Barrick Gold

World's Mineral Leaders Gather in Riyadh to Attend Third Edition of Future Minerals Forum

Retrieved on:

Tuesday, October 3, 2023

RIYADH, Saudi Arabia, Oct. 3, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Recourses announced that over 200 speakers, including CEOs from the world's foremost mineral companies, are set to attend the third edition of the Future Minerals Forum (FMF), which is scheduled to take place from January 9-11, 2024, at the King Abdulaziz International Conference Center in Riyadh.

Key Points:

"FMF is a government-led initiative, serves as a vital platform for fostering partnerships among global investors, mining firms, and stakeholders.
With a focus on the super region covering Africa, Western and Central Asia, FMF amplifies the voices of mineral suppliers, facilitating their pivotal role in the global green transition.
In doing so, FMF supports economic development by uniting decision makers, driving investment, and promoting responsible mining, processing and manufacturing industries needed for supplying clean energy and goods."
said His Excellency the Vice-Minister of Industry and Mineral Resources for Mining Affairs, Khalid Al-Mudaifer.

Twiga Partnership Shows the Transformative Impact of Mining, Says Barrick

Retrieved on:

Friday, September 29, 2023

Workforce, Partnership, Miner, Tax, GOLD, MARA, Government, Non-governmental organization, Bristow, Developed country, Mining, TSX, Barrick, Barrick Gold, NYSE, Renewable energy, Bulyanhulu Gold Mine, North Mara Gold Mine

NORTH MARA GOLD MINE, Tanzania, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and the Tanzanian government are demonstrating how mining can be an enormous force for good when miners and their host governments work together to create sustainable value for all stakeholders, says president and chief executive Mark Bristow.

Key Points:

Since taking over the two moribund mines in 2019, Barrick has transformed them into a world-class gold mining complex making a substantial contribution to the company’s bottom line.
The mines spent 84% of their procurement budgets with local companies, and Tanzanian citizens account for 96% of their workforce.
In the same spirit of partnership, Barrick has committed $40 million to a roadbuilding program and a further $30 million to the improvement of the country’s education facilities.
“Our Twiga partnership is not only adding value to the Tanzanian economy but to the quality of the lives of the communities around its mines as they continue to grow.

Barrick Welcomes Nevada Governor Joe Lombardo and His Delegation to Canada

Retrieved on:

Wednesday, September 27, 2023

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TORONTO, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today welcomed Nevada Governor Joe Lombardo and members of his economic team as part of the governor’s two-day trade mission to Canada.

Key Points:

TORONTO, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today welcomed Nevada Governor Joe Lombardo and members of his economic team as part of the governor’s two-day trade mission to Canada.
Canada is Nevada’s largest trading partner and Barrick is the largest Canadian company operating in Nevada through Nevada Gold Mines (NGM), the world’s biggest gold mining complex.
Barrick is one of the highest taxpayers in the state, as well as one of Nevada’s biggest employers with a workforce of over 12,000 employees and contractors.
“Our company is proud of our historic relationship with Nevada which dates back 36 years when we bought the Goldstrike mine in Eureka County.

American Future Fuel Bolsters Leadership with Appointment of Former Technical Lead & Global Structural Geologist of Newmont Corp, Michael Henrichsen, to Board of Directors

Retrieved on:

Tuesday, September 26, 2023

CSE, WKN, Barrick Gold, Newmont, Acute and obtuse triangles, K14, CAD, History, AMPS, Auryn, Lead, Sale, Gold, Margarita, Golden Triangle, Mining, Homestake, Copper, Torc, Goldcorp

Mr. Henrichsen’s extensive expertise as a structural geologist and his remarkable track record in enhancing reserves and resources make him a valuable addition to the Company’s leadership team.

Key Points:

Mr. Henrichsen’s extensive expertise as a structural geologist and his remarkable track record in enhancing reserves and resources make him a valuable addition to the Company’s leadership team.
His leadership was instrumental in unearthing a significant amount of gold, representing a blend of newfound discoveries and substantial resource extensions.
Auryn Resources: 2015 – 2020: Mr. Henrichsen served as the Technical Lead, spearheading the assembly of a project portfolio spanning Canada and Peru.
With Mr. Henrichsen’s appointment, American Future Fuel is confident in its ability to maximize its potential and achieve success in the industry.

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on:

Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold. A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%. The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand). The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points:

A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on:

Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold. A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%. The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand). The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points:

A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

O3 Mining Reports Results from Upper Camflo Drill Program, Marban Alliance

Retrieved on:

Thursday, August 24, 2023

OIII, Barrick Gold, Gold, Mining, Hyperaccumulators table – 2 : Nickel, Val-d'Or, Oil

TORONTO, Aug. 24, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the final results of its 1,806 metre drill program completed over the Upper Camflo area (North-West of the Kierens pit), within the Marban Alliance project, in Val-d'Or, Québec, Canada.

Key Points:

TORONTO, Aug. 24, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the final results of its 1,806 metre drill program completed over the Upper Camflo area (North-West of the Kierens pit), within the Marban Alliance project, in Val-d'Or, Québec, Canada.
O3 Mining drilled eight holes for a total of 1,806 metres over the Upper Camflo area along the up-dip extension of a gold-bearing structure identified during the compilation of historical exploration drilling completed by Barrick Gold on the former Camflo mine.
The Upper Camflo drill program tested an area of 800 metres along strike for near surface gold mineralization near the border of the property.
Over the course of the 2021-2022 drill program, a total of 6,338 metres in 2 drill holes and 3 wedges were drilled on the Camflo Extension.

Golden Minerals Reports Second Quarter 2023 Financial Results

Retrieved on:

Wednesday, August 9, 2023

Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending June 30, 2023.

Key Points:

Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending June 30, 2023.
The Rodeo mine (Durango State, Mexico) reported second quarter 2023 payable production of 1,828 ounces (“oz.”) gold and 7,742 oz.
The Company began selling slag, a by-product of the Rodeo mine’s smelting process, during the second quarter 2023, and recorded slag sales of $0.2 million.
Net loss was $1.5 million or $0.21 per share in the second quarter 2023, compared to a net loss of $2.8 million or $0.42 per share in the second quarter 2022.

Triple Flag Announces Record Q2 2023 Results and Dividend Increase

Retrieved on:

Tuesday, August 8, 2023

Dividend: Triple Flag’s Board of Directors declared a quarterly dividend of US$0.0525 per common share that will be paid on September 15, 2023, to the shareholders of record at the close of business on August 31, 2023.

Key Points:

Dividend: Triple Flag’s Board of Directors declared a quarterly dividend of US$0.0525 per common share that will be paid on September 15, 2023, to the shareholders of record at the close of business on August 31, 2023.
This increases the annualized dividend by 5% from US$0.20 per common share to US$0.21 per share and is Triple Flag’s second consecutive annual increase of the dividend since its May 2021 initial public offering.
Team: Subsequent to quarter end, David Lee joined Triple Flag as Vice President, Investor Relations.
Fosterville (2.0% net smelter return (“NSR”) gold royalty): Royalties from Fosterville in Q2 2023 equated to 1,697 GEOs.

Barrick Declares Q2 Dividend

Retrieved on:

Tuesday, August 8, 2023

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TORONTO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the second quarter of 2023. The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of 2022.

Key Points:

TORONTO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the second quarter of 2023.
The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of 2022.
The Q2 2023 dividend will be paid on September 15, 2023 to shareholders of record at the close of business on August 31, 2023.
“As a result of the continuing overall strength of our business and balance sheet, we have maintained the distribution of a robust base dividend to our shareholders, while our Performance Dividend Policy provides the potential for additional upside going forward,” said senior executive vice-president and chief financial officer Graham Shuttleworth.