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Barrick Gold Corporation (USA)(NYSE:ABX) Focused On Reducing Debt

Miner firms including Barrick Gold Corporation (USA)(NYSE:ABX) are focused on boosting efficiency and reducing debt after a 40% decline in gold prices, leaving investment bankers expecting a wave of consolidation in the coming period. Still, while merger and acquisitions activity has been at a lower side of late, major producers like Barrick Gold, and Newmont […]

Gold Leaching At Barrick Gold Corporation (USA)(NYSE:ABX)’s Veladero Mine To Remain Suspended

Barrick Gold Corporation (USA)(NYSE:ABX) reported Pablo Oritja, a judge instructed them that gold leaching at company’s Veladero mine in Argentina will stay suspended until they provide an improved technical maintenance and inspection design after a defective valve resulted in a cyanide leak. The decision Oritja initially stated a five-day halt to the gold leaching operations, […]

Who Is The Head Of Barrick Gold Corporation (USA)(NYSE:ABX)’s Business Performance?

Barrick Gold Corporation (USA)(NYSE:ABX)’s named Catherine Raw as head of business performance. He is an executive of BlackRock, Inc. (NYSE:BLK) and also co-manager of one of its mining funds. She headed the mining fund with veteran Evy Hambro since 2011. BlackRock disclosed in March that Raw will leave the company to take a corporate role […]

Will Round Mine Production Pause Impact Kinross Gold Corporation (USA) (NYSE:KGC) Much?

Boston, MA 10/10/2014 (wallstreetpr) – Kinross Gold Corporation (USA) (NYSE:KGC) drove down the hill on Thursday as its stock price hit $3.04, representing a 5.88% decline over the day. The negativity in the stock prices resulted from the company’s announcement of suspension of operations at Round Mountain mine in Nye Country, Ny. The decision comes […]

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