 88.55% of the Kakamega project is held by Shanta Gold Limited (project previously owned by Barrick Gold Corporation, for details see Advance Gold News Release dated 2020-08-26).

Nevada-based Mining Companies Stand Strong After Nevada Named "World's Top Mining Destination"

Tuesday, April 6, 2021 - 1:50pm

Mining companies such as Blackrock Silver Corporation (TSXV:BRC) (OTCQB:BKRFF), Barrick Gold Mines (NYSE:GOLD) (TSX:ABX), Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF), Equinox Gold Corporation (NYSE:EQX) (TSX:EQX),and Victory Resources (CSE:VR) (OTCPK:VRCFF) go into more detail about the success they have achieved at Nevada mining sites.

Key Points: 
  • Mining companies such as Blackrock Silver Corporation (TSXV:BRC) (OTCQB:BKRFF), Barrick Gold Mines (NYSE:GOLD) (TSX:ABX), Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF), Equinox Gold Corporation (NYSE:EQX) (TSX:EQX),and Victory Resources (CSE:VR) (OTCPK:VRCFF) go into more detail about the success they have achieved at Nevada mining sites.
  • Barrick stated that the driving force behind the creation of Nevada Gold Mines was the large potential of the Nevada gold fields and prospective gold establishments.
  • With partnerships providing greater growth opportunities, Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF) joined forces with mining company, New Placer Dome Gold Corporation.
  • Equinox has also executed a plan to introduce a US-focused gold production company, "i-80 Gold Corporation", which will operate the Nevada mining portfolio.

Nevada-based Mining Companies Stand Strong After Nevada Named "World's Top Mining Destination"

Tuesday, April 6, 2021 - 1:50pm

Mining companies such as Blackrock Silver Corporation (TSXV:BRC) (OTCQB:BKRFF), Barrick Gold Mines (NYSE:GOLD) (TSX:ABX), Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF), Equinox Gold Corporation (NYSE:EQX) (TSX:EQX),and Victory Resources (CSE:VR) (OTCPK:VRCFF) go into more detail about the success they have achieved at Nevada mining sites.

Key Points: 
  • Mining companies such as Blackrock Silver Corporation (TSXV:BRC) (OTCQB:BKRFF), Barrick Gold Mines (NYSE:GOLD) (TSX:ABX), Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF), Equinox Gold Corporation (NYSE:EQX) (TSX:EQX),and Victory Resources (CSE:VR) (OTCPK:VRCFF) go into more detail about the success they have achieved at Nevada mining sites.
  • Barrick stated that the driving force behind the creation of Nevada Gold Mines was the large potential of the Nevada gold fields and prospective gold establishments.
  • With partnerships providing greater growth opportunities, Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF) joined forces with mining company, New Placer Dome Gold Corporation.
  • Equinox has also executed a plan to introduce a US-focused gold production company, "i-80 Gold Corporation", which will operate the Nevada mining portfolio.

President Magufuli Was a Visionary, Says Barrick

Thursday, March 18, 2021 - 12:50pm

TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) president and chief executive Mark Bristow today said the company mourned with the people of Tanzania at the loss of President John Magufuli, who passed away yesterday.

Key Points: 
  • TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) president and chief executive Mark Bristow today said the company mourned with the people of Tanzania at the loss of President John Magufuli, who passed away yesterday.
  • Bristow described the late president as a visionary statesman who saw the value of a thriving mining sector to his countrys economy and partnered with Barrick in a joint venture, Twiga Minerals Corporation, to manage the companys mines in Tanzania and to share the economic benefits they generated equally between Barrick and its stakeholders in that country.
  • Bristow said Twiga would stand as a monument to the late presidents foresight and should serve as a model for future partnerships between governments and mining companies in Africa.

New Oroperu Announces Filing of NI 43-101 Technical Report Outlining Heap Leachable and Sulfide Resources at Tres Cruces

Thursday, March 18, 2021 - 10:00am

The Company requested certain assurances from Barrick and MBM in connection with the expiration of the option.

Key Points: 
  • The Company requested certain assurances from Barrick and MBM in connection with the expiration of the option.
  • In response, Barrick stated it believed the Company misstated MBM's rights going forward.
  • The Company has carefully considered its position and stands by its conclusion that any right MBM previously held has expired.
  • There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.