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Barrick's first-quarter gold output falls nearly 9%

Barrick’s first-quarter gold output falls nearly 9%
Reuters
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Miner Barrick on Thursday reported a near 9% fall in its first-quarter gold production from the previous quarter, dented in part by lower grades at its Pueblo Viejo mine in the Dominican Republic.
The company’s total preliminary gold production fell to 1.10 million ounces in the quarter ended March 31 from 1.21 million ounces in the previous quarter. ....

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Combination with Freeport had a lot of logic: Barrick CEO

By Reuters Staff
2 Min Read
FILE PHOTO: CEO of Randgold Mark Bristow poses for a photograph at the London Stock Exchange, London, Britain November 6, 2018. REUTERS/Henry Nicholls
TORONTO (Reuters) - Barrick Gold Chief Executive Mark Bristow said on Monday a combination with copper miner Freeport McMoRan “had a lot of logic to it” even though a deal between the companies did not pan out.
Freeport CEO Richard Adkerson told Reuters last week that he has no desire to combine Freeport with Barrick or another gold producer, saying such a deal didn’t make sense.
“That’s Richard’s position and I respect that,” Bristow said during a webcast at the BMO Capital Markets Metals and Mines conference. “It didn’t work out, but it certainly had a lot of logic to it.” ....

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Barrick CEO says tie-up with Freeport would have been logical move

By Reuters Staff
2 Min Read
FILE PHOTO: CEO of Randgold Mark Bristow poses for a photograph at the London Stock Exchange, London, Britain November 6, 2018. REUTERS/Henry Nicholls
TORONTO (Reuters) - Barrick Gold Chief Executive Mark Bristow said on Monday a combination with copper miner Freeport McMoRan “had a lot of logic to it” even though a deal between the companies did not pan out.
Freeport CEO Richard Adkerson told Reuters last week that he has no desire to combine Freeport with Barrick or another gold producer, saying such a deal didn’t make sense.
“That’s Richard’s position and I respect that,” Bristow said during a webcast at the BMO Capital Markets Metals and Mines conference. “It didn’t work out, but it certainly had a lot of logic to it.” ....

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Japan Gold Corp.: Barrick Alliance Approves 2021 Budget for Completion of Regional Exploration Programs Across Japan

Japan Gold Corp.: Barrick Alliance Approves 2021 Budget for Completion of Regional Exploration Programs Across Japan
Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (the
Company ) is pleased to announce approval by the Barrick Alliance of a USD $4 million dollar budget, solely funded by
Barrick Gold Corporation, to complete the proposed 2021 regional exploration work programs. The approved 2021 budget and work programs will complete the 2-year Initial Evaluation Phase regional exploration over the expanded 29 project portfolio covering 1,889 square kilometers, with Japan Gold acting as the Operator.
Regional exploration programs commenced following formation of the Barrick Alliance on February 23, 2020. The exploration programs are aimed at identifying new gold prospects through the systematic sampling of stream sediments for bulk leach extractable gold ( BLEG ), and gold and multi-element pathfinder analysis of rock samples. Geophysical gravity surveys are also bein ....

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Barrick adjusted profit more than doubles on higher gold prices

Canadian miner Barrick Gold Corp reported a quarterly profit on Thursday that beat analysts' estimates, helped by a jump in gold prices due to coronavirus-induced economic uncertainty. ....

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