Barrick Gold

Barrick Gold is Facing a $9.3 Million Fine Over Cyanide Spill in Argentina Last Year

Due to a cyanide spill in a mine in Argentina, Canadian-owned Barrick Gold is facing a fine of $9.3 million imposed by the local government. Nine current and former employees are also being held as defendants over accusations of negligence that caused the spill.

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China Gold eager to buy gold, copper mines in Canada

China Gold International, a Vancouver-based gold miner, is interested in acquiring gold or copper mines in Canada, but is not willing to overpay for it. China Gold is backed by China's biggest gold producer China National Gold.

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Top deals of the day - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday including Sinopec, Apache, AMR, US Airways, Deutsche Bank, EDF, Oxford, Andor, Bank Zachodni WBK, Shuanghui, Campofrio, OCZ, Toshiba and CVS Caremark.

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Teck, Newmont, Blackstone, Magris consortium new contender for Las Bambas in Peru

Teck Resources, Newmont Mining, Magris Resources and private equity firm Blackstone Group are reportedly bidding for Glencore Xtrata's Las Bambas copper mine in Peru. Las Bambas' estimated end-2014 valuation is at USD6.9 billion.

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Barrick and Goldcorp seek sale of Nevada mine

Canadian large-scale gold mining companies Barrick Gold and Goldcorp have separately hired banks to explore the sale of their jointly owned Marigold mine in Nevada.

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Barrick Gold halts project, offers shares to raise funds

The halt of its Pascua-Lama project as well as gold price decline had forced Barrick Gold to sell of shares to raise much needed funds.

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Barrick Gold considers equity investment to reduce debt and raise cash

Barrick Gold reviewed options for raising cash and reducing debts

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Newmont Mining eyes more gold or copper mine purchases

Newmont Mining Corp CEO Gary Goldberg said they were looking at potential mine acquisitions as the value of gold fell.

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Barrick considers US$5.5 billion writedown on Pascua-Lama

Barrick Gold Corp may take a writedown of about US$5.5 billion for its Pascua-Lama venture after gold's value shrunk.

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Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies.

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