ENPNewswire-August 28, 2019--K92 MINING PAYS US$12.5 MILLION TO ELIMINATE CONTINGENT PAYMENT TO BARRICK GOLD CORPORATION
Barrick Gold Corporation
reported second quarter production of 1.353 million ounces of gold in line with the solid base (1.367 million ounces) set in Q1 and driven by strong performances at Loulo-Gounkoto in Mali and Veladero in Argentina.
TORONTO, August 12, 2019 -- Barrick Gold Corporation
(NYSE:GOLD)(TSX:ABX) today announced that its Board of Directors has declared a dividend for the second quarter of 2019 of $0.04 per share, payable on September 16, 2019 to shareholders of record at the close of business on August 30, 2019.
Barrick Gold Corporation
(NYSE:GOLD) reported second-quarterly earnings of 9 cents per share.
Porgera is operated by barrick niugini limited, a joint venture between barrick gold corporation
(nyse:gold) (tsx:abx) and zijin mining company.
Barrick (Niugini) Limited ("BNL"), a joint operation between Zijin Mining Group Co., Ltd.* (the "Company") and Barrick Gold Corporation
("Barrick") in Papua New Guinea (the Company and Barrick each own 50% of shareholding interest respectively), owns 95% interest of the Porgera gold mine project.
Under a 'deed of waiver and consent', BHP Billiton sold 75% of its stake, 37.5% to Chile's Antofagasta and 37.5% to Canadian Barrick Gold Corporation
. Reports indicate that for establishing the Tethyan Copper Company and then selling it to the Chileans and the Canadians, BHP Billiton stands to make over US$ 75 billion over the life of the project.
Canadian Barrick Gold Corporation
is the gold industry leader, with 25 operating mines and a pipeline of large, long-life projects located across five continents.
Acacia Mining PLC (LON:ACA) chief executive Peter Geleta tells Proactive London they've reached agreement on the terms of a recommended offer by Barrick Gold Corporation
It is a key initiative for Nevada Gold Mines, a joint venture launched earlier this month and owned 61.5% by Barrick Gold Corporation
, which operates it, and 38.5% by Newmont Goldcorp.
Canada's Barrick Gold Corporation
, the world's biggest gold mining firm, has launched a hostile takeover of its American rival, Newmont Mining Corporation, the world's second biggest gold mining firm.
The decision had gone in favour of Tethyan Copper Company (TCC) - a joint venture between Antofagasta of Chile and Barrick Gold Corporation
of Canada - which filed the case in 2011 claiming that Pakistan had unlawfully denied a mining lease.