Precious Metals

Barrick Gold mulls $1B expansion of Pueblo Viejo mine

President and CEO Mark Bristow said the company expected to complete a feasibility study for the project, which could extend the liefe of the mine into the 2030s, next year.

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Barrick’s bid for Acacia an “appropriate” and “elegant” solution to Tanzania’s woes — CEO

The $285-million takeover bid, considered by some analysts and Acacia’s minority shareholders as a low, would see the world’s second largest gold miner buying the remaining 35% of the African miner it does not already own, at a discount.

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Newcrest starts drilling at Greatland Gold’s project in Western Australia

The exploration activities, part of a joint venture the two companies signed in March, aim to define the extent of mineralization along strike and at depths to 1,000m below surface

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Acacia blames Barrick for barring it from Tanzania talks, mulls takeover bid

Comments come after parent company Barrick Gold proposed to acquire all of the shares it does not already own in the Tanzanian miner.

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