Tanzania: Gold's Tragic Dividend
Over the past decade UK-listed African Barrick Gold has become the largest gold producer in Tanzania. In 2010 the company budgeted a total of $20.4 million for protection at all…
Argentinian judge grants glacier law exemptions for Pascua Lama
…judge’s action is clearly aimed at facilitating construction of Barrick Gold’s much-delayed Pascua Lama gold mine. See http://www.minesandcommunities.org/article.php?a=10501. Barrick is a Canadian company but London-based AXA Investment Managers UK Ltd…
African Barrick looking in west, north-east Africa for potential M&A
LSE-listed African Barrick Gold sees west Africa, as well as in the Nubian Shield in the north-east, as particularly prospective regions, CEO Greg Hawkins said in Toronto on Friday. The…
Barrick Gold encounters problems in Dominican Republic
…involving Barrick Gold and Goldcorp is making a $3 billion investment to reopen the Pueblo Viejo mine and plans to begin extracting gold, silver and other minerals late next year….
African Barrick profit slips on lower production
London-listed African Barrick Gold said that its profit fell by 8% to $39,9-million in the third quarter, after production from its mines in Tanzania declined. The group’s overall gold production…