Barrick executives appointed to Equinox board

Five Equinox Minerals board members resigned on Friday, as Canadian gold major Barrick Gold’s offer for the ASX- and TSX-listed company became unconditional. Co-founder and CEO Craig Williams, as well as David McAusland, David Mosher, Jim...

Barrick extends C$7.3bn Equinox offer to June 14

Canadian gold major Barrick Gold has extended its takeover offer for ASX- and TSX-listed Equinox Minerals to June 14, and has declared the offer unconditional. Barrick and its affiliates now collectively hold around 747-million shares in...

Daily podcast – July 31, 2009

In today's podcast: Anglo American's earnings for the first half of the year fall 68,5%; and Barrick Gold reports that the company is making headway in cutting costs.

The search for lasting solutions to a deadly trade

Since the global financial crisis hit the mining industry, a dramatic drop in demand and the closure of certain operations has seen an increase in the illegal mining trade in Africa.

Paladin appoints new finance chief

Australian-miner Paladin, which owns some of Southern Africa’s most advanced uranium projects, has appointed Ross Glossop as CFO on July 18. Glossop, who joins Paladin from Oceana Gold, would replace Ron Chamberlain, who has resigned to pursue...

Funding crunch means more juniors up for grabs – Kinross chief

The credit crisis in western financial markets has created more opportunities for large and mid-tier gold companies to target juniors, many of whom are struggling to finance the exploration and development of their projects, Kinross Gold CEO Tye...

Emperor moves to replenish asset base with Indonesian exploration deal

The South East Asian subsidiary of embattled gold producer DRDGold, Emperor Mines, announced on Monday that it signed an agreement with a group of investors to explore a gold, silver and copper project in eastern Java, Indonesia.

Mining major not satiated by South Deep

Cash-flush South African gold mining major Gold Fields Limited (GFL) is still on the prowl for greenfield, brownfield and acquisition opportunties, in addition to its recent $1,525-billion ($1,2-billion of it in cash) pounce on the country�s...

Pascua-Lama project, Chile and Argentina

The Pascua-Lama project is the first binational mining project in the world. The deposit is located on the border between Chile and Argentina. The Mining Integration Treaty between the countries and a specific protocol signed for Pascua-Lama...

Barrick-Placer together create world's biggest

South Africa's gold-mining predominance slipped away for the second time last week with the merging of Barrick and Placer Dome, which formed the world's largest gold-mining company. The first slip occurred when one-time production leader AngloGold...

Barrick-Placer together create world's biggest gold group

South Africa’s gold-mining predominance slipped away for the second time last week with the merging of Barrick and Placer Dome, which formed the world’s largest gold-mining company.

SA regulatory approval for Barrick deal

Gold major Barrick Gold has announced that it has received regulatory approval from the South African Competition Tribunal in connection with its offer to acquire all the outstanding shares of Placer Dome.