Barrick Gold Corp (ABX)

[NYBob]

Senator Cortez Masto Meets with Nevada Gold Mines Leadership
T.ABX |
ELKO, Nevada, Aug. 26, 2019 (GLOBE NEWSWIRE) --
In a scheduled visit to rural Nevada to engage with stakeholders and communities, United States Senator Catherine Cortez Masto visited the Nevada Gold Mines (NGM) headquarters in Elko today, meeting with senior leadership and employees.

Senator Cortez Masto shared her condolences and talked with employees about the tragic bus accident on Saturday. The visit provided the opportunity for Senator Cortez Masto to engage with NGM leadership to learn more about the social and economic benefits generated by the company for the state of Nevada, and its focus on safe and sustainable operations to create value for all stakeholders. In addition, the senator heard about NGM’s commitment to growing and training its current and future workforce in Nevada.

Benefits from the formation of the world’s largest gold mining complex, a joint venture between Barrick Gold Corporation (61.5%) as the operator and Newmont Goldcorp Corporation (38.5%), were shared with the senator.

Greg Walker, NGM Executive Managing Director, said the meeting was another step towards building and maintaining strong partnerships with key stakeholders and community organizations in northern Nevada and across the state.

“Nevada Gold Mines was honored to host Senator Cortez Masto,” said Walker. “The senator expressed her deepest condolences following Saturday’s terrible bus accident. Her support means a lot to everyone on our Nevada Gold Mines team, and we’d like to thank her for her kind words. We also appreciate her interest in our current and future business. With our operations and employees based here in Nevada, we are proud of our contribution to the state’s economy as well as the ongoing development of local communities. We look forward to maintaining our leadership role as a key employer and business partner in the region and an active and responsible corporate citizen to the state and the nation.”

Enquiries:
Mark Bristow
Chairman
Nevada Gold Mines
[phone]
[phone]
Greg Walker
Executive Managing Director
Nevada Gold Mines
[phone]
Kathy du Plessis
Barrick Investor and
Media Relations
[phone]
[e-mail]
Website: www.barrick.com

Cautionary Statement on Forward-Looking Information
Certain information contained or incorporated by reference in this press release, including any information as to Barrick’s strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “believe”, “expect”, “plan”, “project”, “mission”, “potential”, “may”, “will”, “can”, “should”, “could”, “would”, and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to: (i) the potential of the mining operations and growth projects of Nevada Gold Mines; (ii) potential mineralization, and potential for growth projects to provide employment opportunities and contribute to the local economy; and (iii) Nevada Gold Mine’s mission to create long-term value for stakeholders.

Forward-looking statements are necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by Barrick as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, are inherently subject to significant business, economic, and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements, and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: fluctuations in the spot and forward price of gold, copper, or certain other commodities (such as silver, diesel fuel, natural gas, and electricity); the speculative nature of mineral exploration and development; changes in mineral production performance, exploitation, and exploration successes; risks associated with projects in the early stages of evaluation, and for which additional engineering and other analysis is required;; failure to comply with environmental and health and safety laws and regulations; timing of receipt of, or failure to comply with, necessary permits and approvals; uncertainty whether some or all of targeted investments and projects will meet the Company’s capital allocation objectives and internal hurdle rate; changes in national and local government legislation, taxation, controls or regulations and/ or changes in the administration of laws, policies and practices, expropriation or nationalization of property and political or economic developments the United States, and other jurisdictions in which the Company or its affiliates do or may carry on business in the future; damage to the Company’s reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to the Company’s handling of environmental matters or dealings with community groups, whether true or not; litigation and legal and administrative proceedings; risks associated with working with partners in jointly controlled assets; employee relations including loss of key employees; increased costs and physical risks, including extreme weather events and resource shortages, related to climate change; and availability and increased costs associated with mining inputs and labor. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion, copper cathode or gold or copper concentrate losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks).
Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Specific reference is made to the most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed discussion of some of the factors underlying forward-looking statements and the risks that may affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements contained in this press release.

Barrick disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

image: https://www.globenewswire.com/newsroom/ti?nf=NzY5ODkxOSMzMDg4MjEyIzIwMDM5MTQ=


GlobeNewswire
August 26, 2019 - 5:00 PM PDT
Tags:
GOLD

[NYBob]

Update Concerning Acacia Mining plc (“Acacia”)
Barrick Gold (NYSE:ABX)

Barrick Gold Corporation (NYSE: GOLD)(TSX: ABX) (“Barrick” or the
“Company”) today provides the following update in relation to Acacia.
Barrick met today with the Directors and senior management of Acacia
and presented a proposal to acquire all of the shares it does not
already own in Acacia through a share for share exchange of 0.153
Barrick shares for each ordinary share of Acacia (the “Proposal”).
The Proposal assumes that no further dividends will be paid
by Acacia following the date of the Proposal.
The exchange ratio is based on the 20-day volume weighted average
trading prices of Acacia and Barrick as at market close in London and
New York on 20 May 2019.
This implies a value for Acacia of US$787 million and total
consideration to the minority shareholders of Acacia of US$285 million.

https://ih.advfn.com/stock-market/NYSE/barrick-gold-ABX/stock-news/79968891/update-concerning-acacia-mining-plc-acacia

Barrick has been negotiating with the Government of Tanzania (“GoT”) for the last two years to seek a basis for a settlement of Acacia’s ongoing disputes with the GoT and to establish a viable framework under which Acacia could resume its full operations in Tanzania and rebuild its relationships with the GoT. While a basis for a settlement has been developed but not finalized, in meetings this past weekend, the GoT stated that it is not prepared to enter into a settlement directly with Acacia.

As a consequence of the negotiations with the GoT, Barrick has had the opportunity to undertake detailed due diligence on the Acacia assets and on the basis of this work has concluded that the Proposal on the terms set out above reflects the fair value of the company. Since the Proposal is in Barrick shares, the Acacia minority shareholders will be able to benefit from any future potential upside in both the Acacia assets and Barrick’s broader portfolio of assets.

The Proposal is subject to the satisfaction of a number of customary conditions, including receiving the recommendation of the Acacia Board. Barrick reserves the right to waive all or any of such conditions at its discretion. The Proposal does not constitute an offer or impose any obligation on Barrick to make an offer. There can be no certainty that any offer for Acacia will ultimately take place, nor as to the structure of any such offer, should one be forthcoming, even if the pre-conditions are satisfied or waived. Barrick reserves the right to: (a) vary the form and/or mix of consideration referred to in this announcement and/or introduce other forms of consideration; and (b) make an offer or other proposal on less favorable terms than an exchange ratio of 0.153 Barrick shares for each ordinary share of Acacia referred to in this announcement with the agreement, recommendation or consent of the board of Acacia.

Barrick will have the right to reduce the number of new Barrick shares that Acacia minority shareholders will receive under the terms of the Proposal by the amount of any dividend (or other distribution) which is declared, paid or made by Acacia to Acacia shareholders.

This announcement does not amount to a firm intention to make an offer under Rule 2.7 of the Code, which regulates the making of offers for public companies listed in the UK.

In accordance with Rule 2.6(a) of the Code, Barrick must, by not later than 5.00 p.m. on 18 June 2019, either announce a firm intention to make an offer for Acacia in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the UK Takeover Panel in accordance with Rule 2.6(c) of the Code.

A further announcement will be made as and when appropriate.

Barrick Enquiries:

Investor and Media Relations
Kathy du Plessis
T: [phone]
[e-mail] Deni Nicoski
Senior Vice President Investor Relations
T: [phone]
[e-mail]
Website:
www.barrick.com

[nowwhat2]

Ah yes.....

[nowwhat2]

Interesting - Thanks


2 1/2 months ago :



4 days later : (began a fall to $ 16)





2 months later : * From $ 16 has rallied up to $ 22






Anyhoo.....Sounds like Barrick's got some cash now to buy out a junior

Would like it to be K-92

[NYBob]

Barrick Gold joint venture awarded $5.4-billion payout over Pakistan mining lease dispute
NIALL MCGEE MINING REPORTER
PUBLISHED 2 HOURS AGO
UPDATED JULY 15, 2019
0 COMMENTS


The World Bank has ordered Pakistan to pay a joint venture (JV) operated by Barrick Gold Corp. and Chile’s Antofagasta PLC US$5.4-billion in damages stemming from a multiyear dispute over a mining lease.

The fracas dates back to 2011 when the Balochistan province in Pakistan rejected the JV’s attempts to secure a mining lease for the Reko Diq copper-gold project. Barrick and Antofagasta appealled the decision and launched an international arbitration claim shortly after.

Barrick and Antofagasta claim they would have invested US$3.3-billion into the construction of Reko Diq in the Balochistan province of Pakistan if the project had gone ahead.

The JV, called Tethyan Copper Company Pty Limited, also spent US$220-million in development costs before Pakistan halted the project.

The payment comprises US$4.1-billion, the fair market value of the project when the lease was denied and accumulated interest of $1.75-billion.

Barrick and Antofagasta both indicated a willingness to come to a negotiated settlement with Pakistan in dual statements.

Shares in Toronto-based Barrick were up about 0.5 per cent in premarket trading in New York.

https://beta.theglobeandmail.com/business/industry-news/energy-and-resources/article-barrick-gold-joint-venture-awarded-54-billion-payout-over-pakistan/

[NYBob]

Deutsche Bank mass-firings first domino in global downturn?

https://www.youtube.com/watch?v=ahqQcAQByYE


mick thank you, HUGE REVIEW MY FRIEND/ 'Premier Gold Mines Ltd. (TSX:PG)'

Gold $2,000 by year end. Broken markets Broken currencies -
7-8-19 David Roche -

https://www.youtube.com/watch?v=yV1kvEUFlr8



Trump Nominates Gold Standard Advocate To Fed Board -

https://www.youtube.com/watch?v=dMB8_f_kLnU


Dr. Judy Shelton Discusses Treasury Convertible to Gold Instrument -

https://www.youtube.com/watch?v=T8fmjFpJ-Ko


I'm happy Judy Shelton taking my place on Fed board: Stephen Moore -

https://www.youtube.com/watch?v=_rRQgBNXFn0


Prospective Federal Reserve Board Nominee Judy Shelton -
Judy Shelton: Free market mechanisms can work -

https://www.youtube.com/watch?v=PKD2SgtITrQ


Possible Fed Nominee Shelton Says Monetary Policy Should Support Pro-Growth Agenda

https://www.youtube.com/watch?v=g727MNEgMHI


In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

https://investorshub.advfn.com/secure/post_reply.aspx?message_id=149776456

[NYBob]

South Arturo Property (40% PG)

RE: The Company’s South Arturo Property is operated by Barrick Gold (60%).
Construction of the El Nino underground operation is proceeding ahead
of schedule and some ore has now been intersected in the decline.
Ramp connection is expected in the next two weeks and development of
production level access is anticipated to start July 1st with ore
development commencing during the third quarter followed by mining.

Premier Gold Mines (TSX: PG) - Increasing Production, Strategy, M&A, Gold Price and Share Price.
CRUX Investor
Published on 5 Jul 2019

Interview with Ewan Downie, President and CEO of Premier Gold Mines (TSX:PG)

This team are capable of making deals, partnering with big companies and
getting access to non-dilutory cash. Despite giving guidance to the
market about depleting production at South Arturo mine, their share
price has been punished. They need to focus on delivering +100,000oz.
Lots of Exploration assets at different stages.

Where did it start.

Company page: https://www.premiergoldmines.com


https://www.youtube.com/watch?v=PGDCguhISDs

Three Development Programs Expected to Significantly Increase Future Production
Thunder Bay, June 25, 2019 -

PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to provide an update of ongoing development initiatives at the Company’s South Arturo and Cove properties in Nevada.
Construction of the El Nino underground and Phase 1 open pit mines are progressing, and the Company’s advanced-exploration program has commenced at the 100%-owned Cove Property.

El Nino decline construction is proceeding ahead of schedule at South Arturo
Phase 1 open pit construction is proceeding on schedule at South Arturo
Advanced-exploration program has been initiated at Cove with construction of main power line underway in advance of portal and underground development
“The programs at South Arturo and Cove are aimed at materially increasing the Company’s future production profile”, stated Ewan Downie, President & CEO of Premier.
“Nevada-based exploration will be a primary focus for
the remainder of 2019 as well.”



South Arturo Property (40% PG)

The Company’s South Arturo Property is operated by Barrick Gold (60%).
Construction of the El Nino underground operation is proceeding ahead
of schedule and some ore has now been intersected in the decline.
Ramp connection is expected in the next two weeks and development of
production level access is anticipated to start July 1st with ore
development commencing during the third quarter followed by mining.

Phase 1 open pit construction is proceeding on schedule with more than
5.7 million tons moved year to-date.
Stripping is expected to ramp up in the second half of the year with
up to 16 trucks operating on the property. The main ore zone is
expected to be accessed in the second half of 2020.

Stockpiling of potential heap leach material continues at Phase 1 and
ongoing work suggests some upside in terms of recoveries.
Processing options, which include either constructing a facility on
site or utilizing a facility operated by the Nevada Gold Joint Venture,
are being assessed.

Exploration drilling at the El Niño, the Phase 3 pit project, and at
East Dee will accelerate in the second half of the year with the goal
of increasing reserves and resources.



Cove Property (100% PG)

At the Company’s Cove Property, the first phase of the advanced-
exploration program is now underway.
This work includes a hydrology study with pump test wells and the
construction of a power line into the proposed portal site.
Construction of the portal and proposed underground ramp is scheduled
to commence in Q3-2019.

The Cove deposit represents one of the highest-grade undeveloped gold
deposits in the USA.
The advanced-exploration program will be followed by underground
delineation drilling in advance of completing additional economic work
on the property, a full Feasibility Study, and potentially a bulk
sampling program in advance of full mine development.

A Preliminary Economic Assessment (PEA) was completed for the Cove
(Carve-Out) Project (read May 15, 2018 press release), setting
Premier on a path toward its advanced-exploration program.
Highlights of the PEA include:
Indicated mineral resources of 1,045,000 tons at 0.327 oz/t Au &
0.861 oz/t Ag (948,000 tonnes at
11.22 g/t Au & 29.53 g/t Ag) for
342,000 ounces of gold & 900,000 ounces of silver and
Inferred mineral
resources of 4,037,000 tons at 0.327 oz/t Au & 0.609 oz/t
Ag (3,662,000 tonnes at
11.24 g/t Au & 20.89 g/t Ag) for 1,322,000 ounces of gold &
2,457,000 ounces of silver.
Based on assumptions made in the PEA, an 8-year mining operation
recovering some 740,000 ounces of gold has the potential to host robust
economics (after-tax NPV5 of $142.0 million, and an after-tax internal rate of return of 48%) with low pre-production capital costs.
Encouraged by these positive results, additional permitting is being
completed to gain approvals for future mining at Cove.



McCoy-Cove JV Exploration Update

On April 29, 2019, Premier reported drill results from hole PB19-03R, a
reverse circulation (RC) hole drilled into the Antenna Target on the
McCoy-Cove Property. Results from this first RC hole at Antenna were
deemed significant and warranted twinning of the hole with core for
further validation and to explore through both the entire Favret and
the Dixie Valley lithologies. Given the nature of RC versus core
drilling and the variability inherent in structural-controlled
deposits, some differences were anticipated between the original and
twinned holes.
The core hole twin, PB19-09D, intersected a mineralized zone that was
significantly narrower than the RC hole.
The joint venture team is now assessing the results and determining how
best to continue evaluating the Antenna target.

In January 2018, Premier entered into an agreement with several wholly-
owned subsidiaries of Barrick Gold Corporation whereby Barrick would
hold an option to earn a 60% interest in the exploration portion of
the McCoy-Cove Project (the “Joint Venture Property”) by
spending US$22.5 million in exploration prior to June 30, 2022.



Stephen McGibbon, P. Geo., is the Qualified Person for the information
contained in this press release and is a Qualified Person within the
meaning of National Instrument 43-101.

https://www.premiergoldmines.com/nevada-development-update-



In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[NYBob]

Trump Fed Nominee Says "Yes" To 0% Interest Rates And "Yes" To Gold
Mike Shedlock Mike Shedlock |Posted: Jul 03, 2019 9:12 AM



https://finance.townhall.com/columnists/mikeshedlock/2019/07/03/trump-fed-nominee-says-yes-to-0-interest-rates-and-yes-to-gold-n2549463

Return to Gold Standard

In addition to wanting 0% rates, Shelton seeks a return to the gold standard and has written that central banks ‘are the world’s biggest currency manipulators’

Her Own Words

Please consider Judy Shelton in Her Own Words.

Monetary Policy

Ms. Shelton argues that central banks’ interest-rate moves cause economic disruptions by manipulating currencies in ways that affect global trade.

Curiously, she must think that 0% rates do not cause economic disruptions.

CARTOONS | CLOSE TO HOME
VIEW CARTOON
When asked in a recent interview with the Journal’s opinion page whether the Fed should cut interest rates now, she said, “The answer is yes,” a view that aligns with Mr. Trump’s recent public comments. She said, “When you have an economy primed to grow because of reduced taxes, less regulation, dynamic energy and trade reforms, you want to ensure maximum access to capital.

Monetary Stimulus

Ms. Shelton opposed the Fed’s efforts to stimulate the economy in the aftermath of the recession, arguing that the central bank’s low interest rates and asset purchases enriched the wealthy while putting everybody else at risk of a sharp increase in inflation or a new asset bubble. “It is ironic that concern for wage earners serves to justify money pumping by the Fed that ends up largely benefiting people who have hefty stock-market portfolios, especially at a time when “income inequality” is a major White House theme,” she wrote in a 2014 Journal opinion article published after then-Fed Chairwoman Janet Yellen had addressed Congress. “Perhaps one of our elected representatives on Capitol Hill can explain to Ms. Yellen that when the low-grade fever of perpetual inflation becomes a full-blown economic malady—when the next financial bubble bursts with horrible consequences for the real economy—average Americans will pay the biggest price.”


Once again this is peculiar because 0% interest rates also cause bubbles.

The Gold Standard

Ms. Shelton has repeatedly called for a return to the gold standard, a monetary regime that pegged the value of the dollar to the value of gold. That would make it impossible for the Fed to affect the strength of the dollar through monetary policy, she writes. “For all the talk of a “rules-based” system for international trade, there are no rules when it comes to ensuring a level monetary playing field. The classical gold standard established an international benchmark for currency values, consistent with free-trade principles.

Sorry Judy. You cannot peg the dollar to the price of gold. It does not work.

You can however, make the dollar redeemable in a fixed amount of gold as long as these conditions hold.

The dollar is 100% gold back.Banks cannot lend money into existence.
There is no fractional reserve lending nor MMT madness.
Banks cannot lend money for terms that exceed deposit rights (e.g. Issuing a 2-Year CD and making a loan for 10 years)
The Dollar

Ms. Shelton favors a hard dollar, by which she means one whose value doesn’t fluctuate depending on monetary policy.

Sorry Judy, this is also impossible as stated. The three conditions above again apply.

Think Back to Nixon

For those who do not understand why you cannot peg the dollar to the price of gold, think back to Nixon.

He ended convertibility of dollars to gold because the Bretton Woods agreement pegging an ounce of gold at $35 blew sky high in a mass flight of gold to France.

You cannot have a fixed price of gold with budget deficits and monetary printing out the wazoo.

You can, under strict conditions noted above, allow a dollar to represent a fixed amount of gold. That's the correct way.

The dollar will then buy what it does. Yes, it will be very stable.

Convoluted Thinking

Shelton has clearly convoluted thinking, but arguably she is no worse than anyone else on the Fed.

I welcome the choice if for no other reason than to get gold back into discussion.

https://finance.townhall.com/columnists/mikeshedlock/2019/07/03/trump-fed-nominee-says-yes-to-0-interest-rates-and-yes-to-gold-n2549463

God Bless

[NYBob]

Barrick Gold and Newmont Goldcorp have named their Nevada joint venture company Nevada Gold Mines -




The business will be owned 61.5% by Barrick and 38.5% by Newmont, and will be operated by Barrick.

The company's operations produced 4 million ounces of gold last year.

"Nevada Gold Mines will have three tier one gold mines:
Barrick's Cortez; the combination of Barrick's Goldstrike and
Newmont Goldcorp's Carlin; and
Barrick's Turquoise Ridge with
Newmont Goldcorp's Twin Creeks.
In addition, our Goldrush-Fourmile project has the potential
to become the fourth,"
Barrick CEO Mark Bristow said during a presentation
to stakeholders in Elko.

Barrick said its North American regional head Greg Walker
had been appointed as executive managing director of
Nevada Gold Mines.

Bristow said the JV should be finalised
by the end of this quarter

https://www.mining-journal.com/gold-and-silver-news/news/1362715/barrick-newmont-jv-gets

God Bless America

[NYBob]

Barrick Gold Responds To Acacia; Says Offer Does Reflect Fair Value
Wed, 26th Jun 2019 14:35

(Alliance News) - Barrick Gold Corp on Wednesday reiterated its offer for the remainder of Acacia Mining PLC is reflective of fair value, responding to a previous statement by Acacia.


On Monday, Acacia again had rejected the offer from Barrack - which already owns 64% of Acacia - saying it only would be attractive at a fair price. Acacia also disagreed with Barrick's view on the company's Tanzanian mine plans and criticised Barrick's intervention in negotiations between Acacia and the government of Tanzania.

Responding to this, Barrick said its offer of 0.153 new Barrick share per Acacia share is reflective of value "not taking into account any further discount which could be applied to reflect the significant risk inherent in the Acacia business and remaining uncertainties of any settlement with the government of Tanzania".

Moreover, Barrick said that - "in the absence of a take-private transaction" - it does not see "any credible alternative solution" that would preserve value for Acacia shareholders.

"Barrick has considered the statements made in the Acacia announcement and has concluded that the Acacia announcement contains no information of which Barrick was not already aware. Barrick therefore remains firmly of the view that certain assumptions made by Acacia in relation to its mine plans are not appropriately risked or supportable and that adjustments should be made," said Barrick.

Shares in Acacia were down 1.6% at 183.40 pence on Wednesday afternoon in London.

By Anna Farley; [e-mail]

[NYBob]

Nevada Gold Mines to Open Enormous Opportunities for Stakeholders
NEM, T.ABX | 1 hour ago

ELKO, Nevada, May 09, 2019 (GLOBE NEWSWIRE) -- Nevada Gold Mines, the new joint venture between Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) and Newmont Goldcorp Corporation (NYSE:NEM)(TSX:NGT) (“Newmont Goldcorp”), is a classic case of the whole being more valuable than the sum of its parts, Barrick President and Chief Executive Officer Mark Bristow said today.

At a presentation to local stakeholders, Bristow said the logic for combining the two companies’ Nevada assets has always been compelling, and now we are able to realize the potential by building on decades-long efforts to realize these synergies. Teams from both sides are at present very constructively engaged in integrating the joint venture assets, and this process should be completed at the end of the current quarter.

The name of the new joint venture company was revealed at Barrick’s quarterly results presentation yesterday, and Bristow said its branding reflected the joint venture partners’ deep roots in Nevada, a state rich in gold deposits.

“Nevada Gold Mines will have three Tier One1 gold mines: Barrick’s Cortez; the combination of Barrick’s Goldstrike and Newmont Goldcorp’s Carlin; and Barrick’s Turquoise Ridge with Newmont Goldcorp’s Twin Creeks. In addition, our Goldrush-Fourmile project has the potential to become the fourth,” Bristow said.

“It will be one of the world’s greatest gold mining operations and will create sustainable, long-term value for all its stakeholders, not least the State and people of Nevada.”

Bristow announced that Greg Walker, currently head of operations for Barrick’s North American region, had been appointed as Executive Managing Director of Nevada Gold Mines. He will head a team representing a balanced combination of Barrick and Newmont Goldcorp executives with dynamic energetic talent moving up into leadership positions.

Nevada Gold Mines, owned 61.5% by Barrick and 38.5% by Newmont Goldcorp, will be operated by Barrick. The operations making up the joint venture produced in excess of 4 million ounces of gold in 2018, more than double the next largest gold mining complex.

Barrick Enquiries:

President and Chief Executive Officer
Mark Bristow
[phone]
[phone]

Senior Executive Vice-President and Chief Financial Officer
Graham Shuttleworth
[phone]
[phone]

Investor and Media Relations
Kathy du Plessis
[phone]
Email: [e-mail]

Website: www.barrick.com

Cautionary Statement on Forward-Looking Information

Certain information contained in this press release, including any information as to Barrick’s strategy, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “will”, “potential”, “long-term” and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to: the proposed Nevada joint venture, including estimates of the expected size of the Nevada joint venture and other value-creating opportunities (including estimated synergies and financial benefits); and the expected timing for the completion of integration of assets and operations into the proposed Nevada joint venture.

Forward-looking statements are necessarily based upon a number of estimates and assumptions; including material estimates and assumptions related to the factors set forth below that, while considered reasonable by Barrick as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, are inherently subject to significant business, economic, and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements, and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: fluctuations in the spot and forward price of gold, copper, or certain other commodities (such as silver, diesel fuel, natural gas, and electricity); the ability to realize the anticipated benefits of the proposed joint venture or implementing the business plan for the proposed joint venture, including as a result of a delay in its completion or difficulty in integrating the Nevada assets of the companies involved; the risk that the conditions to formation of the proposed joint venture will not be satisfied; the risk that the focus of management’s time and attention on the proposed joint venture may detract from other aspects of the respective businesses of Barrick and Newmont Goldcorp; the risks associated with each of Barrick’s and Newmont Goldcorp’s brand, reputation and trust; the speculative nature of mineral exploration and development; changes in mineral production performance, exploitation, and exploration successes; diminishing quantities or grades of reserves; changes in national and local government legislation, taxation, controls, or regulations and/or changes in the administration of laws, policies, and practices, expropriation or nationalization of property and political or economic developments in Canada and the United States; timing of receipt of, or failure to comply with, necessary permits and approvals; failure to comply with environmental and health and safety laws and regulations; litigation; increased costs, delays, suspensions, and technical challenges associated with the construction of capital projects; operating or technical difficulties in connection with mining or development activities, including geotechnical challenges, and disruptions in the maintenance or provision of required infrastructure and information technology systems; local and global political and economic conditions; contests over title to properties, particularly title to undeveloped properties, or over access to water, power, and other required infrastructure; employee relations including loss of key employees; increased costs and physical risks, including extreme weather events and resource shortages, related to climate change; and availability and increased costs associated with mining inputs and labor. In addition, there are risks and hazards associated with the business of mineral exploration, development, and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding, and gold bullion, copper cathode, or gold or copper concentrate losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks).

Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Specific reference is made to the most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed discussion of some of the factors underlying forward-looking statements, and the risks that may affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements contained in this press release.

Barrick disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Endnote 1

A Tier One Gold Asset is a mine with a stated life in excess of 10 years with 2017 production of at least 500,000 ounces of gold and 2017 total cash cost per ounce within the bottom half of Wood Mackenzie’s cost curve tools (excluding state-owned and privately-owned mines). For purposes of determining Tier One Gold Assets, total cash cost per ounce is based on data from Wood Mackenzie as of August 31, 2018, except in respect of Barrick’s mines where Barrick may rely on its internal data which is more current and reliable or in relation to Newmont Goldcorp, certain more recent information provided by Newmont Goldcorp which Barrick has not independently verified. The Wood Mackenzie calculation of total cash cost per ounce may not be identical to the manner in which Barrick calculates comparable measures. Total cash cost per ounce is a non-GAAP financial performance measure with no standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. Total cash cost per ounce should not be considered by investors as an alternative to operating profit, net profit attributable to shareholders, or to other IFRS measures. Barrick believes that total cash cost per ounce is a useful indicator for investors and management of a mining company’s performance as it provides an indication of a company’s profitability and efficiency, the trends in cash costs as the company’s operations mature, and a benchmark of performance to allow for comparison against other companies. Wood Mackenzie is an independent third party research and consultancy firm that provides data for, among others, the metals and mining industry. Wood Mackenzie does not have any affiliation to Barrick.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/05e6038f-abd8-4922-8275-f3e7457cd27f

image: https://www.globenewswire.com/newsroom/ti?nf=NzYxOTMyNiMyOTMyNDkwIzIwMDM5MTQ=

image: https://ml.globenewswire.com/media/9fb9d02a-3468-4ab3-b0ff-6d1687ebf784/small/barrick-logo-1-jpg.jpg
Primary Logo
Nevada Gold Mines

image: https://ml.globenewswire.com/media/05e6038f-abd8-4922-8275-f3e7457cd27f/medium/nevada-gold-mines.jpg

Nevada Gold Mines is the new joint venture between Barrick and Newmont Goldcorp. The operations making up the joint venture produced in excess of 4 million ounces of gold in 2018, more than double the next largest gold mining complex.
GlobeNewswire
May 9, 2019 - 6:00 PM PDT
Tags:
GOLD

Read more at https://stockhouse.com/news/press-releases/2019/05/09/nevada-gold-mines-to-open-enormous-opportunities-for-stakeholders#ilc3WAqGCXufIbTv.99

[nowwhat2]

Yeah but.....This can't be good :





This from last Thurs.




PG interesting chart but strike = too deep ?

[NYBob]

Discovery of High-Grade Gold at McCoy-Cove - Antenna Target
Canada NewsWire

THUNDER BAY, ON, April 29, 2019

Initial hole intersects 118.9 m at 4.12 g/t gold and ends in mineralization

THUNDER BAY, ON, April 29, 2019 /CNW/ -

Premier Gold Mines Limited (TSX:PG) ("Premier", "the Company") is
pleased to announce the discovery of high-grade gold mineralization
intersected in the first hole drilled at the Antenna target, located
between the historic Cove and McCoy gold/silver open-pit mines where
Barrick Gold (TSX:ABX) ("Barrick")
Is spending $22.5M to earn a 60% interest in the area surrounding
Premier's wholly owned Cove Deposit.

Highlights of this discovery include:

Discovery of a 118.9 m thick mineralized zone grading 4.12 g/t Au in hole PB19-03R
This includes a higher-grade interval assaying 15.74 g/t Au across 6.1 m starting at a depth of 606.6 m
A second high-grade interval of 5.96 g/t Au across 33.5 m starting at a depth of 691.9 m including 8.08 g/t Au across 12.2 m
PB19-03R is located at the Antenna Target, 800 m southwest of the Helen-Gap deposit
The drill hole was lost at a depth of 725.4 m in mineralization grading 5.59 g/t Au leaving the zone open
"Premier and Barrick geological teams have worked closely in identifying multiple high-quality targets that will be tested in the current drill program", commented Ewan Downie, President & CEO. "The resulting Antenna discovery consists of mineralization contained entirely within the Favret Formation, a highly receptive and underexplored carbonate host rock at McCoy-Cove. On a grade thickness basis, this drill intercept represents one of the most significant ever drilled on the property and terminated in high-grade mineralization".

Table 1 – Composites summary from PB19-03R

PB19-03R

From
m

To

m

Intercept

m

Au

g/t

Composite

606.6

620.3

13.7

10.06

Included

614.2

620.3

6.1

15.74

Composite

691.9

725.4

33.5

5.96

Included

702.6

714.8

12.2

8.08

Composite Total

606.6

725.4

118.9

4.12



The McCoy-Cove Project property, west of the Battle Mountain-Eureka Trend, hosts four distinct mineralization types including Carlin-style, polymetallic sheeted veins, carbonate replacement (manto), and skarn. The McCoy and Cove gold mines produced some 3.3 million ounces of gold and 110.0 million ounces of silver over a 20-year period between 1986 and 2006. Under Premier's stewardship, current mineral resources at the 100%-owned portion now includes 1.05 million tonnes grading 11.21 g/t Au for 0.34 million ounces of gold (Indicated) and 4.04 million tonnes grading 11.25 g/t Au for 1.32 million ounces of gold (Inferred) as released in a 2018 Preliminary Economic Assessment (PEA). Phase 1 drilling is designed to explore the Favret at wide-spaced sites where initial structural and/or chemical precursors have been identified.

Results from this first RC hole at the Antenna target are significant and warrant twinning of the hole with core for further validation and to explore through both the entire Favret and the Dixie Valley lithologies. Given the nature of RC versus core drilling and the variability inherent in structural-controlled deposits, some differences are anticipated between the original and twinned holes. However, a successful validation should not result in a material difference.

Figure 1 - McCoy-Cove Phase 1 Target Locations (CNW Group/Premier Gold Mines Limited)

Phase 1 Exploration Program

During 2018, an integrated data acquisition program including mapping, rock-chip analysis, soil geochemistry and geophysical reprocessing was undertaken to establish a baseline dataset for further exploration. The joint venture then completed 14 holes and 4,738 m of core drilling in an overall $4.4 million program operated by Premier and funded by Barrick. An initial press release detailing results at McCoy-Cove, was made on October 2, 2018. Exploration results from the joint venture and 100%-owned ground together confirm a greater than 4 km footprint of Carlin-style chemistry at McCoy-Cove.

A joint peer review process by the Premier-Barrick teams was conducted in early 2019 which prioritized exploration targets. Each target included in the Phase 1 program was favored for its high-quality profile with the top priorities identified being: Alpha, Windy Point, Saddle South, Antenna, Clara, Beacon and Lighthouse (Figure 1). To date, the 2019 exploration program has completed 4 reverse circulation (RC) drill holes in 2,729 m. The Beacon and Lighthouse areas have shown strong alteration and mineralization (PB19-02R, PB1905R and PG19-03, assay pending). Upcoming targets to be drilled include both Alpha and Windy Point (PB19-06R in progress).

The Antenna Discovery

The Antenna target is defined as a swarm of northeast-striking, northwest-dipping Eocene dikes and faults between McCoy and Cove (Figure 2). Although many of these features were known to be important primary and secondary controls to mineralization in the Cove and McCoy pits, they had not yet been tested at depth in the newly drilled area, until now. Furthermore, only few drill holes have drilled to sufficient depth to intersect the Favret Fm, the favorable carbonate host rock unit, leaving an extended area for further exploration (see black points in Figure 1 and trace in Figure 2). The nearest drill intercept to go through the host rock formation is located 400 m to the west of PB19-03R. This first drill hole validates the high potential represented by these key geological features on the property.

Figure 2 - Longitudinal Section of the Antenna Target Intercept (CNW Group/Premier Gold Mines Limited)

This intercept also contains two higher-grade sections, the first beginning at 614.2 m (2015 ft) hosts 15.74 g/t Au across 6.1 m (20 ft). The second intercept begins at 702.6 m (2305 ft) and hosts 8.08 g/t Au across 12.2 m (40 ft). These two high-grade intercepts (each close to estimated true width) are within a 118.9 m overall interval (390 ft) of mineralization grading 4.12 g/t Au (Table 2). Importantly, hole PB19-03R was lost in mineralization grading 5.59 g/t Au, leaving the final width of the intercept not yet confirmed. A core rig is being mobilized immediately in order to complete this.

Table 2 - Initial assay results and associated composites from PB19-03R

PB19-03R

From

m

To

m

Intercept

m

Au

g/t


606.6

608.1

1.5

22.00


608.1

609.6

1.5

3.09


609.6

611.1

1.5

1.05


611.1

612.6

1.5

0.81


612.6

614.2

1.5

0.62


614.2

615.7

1.5

19.80


615.7

617.2

1.5

1.31


617.2

618.7

1.5

30.00


618.7

620.3

1.5

11.85

Composite Total

606.6

620.3

13.7

10.06

Included

614.2

620.3

6.0

15.74

Composite Total

620.3

691.9

71.6

2.12


691.9

693.4

1.5

7.48


693.4

694.9

1.5

4.77


694.9

696.5

1.5

5.15


696.5

698.0

1.5

5.88


698.0

699.5

1.5

3.35


699.5

701.0

1.5

2.84


701.0

702.6

1.5

2.71


702.6

704.1

1.5

14.35


704.1

705.6

1.5

8.08


705.6

707.1

1.5

7.06


707.1

708.7

1.5

6.88


708.7

710.2

1.5

5.45


710.2

711.7

1.5

7.04


711.7

713.2

1.5

7.55


713.2

714.8

1.5

8.19


714.8

716.3

1.5

3.93


716.3

717.8

1.5

3.91


717.8

719.3

1.5

9.44


719.3

720.9

1.5

6.45


720.9

722.4

1.5

3.18


722.4

723.9

1.5

1.91


723.9

725.4

1.5

5.59

Composite Total

691.9

725.4

33.5

5.96

Included

702.6

714.8

12.2

8.08

Composite Total

606.6

725.4

118.9

4.12



Terms of Earn-In Agreement with Barrick

In January 2018, Premier entered into an agreement with several wholly-owned subsidiaries of Barrick whereby Barrick holds an option to earn a 60% interest in the exploration portion of the McCoy-Cove Project (the "Joint Venture Property") by spending US$22.5 million in exploration prior to June 30, 2022. Barrick intends to assume the Operator role, exercising their right under the agreement to become Operator of the Joint Venture Property. The "Cove Deposit" portion of the McCoy-Cove Project is retained solely by Premier.

The statements contained herein reflect the views of Premier Gold Mines Limited and may not reflect the views of Barrick or its affiliates.

Julie-Anaïs Debreil, Ph. D., P. Geo., is the Qualified Person for the information contained in this press release and is a Qualified Person within the meaning of National Instrument 43 - 101. Assay samples were sent to ALS Laboratories prep facilities located in Elko, Nevada and Reno, Nevada and analysis was performed at their Vancouver, Canada analytical facility utilizing 30-gram fire assay with an AA finish for Au and ICP-MS 48 elements scan from 4-acid digestion for RC and Core samples. For a complete description of Premier's sample preparation, analytical methods and QA/QC procedures refer to the technical report dated June 29, 2018 (effective date March 31, 2018), entitled "Preliminary Economic Assessment for the Cove Project, Lander County, Nevada" located on Premier's website and at www.sedar.com.

Premier Gold Mines Limited is a gold producer with a respected exploration and development pipeline of high-quality precious metal projects in proven, accessible and safe mining jurisdictions in Canada, the United States, and Mexico. Premier remains focused on creating a low-cost, mid-tier gold producer through its two producing gold mines - South Arturo and Mercedes - as well as mine development opportunities at McCoy-Cove in Nevada and Hardrock in Ontario.

Table 3 - Collar coordinates

UTM

Project

Hole ID

North

m

East

m

Elevation

m

Azimuth

Dip

NAD83 Zone 11

Cove

PB19-03R

4464605

481708

1648

135

-80

1 ft = 0.3048 m

Cut-off grade at 1 g/t Au



This Press Release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, including future operations, future work programs, capital expenditures, discovery and production of minerals, price of gold and currency exchange rates, timing of geological reports and corporate and technical objectives. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the risks inherent to the mining industry, adverse economic and market developments and the risks identified in Premier's annual information form under the heading "Risk Factors". There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Premier disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Premier Gold Mines Limited (CNW Group/Premier Gold Mines Limited)

SOURCE Premier Gold Mines Limited


View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2019/29/c7334.html

Ewan Downie, President & CEO, 1.888.346.1390,
[e-mail],
http://www.premiergoldmines.com

https://web.tmxmoney.com/article.php?newsid=5309003012936189&qm_symbol=PG

God Bless

[nowwhat2]

Kind of a Wedge almost





Dollar may be threatening run up

[NYBob]

90 000 gold and platinum jobs at risk as Eskom hikes loom
25TH MARCH 2019
BY: TERENCE CREAMER
CREAMER MEDIA EDITOR

http://www.miningweekly.com/article/90-000-gold-and-platinum-jobs-at-risk-as-eskom-hikes-loom-2019-03-25-1

Minerals Council South Africa's report on the impact of electricity
tariff increases on the industry (0.42 MB) Download

The Minerals Council South Africa is ringing alarm bells over the threat
posed to employment and production in the gold and platinum sectors as
a result of recently approved electricity tariff increases, including
the 13.8% hike to be implemented from April 1.

In addition, the council is warning that the hikes will accelerate the State-owned utility’s own downward spiral as mines and smelters, which currently consume 30% of Eskom’s yearly production, respond by closing unprofitable operations.

ADVERTISEMENT

The body’s revised estimates point to 90 000 gold and platinum jobs being at risk as a result of the increases, approved by the National Energy Regulator of South Africa (Nersa) on March 7. The figure represents a modest improvement on the 150 000 job losses forecast ahead of the regulator’s fourth multiyear price determination (MYPD4) decision.

Some 464 000 people were employed across the mining industry in 2017 and the council estimated earlier this year that about 18 300 of the 53 500 jobs shed in the industry since 2006, when South Africa’s power crisis emerged, could be directly attributed to electricity tariff increases.

ADVERTISEMENT

Nevertheless, the outlook for the gold-mining sector remained especially dire, with the council indicating that only two mines were likely to remain viable at the end of the three-year period. Previously, only one mine, with a yearly output of 20 t, was expected to remain viable. In 2018, the industry is likely to have produced about 132 t of gold.

Nersa has granted Eskom increases of 9.4% for 2019/20, 8.1% for 2020/2021 and 5.2% for 2021/22, following an adjudication of the MYPD4, in which Eskom requested hikes of 17.1%, 15.4% and 15.5% respectively. The State-owned utility would increase tariffs on April 1 by 13.8%, however, given that the regulator had already approved a further 4.41% hike, in line with an earlier adjudication of three regulatory clearing account applications.

Minerals Council South Africa CEO Roger Baxter said on Monday that the “front-loaded” nature of the hikes would hurt all miners as well as smelting operations.

Deep-level gold and platinum miners would be particularly hard hit, however, given that many mines were already unprofitable or marginal, as well as the fact that electricity made up about 25% and 17% respectively of a gold and platinum mine’s cash production costs.

Chief economist Henk Langenhoven said total industry production costs would rise by 29% over the three-year period, which was 12% lower than would have been the case should Nersa not have disallowed R102-billion of revenue sought by Eskom in the MYPD4.

Nevertheless, the outcome was “inconsequential” for the gold sector, potentially only saving about 8 000 jobs. For platinum, the impact was larger, potentially saving 22 800 jobs.

The hikes would further erode the competitiveness of the South African mining industry relative to global peers, which were enjoying lower tariffs and were also less affected by supply interruptions.

At R1.06/kWh from April 1, Eskom’s Megaflex industrial tariff was higher than average industrial tariffs of about R1/kWh in the US and well above those of around 66c/kWh available in Quebec, Canada.

“Our electricity prices in South Africa have gone up by 538% over the last ten years, which has obviously had a huge impact particularly on our deep-level gold and platinum mines,” Baxter noted.

South Africa had also experienced a sustained period of rotational power cuts in mid-March, with Stage 4 load-shedding, equating to cuts of 4 000 MW, declared by Eskom on several days. During those periods, mines were required to reduce their load by 20%.

ESKOM’S MINE-LINKED REVENUE TO FALL

Although Eskom immediately noted that R102-billion in revenue had been disallowed by Nersa for the MYPD4 period, Langenhoven cautioned that the approved hikes were likely to supress demand further and accentuate Eskom’s so-called death spiral.

He said that, while Eskom expected mining-related revenue to rise to R50-billion by the end of the MYDP4 period, the modelling done by the Minerals Council of South Africa showed that its revenue could fall to about R30-billion as a result of operational closures.

“If the mining industry’s usage declines as tariffs make certain operations and activities unprofitable, Eskom will not achieve its targeted sales volumes,” Langenhoven explained.

“Inevitably, the increases awarded to Eskom will only serve to accelerate the power utility’s downward spiral that will come as a result of inflated tariff increases and the declining electricity usage by a critical consumer.”

Baxter indicated that the industry had noted the offer of special pricing agreements for companies experiencing distress as a result of the hikes, but was unaware whether any platinum or gold miners had applied to Eskom and Nersa for relief.

He also expressed frustration at the regulatory logjam preventing up to 2 000 MW of small-scale embedded generation projects from being implemented and indicated that the issue was receiving the priority attention of organised business.

Various mining companies have announced that they are studying various self-generation options, but remain concerned about the lack of regulations to facilitate projects of larger than 1 MW and for wheeling power from such projects.

EDITED BY: CREAMER MEDIA REPORTER

[NYBob]

Pakistan military eyes key role developing giant copper and gold mine
Buried at the foot of an extinct volcano near the frontier with Iran and Afghanistan, the mine's development has long been delayed by a dispute with previous investors in the project.
Reuters|
Mar 13, 2019, 11.28 AM IST


Read more at:
//economictimes.indiatimes.com/articleshow/68387458.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Buried at the foot of an extinct volcano near the frontier with Iran and Afghanistan, the mine's development has long been delayed by a dispute with previous investors in the project, Canada's Barrick Gold and Chile's Antofagasta.

The government is urgently trying to settle the dispute as a World Bank arbitration tribunal, which ruled against Pakistan in 2017, is in the next few months expected to announce how much in damages the country must pay to the foreign firms, who are claiming more than $11 billion.

The dispute relates to the withholding of a mining lease.

Islamabad is also trying to find new partners to invest in the project.

But any new investors will need the blessing of Pakistan's mi ..

Read more at:
//economictimes.indiatimes.com/articleshow/68387458.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

[NYBob]

Americans MUST watch! The Suppressed History of the Real Money of United States -

The ABX and Newmont partnering deal in Nevada is a gooddeal for us.

Lower cost to produce at our JV Carlin trend mine in Nevada could
save us $gazillions.

https://www.barrick.com/English/home/default.aspx

Premier is currently advancing a portfolio of eight projects
including two operating mines, two advanced
exploration/development stage projects and a pipeline of four
exploration properties with the goal of building a long-term
growth oriented company.



Operating mines include the South Arturo Gold Mine, a joint
venture between Premier (40% ownership) and
Barrick Gold Corporation’s wholly-owned subsidiary,
Barrick Gold Exploration Inc. (“Barrick”) and the 100%-owned
Mercedes Mine in Sonora, Mexico.

Near-term advanced exploration/development projects include the
100%-owned Cove Project in the Battle Mountain Trend, Nevada and
Greenstone Gold Mines, owned 50% by Premier and 50% by Centerra
Gold located in Northwesten Ontario, Canada.

In order to secure sustained and profitable future production,
Premier recognizes the value of exploration as the most cost
effective approach to replacing production and growing reserves
and resources.
As such the Company constantly incubates new prospective
projects in search for the next mine in its portfolio.


Premier Gold Mines Ltd. (TSX:PG) Gold Market Update -

https://www.gold-eagle.com/article/gold-market-update-202

Miners Just Can’t Keep Up - Expert

https://stream2.kitco.com/19_01_21a_Cook_v3_liferay.mp4

https://www.kitco.com/news/video/show/VRIC-2019/2250/2019-01-24/Miners-Just-Cant-Keep-Up---Expert#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DVRIC-2019


https://www.premiergoldmines.com/article/premier-enters-into-credit-facility-and-financing-package-679.asp

https://www.premiergoldmines.com/article/premier-announces-closing-of-credit-facility-and-financing-package-682.asp

https://www.premiergoldmines.com


Premier Gold Mines Limited (“Premier” or “the Company”) is pleased to
provide an update of the Company’s 2018 exploration programs and strong
results from its multiple projects in Mexico, Nevada and Canada.
Premier remains focused on value creation from its asset base with
success in exploration being a fundamental driver of this value.
THUNDER BAY, January 21, 2019 -

https://www.premiergoldmines.com/article/premier-gold-delivers-2018-exploration-success-678.asp

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146934249

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146959859

In GOD We Trust -






http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[NYBob]

The ABX and Newmont partnering deal in Nevada is a gooddeal for us.

Lower cost to produce at our JV Carlin trend mine in Nevada could
save us $gazillions.

https://www.barrick.com/English/home/default.aspx

Premier is currently advancing a portfolio of eight projects
including two operating mines, two advanced
exploration/development stage projects and a pipeline of four
exploration properties with the goal of building a long-term
growth oriented company.



Operating mines include the South Arturo Gold Mine, a joint
venture between Premier (40% ownership) and
Barrick Gold Corporation’s wholly-owned subsidiary,
Barrick Gold Exploration Inc. (“Barrick”) and the 100%-owned
Mercedes Mine in Sonora, Mexico.

Near-term advanced exploration/development projects include the
100%-owned Cove Project in the Battle Mountain Trend, Nevada and
Greenstone Gold Mines, owned 50% by Premier and 50% by Centerra
Gold located in Northwesten Ontario, Canada.

In order to secure sustained and profitable future production,
Premier recognizes the value of exploration as the most cost
effective approach to replacing production and growing reserves
and resources.
As such the Company constantly incubates new prospective
projects in search for the next mine in its portfolio.


Premier Gold Mines Ltd. (TSX:PG) Gold Market Update -

https://www.gold-eagle.com/article/gold-market-update-202

Miners Just Can’t Keep Up - Expert

https://stream2.kitco.com/19_01_21a_Cook_v3_liferay.mp4

https://www.kitco.com/news/video/show/VRIC-2019/2250/2019-01-24/Miners-Just-Cant-Keep-Up---Expert#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DVRIC-2019


https://www.premiergoldmines.com/article/premier-enters-into-credit-facility-and-financing-package-679.asp

https://www.premiergoldmines.com/article/premier-announces-closing-of-credit-facility-and-financing-package-682.asp

https://www.premiergoldmines.com


Premier Gold Mines Limited (“Premier” or “the Company”) is pleased to
provide an update of the Company’s 2018 exploration programs and strong
results from its multiple projects in Mexico, Nevada and Canada.
Premier remains focused on value creation from its asset base with
success in exploration being a fundamental driver of this value.
THUNDER BAY, January 21, 2019 -

https://www.premiergoldmines.com/article/premier-gold-delivers-2018-exploration-success-678.asp

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146934249

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146959859

In GOD We Trust -






http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[NYBob]

Goldcorp Announces Support for Barrick and Newmont Nevada Joint Venture
T.G |
Canada NewsWire
VANCOUVER, March 11, 2019 /CNW/ -

GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp" or the "Company")
announced today that it has consented to and fully supports the
announced Nevada Joint Venture between Barrick Gold Corporation
("Barrick") (NYSE:GOLD) (TSX:ABX) and Newmont Mining Corporation
("Newmont") (NYSE: NEM). More information on the Nevada Joint
Venture is available at
http://www.newmont.com

Goldcorp's board of directors continues to recommend that Goldcorp shareholders vote FOR the proposed plan of arrangement with Newmont, as previously announced on January 14, 2019. More information on the proposed plan of arrangement with Newmont and the special meeting of Goldcorp shareholders on April 4, 2019 is available at www.goldcorp.com.

Goldcorp also welcomes the announcement that Barrick has agreed to
withdraw its proposal to acquire Newmont.

About Goldcorp
http://www.goldcorp.com

Goldcorp is a senior gold producer focused on responsible mining practices with safe, low-cost production from a high-quality portfolio of mines.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within

Read more at https://stockhouse.com/news/press-releases/2019/03/11/goldcorp-announces-support-for-barrick-and-newmont-nevada-joint-venture#yTdZKQHIUkV15jwE.99

God Bless America

[Alexulf]

Levon takeover in 2019 ? Talk and possible deal further ahead.
https://levon./

M&A continue in this sector, let`s see how it will play out.

[NYBob]

Newmont Board Unanimously Determines that Barrick’s Unsolicited, Negative Premium Proposal Is Not in Newmont Shareholders’ Best Interests
03/04/2019

https://www.newmont.com/newsroom/newsroom-details/2019/Newmont-Board-Unanimously-Determines-that-Barricks-Unsolicited-Negative-Premium-Proposal-Is-Not-in-Newmont-Shareholders-Best-Interests/default.aspx

Download this Press Release (PDF 279 KB)
Goldcorp Combination Represents Superior Value Creation Opportunity
Barrick’s Proposal Presents Significant Risks to Newmont Shareholders
Provides Term Sheet for Nevada Joint Venture with Barrick to Realize Synergies
Files Investor Presentation Responding to Barrick Claims and Providing Long-Term Outlook for Newmont Goldcorp
Company to Host Conference Call at 9:00 AM ET
DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that its Board of Directors has unanimously determined that Barrick Gold Corporation’s (Barrick) (NYSE: GOLD) (TSX: ABX) unsolicited, all-stock negative premium proposal to acquire Newmont is not in the best interests of Newmont’s shareholders.

After a comprehensive review conducted in consultation with its financial and legal advisors, Newmont’s Board unanimously concluded that Barrick’s proposal does not constitute, and would not reasonably be expected to constitute, a Newmont Superior Proposal (as such term is defined in the arrangement agreement between Newmont and Goldcorp Inc. (NYSE: GG, TSX: G) (Goldcorp)). The Company’s previously announced combination with Goldcorp represents a superior value creation opportunity to generate long-term value through an unmatched portfolio of world class operations, projects, exploration opportunities, reserves and talent.

“Our thorough review of Barrick’s unsolicited proposal and its associated risks has reaffirmed our conclusion that the combination of Newmont and Goldcorp represents the best opportunity to create value for Newmont’s shareholders and deliver industry-leading returns for decades to come,” said Gary Goldberg, Newmont’s Chief Executive Officer. “Unlike Barrick, Newmont Goldcorp will be centered in the world’s most favorable mining jurisdictions and gold districts. The combination with Goldcorp is significantly more accretive to Newmont’s shareholders on all relevant metrics compared to Barrick’s proposal, even when factoring in Barrick’s own synergy estimates. Realizing value through Barrick’s proposal for Newmont’s shareholders hinges entirely on a new management team that lacks global operating experience and is only two months into its own transformational integration.”

Newmont Goldcorp Combination Represents Superior Value Creation Opportunity Over Barrick’s Proposal

The Newmont Board of Directors’ unanimous determination that the combination with Goldcorp represents a superior value creation opportunity over Barrick’s unsolicited proposal is based on the following:

The Goldcorp transaction generates twice the accretion to Newmont’s Net Asset Value (NAV) per share compared to Barrick’s proposal, even when factoring in Barrick’s unsubstantiated synergy assumptions.
Barrick’s proposal is four percent (4%) dilutive to Newmont’s NAV per share, before any synergies.i
The value creation claimed in Barrick’s proposal relies entirely on the delivery of synergies from a management team that lacks global operating experience and is only two months into its integration effort with Randgold Resources Ltd.
Barrick’s portfolio includes numerous unfavorable and high-risk jurisdictions with several ongoing and significant operational and sustainability problems.
By contrast, Newmont Goldcorp’s assets will be located in favorable mining jurisdictions and prolific gold districts on four continents.
Completing the Newmont transaction with Goldcorp does not preclude Newmont or Barrick from achieving the available synergies in Nevada through a joint venture and may permit them to be realized sooner.
Because Newmont’s Board determined that the Barrick proposal is not a “Newmont Superior Proposal” under the Goldcorp arrangement agreement, Newmont is prohibited under the provisions of that agreement from engaging with Barrick in relation to its proposal.

Proposed Nevada Joint Venture with Barrick

To realize the savings from Newmont’s and Barrick’s Nevada-related operations, Newmont today submitted a joint venture proposal to Barrick. The terms of the proposal are modeled on similar terms to other successful joint ventures, including ones that Barrick has with Newmont and Goldcorp.

Mr. Goldberg continued, “Newmont has consistently expressed to Barrick that we are open to a joint venture for our operations in Nevada. In that regard, today we have submitted a term sheet to Barrick proposing a Nevada joint venture. This proposal would enable both companies’ shareholders to realize the available synergies while avoiding the significant risks and complexities associated with Barrick’s unsolicited proposal.”

Key terms of the joint venture proposal to combine the Nevada-related operations of Newmont Goldcorp and Barrick include:

Economic Interests: Barrick to hold an economic interest equal to 55 percent and Newmont Goldcorp to hold a 45 percent economic interest. The proposed economic interests are based upon analyst consensus Net Present Values for each company’s Nevada-related assets and an equal split of Barrick’s estimated Nevada synergies.
Governance: Newmont Goldcorp and Barrick will have an equal number of representatives on the Management and Technical Committees. Decisions by the Management Committee shall be determined by majority vote, with the voting power of the parties’ representatives based on their respective economic interests, subject to a list of customary material matters requiring joint approval. The proposed joint venture’s Operational Management will be jointly appointed by both parties and will be responsible for day-to-day operations.
“We are confident that Newmont’s demonstrated technical expertise and consistent execution will be critical in realizing the synergy opportunities of the proposed joint venture,” said Tom Palmer, Newmont’s President and Chief Operating Officer.

Newmont Goldcorp

Newmont has also filed an updated investor presentation regarding the compelling value creation opportunity of the Newmont Goldcorp transaction. Newmont’s proposed combination with Goldcorp is expected to close in the second quarter of 2019.

On day one after the transaction closes, Newmont Goldcorp will:

Be accretive to Newmont’s NAV per share by 27 percent and 34 percent accretive to 2020 cash flow per share;i
Begin delivering a combined $365 million in expected annual pre-tax synergies, supply chain efficiencies and Full Potential improvements representing the opportunity to create $4.4 billion in Net Present Value (pre-tax);ii
Target 6-7 million ounces of steady-state gold production over a decades-long time horizon;i
Have the largest gold Reserves and Resources in the gold sector, including on a per share basis;
Be located in favorable mining jurisdictions and prolific gold districts on four continents;
Deliver the highest dividend among senior gold producers;iii
Offer financial flexibility and an investment-grade balance sheet to advance the most promising projects generating a targeted Internal Rate of Return (IRR) of at least 15 percent;iv
Feature a deep bench of accomplished business leaders and high-performing technical teams and other talent with extensive mining industry experience; and
Maintain industry leadership in environmental, social and governance performance.
Newmont today sent the following letter to Barrick’s Executive Chairman, John L. Thornton, and President and Chief Executive Officer, Mark Bristow:

Newmont Mining
Corporation 6363 South
Fiddlers Green Circle
Greenwood Village, CO
80111

T [phone]

F [phone]

www.newmont.com

March 4, 2019

Board of Directors
BARRICK GOLD CORPORATION

TD Canada Trust Tower 161 Bay
Street, Suite 3700

Toronto, ON M5J 2S1 Canada

Attn.: John L. Thornton, Executive Chairman
Mark Bristow, President and Chief Executive Officer
Dear John and Mark:

Re: February 25, 2019 Letter

Our board of directors and senior management, with the assistance of our advisors, have undertaken an intensive and detailed review and analysis of your February 25, 2019 letter proposing to acquire all of the outstanding shares of common stock of Newmont Mining Corporation. Consistent with its focus on the best interests of our company and its stakeholders and on maximizing stockholder value for the long-term, our board has determined that the proposal set forth in your letter does not constitute, and would not reasonably be expected to constitute, a Newmont Superior Proposal (as such term is defined in the arrangement agreement dated January 14, 2019 between Newmont and Goldcorp Inc., as amended on February 19, 2019). Accordingly, Newmont is not permitted to engage in discussions and negotiations with Barrick Gold Corporation with respect to its proposal, nor are such actions required by the fiduciary duties of our board of directors. Therefore, in accordance with our contractual obligations under the Goldcorp arrangement agreement and consistent with our judgment as to the best interests of Newmont’s stockholders, we will proceed with our transaction with Goldcorp. We believe that transaction provides greater value to the Newmont stockholders and is superior from the perspective of Newmont’s other stakeholders.

We believe that the transaction you are proposing would reduce, rather than enhance, Newmont stockholder value. Your “at market” proposal is at a material discount to current market values, and any potential value creation depends entirely on Barrick’s execution. Since previous merger discussions terminated in 2014, Newmont has significantly outperformed Barrick on almost every metric. Our management team has a consistent, long-standing track record of delivering superior execution (including productivity improvements and cost reduction measures) through a proven, scalable operating model and deep bench strength supporting thoughtful and structured succession planning. In contrast, Barrick’s underperformance highlights its ineffective operating model, poor record on delivering stockholder returns, and significant jurisdictional risk. The basis for our board’s determinations have been and will continue to be detailed in our public disclosures.

The value creation of Barrick’s proposal relies entirely upon the delivery of synergies from a management team that was put in place just two months ago. This new team has never managed a global portfolio the size of Barrick, let alone the size of a potential Newmont and Barrick combination. From a stockholder perspective, how a company conducts its business is an important component of value. In addition to compelling economic performance, Newmont has maintained industry leadership in environmental, social and governance performance and, unlike Barrick and Randgold Resources Ltd., has generally avoided material operational, governmental and investment pitfalls. Moreover, Newmont is committed to strong governance practices and has been recognized for having a culture that values responsible corporate citizenship, inclusion and diversity. Barrick’s expressed disdain for process and oversight, and its absence of diversity of leadership, including in its board room, runs contrary to the expressed values of Newmont, our employees, our stockholders and our other valued stakeholders. For all of these reasons, we strongly believe that our stockholders are far better off as owners of Newmont Goldcorp Corporation than as holders of a minority stake in Barrick, a far less attractive entity.

We recognize that there are value-creation opportunities available in Nevada if we work together. We have always been, and we remain, prepared to explore these opportunities, despite your public comments to the contrary. Achieving these opportunities does not require Newmont to be acquired by Barrick, and for our stockholders to be exposed to the many risks inherent in Barrick. To facilitate the realization of the potential synergies, we are providing you with a term sheet for a joint venture that would combine our Nevada operations and create value for both sets of stockholders. We are prepared to move forward with you on this basis expeditiously.

Our board of directors, our management team and our thousands of employees around the world are dedicated to creating value for all of our stockholders and that is exactly what we will continue to do by executing on our strategic plan and completing our pending transaction with Goldcorp.

On behalf of our board of directors,

Noreen Doyle
Chair

Gary J. Goldberg
Chief Executive Officer

Advisors and counsel

In connection with the transaction, Newmont has retained BMO Capital Markets, Citi and Goldman Sachs as financial advisors, and Wachtell, Lipton, Rosen & Katz, Goodmans LLP, and White & Case LLP as legal counsel.

Conference Call and Webcast

Newmont will host a conference call and a webcast on Monday, March 4, 2019 at 9:00 AM Eastern Time. Presentation slides will accompany the live webcast and can be accessed on the Newmont website, www.newmont.com and https://event.on24.com/wcc/r/1952473/C5AC3067BE6C7740A2D324BE629DA649.

Conference Call Details

Dial-In Number 1-855-209-8210
Intl Dial-In Number 1-412-317-5213
Canada Toll Free
Conference Name

1-855-669-9658
Newmont Mining

Replay Number 1-877-344-7529
Intl Replay Number 1-412-317-0088
Replay Access Code 10129346
About Newmont

Newmont is a leading gold and copper producer. The Company’s operations are primarily in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold producer listed in the S&P 500 Index and was named the mining industry leader by the Dow Jones Sustainability World Index in 2015, 2016, 2017 and 2018. The Company is an industry leader in value creation, supported by its leading technical, environmental, social and safety performance. Newmont was founded in 1921 and has been publicly traded since 1925.

Cautionary Statement Regarding Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws and “forward-looking information” within the meaning of applicable Canadian securities laws. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. Forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “anticipate,” “intend,” “plan,” “will,” “would,” “estimate,” “expect,” “believe,” “target,” “indicative,” “preliminary,” or “potential.” Forward-looking statements in this press release may include, without limitation: (i) statements relating to Newmont’s planned acquisition of Goldcorp (the “proposed transaction”) and the expected terms, timing and closing of the proposed transaction, including receipt of required approvals and satisfaction of other customary closing conditions; (ii) estimates of future production and sales, including expected annual production range; (iii) estimates of future costs applicable to sales and all-in sustaining costs; (iv) expectations regarding accretion; (v) estimates of future capital expenditures; (vi) estimates of future cost reductions, efficiencies and synergies; (vii) expectations regarding future exploration and the development, growth and potential of Newmont’s and Goldcorp’s operations, project pipeline and investments, including, without limitation, project returns, expected average IRR, schedule, decision dates, mine life, commercial start, first production, capital average production, average costs and upside potential; (viii) expectations regarding future investments or divestitures; (ix) expectations of future dividends and returns to stockholders; (x) expectations of future free cash flow generation, liquidity, balance sheet strength and credit ratings; (xi) expectations of future equity and enterprise value; (xii) expectations of future plans and benefits; (xiii) expectations regarding future mineralization, including, without limitation, expectations regarding reserves and resources, grade and recoveries; (xiv) estimates of future closure costs and liabilities; (xv) statements relating to the proposed acquisition of Newmont by Barrick, including potential dilution, synergies and value creation, and (xvi) the possible joint venture in Nevada, including the potential terms and benefits thereof. Estimates or expectations of future events or results are based upon certain assumptions, which may prove to be incorrect. Such assumptions, include, but are not limited to: (i) there being no significant change to current geotechnical, metallurgical, hydrological and other physical conditions; (ii) permitting, development, operations and expansion of Newmont’s and Goldcorp’s operations and projects being consistent with current expectations and mine plans, including, without limitation, receipt of export approvals; (iii) political developments in any jurisdiction in which Newmont and Goldcorp operate being consistent with its current expectations; (iv) certain exchange rate assumptions for the Australian dollar or the Canadian dollar to the U.S. dollar, as well as other exchange rates being approximately consistent with current levels; (v) certain price assumptions for gold, copper, silver, zinc, lead and oil; (vi) prices for key supplies being approximately consistent with current levels; (vii) the accuracy of current mineral reserve, mineral resource and mineralized material estimates; and (viii) other planning assumptions. Risks relating to forward-looking statements in regard to the Newmont’s and Goldcorp’s business and future performance may include, but are not limited to, gold and other metals price volatility, currency fluctuations, operational risks, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, political risk, community relations, conflict resolution governmental regulation and judicial outcomes and other risks. In addition, material risks that could cause actual results to differ from forward-looking statements include: the inherent uncertainty associated with financial or other projections; the prompt and effective integration of Newmont’s and Goldcorp’s businesses and the ability to achieve the anticipated synergies and value-creation contemplated by the proposed transaction; the risk associated with Newmont’s and Goldcorp’s ability to obtain the approval of the proposed transaction by their stockholders required to consummate the proposed transaction and the timing of the closing of the proposed transaction, including the risk that the conditions to the transaction are not satisfied on a timely basis or at all and the failure of the transaction to close for any other reason; the risk that a consent or authorization that may be required for the proposed transaction is not obtained or is obtained subject to conditions that are not anticipated; the outcome of any legal proceedings that may be instituted against the parties and others related to the arrangement agreement; unanticipated difficulties or expenditures relating to the transaction, the response of business partners and retention as a result of the announcement and pendency of the transaction; potential volatility in the price of Newmont Common Stock due to the proposed transaction; the anticipated size of the markets and continued demand for Newmont’s and Goldcorp’s resources and the impact of competitive responses to the announcement of the transaction; and the diversion of management time on transaction-related issues. For a more detailed discussion of such risks and other factors, see Newmont’s 2018 Annual Report on Form 10-K, filed with the Securities and Exchange Commission (SEC) as well as the Company’s other SEC filings, available on the SEC website or www.newmont.com, Goldcorp’s most recent annual information form as well as Goldcorp’s other filings made with Canadian securities regulatory authorities and available on SEDAR, on the SEC website or www.goldcorp.com. Newmont is not affirming or adopting any statements or reports attributed to Goldcorp (including prior mineral reserve and resource declaration) in this press release or made by Goldcorp outside of this press release. Goldcorp is not affirming or adopting any statements or reports attributed to Newmont (including prior mineral reserve and resource declaration) in this press release or made by Newmont outside of this press release. Newmont and Goldcorp do not undertake any obligation to release publicly revisions to any “forward-looking statement,” including, without limitation, outlook, to reflect events or circumstances after the date of this press release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued “forward-looking statement” constitutes a reaffirmation of that statement. Continued reliance on “forward-looking statements” is at investors’ own risk.

Additional information about the proposed transaction and where to find it

This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. This communication is being made in respect of the proposed transaction involving the Company and Goldcorp pursuant to the terms of an Arrangement Agreement by and among the Company and Goldcorp and may be deemed to be soliciting material relating to the proposed transaction. In connection with the proposed transaction, the Company will file a proxy statement relating to a special meeting of its stockholders with the Securities and Exchange Commission (the “SEC”). Additionally, the Company will file other relevant materials in connection with the proposed transaction with the SEC. Security holders of the Company are urged to read the proxy statement regarding the proposed transaction and any other relevant materials carefully in their entirety when they become available before making any voting or investment decision with respect to the proposed transaction because they will contain important information about the proposed transaction and the parties to the transaction. The definitive proxy statement will be mailed to the Company’s stockholders. Stockholders of the Company will be able to obtain a copy of the proxy statement, the filings with the SEC that will be incorporated by reference into the proxy statement as well as other filings containing information about the proposed transaction and the parties to the transaction made by the Company with the SEC free of charge at the SEC’s website at www.sec.gov, on the Company’s website at www.newmont.com/investor-relations/default.aspx or by contacting the Company’s Investor Relations department at [e-mail] or by calling 303-837-5484. Copies of the documents filed with the SEC by Goldcorp will be available free of charge at the SEC’s website at www.sec.gov.

Participants in the proposed transaction solicitation

The Company and its directors, its executive officers, members of its management, its employees and other persons, under SEC rules, may be deemed to be participants in the solicitation of proxies of the Company’s stockholders in connection with the proposed transaction. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of certain of the Company’s executive officers and directors in the solicitation by reading the Company’s 2018 Annual Report on Form 10-K filed with the SEC on February 21, 2019, its proxy statement relating to its 2018 Annual Meeting of Stockholders filed with the SEC on March 9, 2018 and other relevant materials filed with the SEC when they become available. Additional information regarding the interests of such potential participants in the solicitation of proxies in connection with the proposed transaction will be set forth in the proxy statement filed with the SEC relating to the transaction when it becomes available. Additional information concerning Goldcorp’ executive officers and directors is set forth in its 2017 Annual Report on Form 40-F filed with the SEC on March 23, 2018, its management information circular relating to its 2018 Annual Meeting of Stockholders filed with the SEC on March 16, 2018 and other relevant materials filed with the SEC when they become available.

i Caution Regarding Projections: Projections used in this release are considered “forward looking statements”. See cautionary statement above regarding forward-looking statements. Forward-looking information representing post-closing expectations is inherently uncertain. Estimates such as expected accretion, NAV, Net Present Value creation, synergies, expected future production, IRR, financial flexibility and balance sheet strength are preliminary in nature. There can be no assurance that the proposed transaction will close or that the forward-looking information will prove to be accurate.

ii Net Present Value (NPV) creation as used in this release is a management estimate provided for illustrative purposes, and should not be considered a GAAP or non-GAAP financial measure. NPV creation represents management’s combined estimate of pre-tax synergies, supply chain efficiencies and Full Potential improvements, as a result of the proposed transaction that have been monetized and projected over a twenty year period for purposes of the estimation, applying a discount rate of 5 percent. Such estimates are necessarily imprecise and are based on numerous judgments and assumptions. Expected NPV creation is a “forward-looking statement” subject to risks, uncertainties and other factors which could cause actual value creation to differ from expected value creation.

iii 2019 dividends beyond Q1 2019 have not yet been approved or declared by the Board of Directors. Management’s expectations with respect to future dividends or annualized dividends are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Investors are cautioned that such statements with respect to future dividends are non-binding. The declaration and payment of future dividends remain at the discretion of the Board of Directors and will be determined based on Newmont’s financial results, balance sheet strength, cash and liquidity requirements, future prospects, gold and commodity prices, and other factors deemed relevant by the Board. The Board of Directors reserves all powers related to the declaration and payment of dividends. Consequently, in determining the dividend to be declared and paid on the common stock of the Company, the Board of Directors may revise or terminate the payment level at any time without prior notice. As a result, investors should not place undue reliance on such statements.

iv IRR targets on projects are calculated using an assumed $1,200 gold price.



View source version on businesswire.com: https://www.businesswire.com/news/home/20190304005438/en/

Investor Contact
Jessica Largent, 303.837.5484
[e-mail]

Media Contact
Omar Jabara, 303.837.5114
[e-mail]

Source: Newmont Mining Corporation

[NYBob]

Barrick Is Throwing “Smoke Bombs” In Aim To Distract Says Pierre Lassonde
Feb 25, 2019


https://www.kitco.com/news/video/show/BMO-Conference-2019/2285/2019-02-25/Barrick-Is-Throwing-Smoke-Bombs-In-Aim-To-Distract-Says-Pierre-Lassonde#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DBMO-Conference-2019

Pierre Lassonde Chairman, Franco-Nevada
Barrick Gold may just be trying to lower Newmont MIning's share price
enough in order to do a proper bid, said Pierre Lassonde, chairman of
Franco-Nevada.
"What's happening has never been seen in history.
Frankly, it's the first time I've ever seen a hostile [takeover]
at a discount to the stock price," Lassonde told Kitco News at
the BMO Global Metals & Mining Conference.

In GOD We Trust -







http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[Rocketstockpix]

https://www.cnbc.com/2019/02/22/canadas-barrick-gold-considers-hostile-19-billion-bid-for-newmont-mining-media.html

[NYBob]

Salvini Calls For Elimination Of Italy's Central Bank, "Prison Time For Fraudsters"
Profile picture for user Tyler Durden
by Tyler Durden
Sun, 02/10/2019 - 19:56

https://www.zerohedge.com/news/2019-02-10/salvini-calls-elimination-italys-central-bank-prison-time-fraudsters

On Friday, in a moment of predictive insight, Bank of America correctly warned that the greatest threat to EPS - i.e., markets - in the next 3 years "is an acceleration of global populism via taxation, regulation & government intervention." Just one day later, this warning to the financial establishment was starkly manifest in that ground zero for Europe's populist revolt, Italy, where the country's coalition government hinted at where the global populist wave is headed next when he slammed the country’s central bank leadership and stock market regulator, escalating its attacks on establishment figures ahead of the European parliamentary vote in May.

Matteo Salvini, the outspoken head of the anti-immigrant League party, said the Bank of Italy and Consob, the country’s stock market regulator, should be "reduced to zero, more than changing one or two people, reduced to zero", or in other words eliminated, and that “fraudsters” who inflicted losses on Italian savers should "end up in prison for a long time."

As the FT notes, this latest broadside against Italy’s financial establishment comes as the two parties which are increasingly at odds with each other amid speculation Salvini may hold elections to become the sole leader of Italy, prepare to run against each other in the European parliamentary elections in May, a contest widely seen as a proxy for national polls. Meanwhile, both leaders have also increased their attacks against targets including the EU and French president Emmanuel Macron.

God Bless America

[NYBob]

Ask your mining companies what they're doing about price suppression

Submitted by cpowell on 06:31PM ET Tuesday, February 12, 2019. Section:
Daily Dispatches
1:27p ET Tuesday, February 12, 2019

Dear Friend of GATA and Gold:

GATA's old friend B.L. has forwarded the text of an excellent letter he has e-mailed to a monetary metals mining company in which he long has been invested, asking whether the company will ever respond to the growing number of disclosures of manipulation of the gold and silver markets.

The letter easily could be adapted by any monetary metals mining company investor for e-mailing to company executives or the company's investor relations officer. So an edited version of it is appended.

If you are invested in a gold or silver mining company, please consider prodding it to confront the price-suppression issue. The failure of the industry to defend itself is a decisive factor in favor of price suppression, along with the complicity of mainstream financial news organizations.

If you do send such a letter, please let your secretary/treasurer know if you get a reply or don't get one. Maybe together we can begin to hold this timid industry to account.
CHRIS POWELL, Secretary/Treaurer
Gold Anti-Trust Action Committee Inc.
[e-mail]

* * *

Dear --------:

I am a longtime investor in your company, holding XXXX shares of common stock. Who wouldn't stand by a debt-free North American miner with steady production, proven reserves, and a willingness to grow?

Even so, I have had to persevere through an agonizing seven-year drop in the company's share price, which is only 20 percent of what it was a few years ago. I'm certain of the cause: relentless manipulation of precious metals prices and official disinformation by grossly-indebted Western nations like my own.

So I would appreciate hearing your thoughts about this recent Canadian court settlement, which promises similar cases to come:

http://www.gata.org/node/18860

Specifically, what can a healthy, growth-oriented firm like ours do to help the mining industry break the bonds of government control so that a genuinely free market can re-emerge and thrive?

Sincerely,

XXXXXXX

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

[NYBob]

WE GOT A CLASS ACTION A BREWIN' FOLKS! GO!!!! Make no mistake about
it, just in ABX alone we have lost a lot of upside and divies due to
these 666 bankster crooks....

JPMorganChase manipulated precious metals markets for years are one
step closer to bringing a class-action suit against the nation's
largest bank....

Federal judge lets traders combine cases accusing JPMorgan of rigging monetary metals markets

Submitted by cpowell on 02:42AM ET Saturday, February 9, 2019.
Section: Daily Dispatches
By Dawn Giel
CNBC, New York
Thursday, February 7, 2019

A group of traders from across the U.S. who allege that JPMorganChase manipulated precious metals markets for years are one step closer to bringing a class-action suit against the nation's largest bank.

Earlier this month a federal judge said five lawsuits making similar allegations against the bank could be combined, potentially including thousands of people who traded in the precious metals market from January 2009 through December 2015.

Litigation in a separate civil case has been put on hold until at least May at the behest of the Justice Department, which is investigating a "related criminal case" that involves alleged market manipulation by precious metals traders at JPMorgan.
JPMorgan declined to comment on this story.

Judge John Koeltl of the Southern District of New York appointed the White Plains, N.Y., law firm Lowey Dannenberg as interim lead counsel for the proposed class action. ...

... For the remainder of the report:

https://www.cnbc.com/2019/02/07/federal-judge-tells-traders-they-can-combine-cases-accusing-jp-morgan-of-rigging-metals-market.html

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

CONTACT GATA
[e-mail]

Gold Anti-Trust Action Committee
7 Villa Louisa Road
Manchester, Connecticut
06043-7541 USA
www.gata.org

[NYBob]

Is the End of the U.S. Dollar Nearing — Here Are Few Reasons Why That Might Happen?
Financial Discuss
Published on Jan 30, 2019

https://www.youtube.com/watch?v=qrAKmsD5WTk


Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
Trump said on 88 campaign shows -
He will follow the Constitution Law,
end the FED -
to go back to The Gold Standard -
Russia, China, India might do it before US -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
Read more at https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=29310443#3Eq050UEXauXE2lQ.99

[NYBob]

King Report: Manipulations and interventions fight bad fundamentals

Submitted by cpowell on 04:14PM ET Monday, January 7, 2019. Section: Daily Dispatches
From the King Report
Burr Ridge, Illinois
Monday, January 7, 2019

https://mramseyking.com/king-report

Will the stock index futures manipulators keep trying to offset real sellers?

Will the various interventions continue?

The stock market is now a game of negative fundamentals inducing real selling vs. manipulators and sovereign interveners. It is not a game that should be played. Only those who must play should enter the equity market mixmaster. ...

God Bless

[NYBob]

Weekly Update --- Rough Times Ahead, But Liberty Can Still Win End The Fed?
6,916 views
RonPaulLibertyReport
Published on Jan 3, 2019

https://www.youtube.com/watch?v=2E-65E36QKo

https://investorshub.advfn.com/Barrick-Gold-Corp-ABX-6037/

God Bless America

[NYBob]

What if nobody cares about market rigging? Do you?

Submitted by cpowell on 09:12PM ET Tuesday, January 1, 2019. Section: Daily Dispatches
4:21p ET Tuesday, January 1, 2019

Dear Friend of GATA and Gold:

When GATA got started in January 1999 we figured that the rigging we saw in the gold and silver markets was the work of the big investment banks that heavily traded the monetary metals on the futures exchanges. Our idea was to gather evidence of their collusion and then sue them for triple damages under the Sherman Act, the Clayton Act, and the anti-trust laws of the 50 states.

Before long we realized that the U.S. government and allied governments were heavily involved in this rigging, just they had rigged the gold market in the era of the gold standard and the London Gold Pool of the 1960s, and that these governments likely were using the investment banks as brokers for manipulative interventions. So then we aimed to sue these governments as well and we hired a major anti-trust law firm to research the prospect.

The advice from our lawyers was not encouraging. If the U.S. government was the main instigator of the market rigging, the lawyers said, it probably was legal under the Gold Reserve Act of 1934, which created the U.S. Treasury Department's Exchange Stabilization Fund and authorized it to trade not just gold but anything deemed by the treasury secretary to bear on the stability of the dollar. The act authorized the fund to do such trading in secret, making it reportable only to the president.
Nevertheless, in 2000 our consultant Reginald Howe, a lawyer with a degree from Harvard, thought he saw an opportunity to get the gold manipulation issue into court. Howe happened to own shares of the Bank for International Settlements, which was moving to expropriate those of its shares that were not already owned by governments. Howe knew that the BIS owned a lot of gold and figured that, because of the gold price suppression policy of Western governments, the price being offered by the bank to acquire the privately held shares grossly undervalued them.

Howe also figured that the Gold Reserve Act's authorization for the U.S. government to trade in gold was not necessarily also authorization for the government to manipulate markets in violation of anti-trust principles.

So with GATA's endorsement and support, Howe sued the BIS, the Treasury Department, the Federal Reserve, and five big investment banks in U.S. District Court in Boston, accusing them of rigging the gold market and thereby devaluing his shares of the BIS:

http://goldensextant.com/BIS-PFcase.html

A single hearing was held in the case -- on November 5, 2001. Your secretary/treasurer attended and reported about it in detail, finding the hearing most notable for eliciting an assertion from an assistant U.S. attorney that the U.S. government claims authority, under the Gold Reserve Act, to trade gold in a way affecting its price -- that is, claims the power to rig the gold market:

http://www.gata.org/node/4211

Of course this was just what our anti-trust law firm had cautioned us about.

The judge evaded the Howe lawsuit's big issues and dismissed the case on a jurisdictional technicality. (An international arbitration later concluded that Howe was right, that the BIS was paying too little for the shares it was recalling.) But no one in authority had denied the main accusation of Howe's lawsuit, and, indeed, to the contrary, the lawsuit had compelled the U.S. government to claim, in public, the power and right to rig the gold market.

That was a huge accomplishment. But it required GATA to change tactics from trying to get anti-trust law enforced in court to simple exposure of what the U.S. government and its allies were doing.

As a result GATA began researching the longstanding and continuing policy of gold-market rigging by governments, compiling confirmations from government archives and similar sources and admissions by central bankers themselves, which now are summarized here --

http://www.gata.org/node/14839

-- and detailed here:

http://www.gata.org/taxonomy/term/21

Fittingly, the BIS continues to supply a monthly statement of account that, when compared to the previous month's statement, discloses the bank's constant if largely surreptitious intervention in the gold market on behalf of its member central banks, an inadvertently helpful monthly contribution to GATA's documentation file.

Once GATA amassed so much documentation, we thought that surely mainstream financial news organizations would have to address it. Strangely, it seemed, they were not eager to do so -- maybe because they did not understand how gold is a determinant of currency values, interest rates, and government bond prices. So in January 2008 we published a full-page, full-color advertisement in The Wall Street Journal, having gathered $264,000 to pay for it:

http://www.gata.org/node/wallstreetjournal

The ad had been your secretary/treasurer's idea -- and it proved to be a disaster. The ad may have been noticed -- at least it has been viewed more than 372,000 times at GATA's internet site -- but it drew no response at all, not even from the Journal itself, not even an invitation to the newspaper's ad department Christmas party that year.

Of course we should have known better. That $264,000 was but a tiny fraction of what JPMorganChase and the other gold-trading investment banks representing the U.S. government spend on advertising every year in the Journal and other mainstream financial news organizations. Then there is the government's own opposition to raising the gold issue. Some mainstream news organizations will challenge the government on smaller matters, but gold-market rigging -- the primary mechanism of rigging the currency and bond markets -- seems to be considered the most sensitive issue of national security.

Now and then GATA does get attention from mainstream news organizations, and we seem to have been largely responsible for alerting certain governments to the gold suppression scheme, particularly Russia's and China's --

http://www.gata.org/node/4235

-- which for years have been acquiring gold in large amounts, apparently in anticipation of big changes in the world financial system:

http://www.gata.org/node/11373

Other market participants may be acting quietly on GATA's findings.

But lately we can't entirely dismiss a disturbing thought: What if we got our wish and the major mainstream financial news organizations, from the Financial Times to Bloomberg News to The Economist, acknowledged prominently that central banks constantly intervene in the gold market to control the monetary metal's price and protect their own currencies and bonds, primarily through derivatives trading, thereby effectively rigging all markets ... and nobody cared, because everybody had been corrupted by the rigging?

What if free and transparent markets, limited and accountable government, and fair dealing among peoples and nations are just cliches from a bygone era?

Anyone can understand the demoralization of the monetary metals industry in recent years. But that demoralization would be unimportant compared to demoralization about free and transparent markets and limited and accountable government, values that are the prerequisites of human progress. No mere lawsuits and courts can preserve those values; they will survive only if they live in the hearts of enough people.

If those values do live there, exposure will work eventually, and GATA believes it is on the verge of compelling government to make its most incriminating admissions yet -- or its most incriminating refusals to answer.

We mean to press on nevertheless, but we can't do it well without financial support. So if you have not yet helped us, please consider doing it now:

http://www.gata.org/node/16

Even a $5 contribution will be more than GATA has received from Newmont Mining or Barrick Gold, companies that do nothing to fend off the great enemies of their investors. GATA will always do what it can, which has been and will remain far more than it ever was thought able to do.

We see dimly in the present what is small and what is great,
Slow of faith how weak an arm may turn the iron helm of fate.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[e-mail]

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/1

God Bless America

[NYBob]

Barrick Gold veers away from Canadian roots after Randgold acquisition

Submitted by cpowell on 01:06AM ET Saturday, January 5, 2019. Section: Daily Dispatches
By Niall McGee and Rachelle Younglai
The Globe and Mail, Toronto
Thursday, January 3, 2019

https://www.theglobeandmail.com/business/article-barrick-gold-veering-aw...

The slow shift of power away from Barrick Gold Corp.'s Canadian head office has moved into high gear, just days after the company closed its deal with African operator Randgold Resources Ltd.

The US$6-billion acquisition, which was announced in September and completed Tuesday, has left Barrick with a hollowed-out head office, almost no Canadian representation on the board, and few Canadians in top management positions.

Barrick's retreat in Canada reflects a broader downsizing of Toronto as a world mining capital, with fewer global players headquartered in the city and dramatically less mining capital being raised on the Toronto Stock Exchange. Barrick, the world's largest gold producer, had been one of the last great Canadian corporate mining champions left standing after a wave of foreign takeovers of metals giants such as Inco and Falconbridge. With a head office of about 500 employees, it played a major role in Toronto's financial scene.
But that Toronto office has been shrinking for years as Barrick went through a series of restructuring moves led by John Thornton, its U.S.-based executive chairman.

Pierre Lassonde, whose Franco Nevada Corp. has owned a royalty on Barrick's Goldstrike mine in Nevada since 1985, believes that Peter Munk, Barrick's late founder, would be aghast at seeing the company's fast-shrinking presence in Canada.

"I think Mr. Munk is going to roll over in his grave 10 times," Mr. Lassonde said. "Peter was Mr. Canada. He wore Canada on his sleeve. He was so proud to be a Canadian."

Not long after Barrick announced its purchase of Randgold, the company's new executive team dramatically scaled down its domestic footprint.

Only around 65 people work in Barrick's head office now, compared with 150 as recently as September. A board overhaul announced Wednesday has left only one Canadian director, Michael Evans, and he lives in New York. Many of the company's new executives came from Randgold and just two of 14 upper management roles are held by Canadians.

Mr. Thornton, the executive chair, is American, South African Mark Bristow is chief executive officer, and another South African, Graham Shuttleworth, is chief financial officer. The highest-ranking Canadian left is Kevin Thomson, who serves as senior executive vice-president of strategic matters.

Soon Barrick will likely not have any mines left in Canada either. The company is planning to sell the Hemlo mine in Ontario, the only Canadian operation in its portfolio.

"Don't tell me in the Canadian mining industry there's not great people to run a company like Barrick," Mr. Lassonde said, whose Franco-Nevada is run entirely by Canadians.

A Hungarian immigrant, Mr. Munk founded Barrick in 1983 and grew it into the biggest gold company in the world. Around the time Canadian base-metal companies such as Inco and Falconbridge were being sold to foreign buyers, he marched into the offices of The Globe and Mail and demanded the newspaper draw attention to what he saw as the gutting of Canada.

When Mr. Munk tried to merge Barrick with U.S. competitor Newmont Mining in 2014, the deal was called off at the 11th hour amid a clash among chairmen and Newmont's plan to move Barrick's head office to the United States. That was a deal-breaker for Mr. Munk, who demanded it stay in Toronto.

In November, when asked if he thought the lack of Canadian influence at the top and its shrinking footprint in Canada was an issue people should care about, Mr. Thornton said, "The single most important thing that anyone should be focused on about any company is: Is it healthy and successful?

"The issue shouldn't be what's the nationality of the people running anything in any world-leading company," the Barrick executive chairman said. "The issue should be: Are they doing a good job or are they not doing a good job? That's all."

Mr. Thornton, who spent much of his career as an investment banker with Goldman Sachs, lives in Palm Beach, Fla., only occasionally visiting Toronto.

Mr. Bristow, the CEO, plans to spend much of his time abroad, visiting the company's international mines. He doesn't even like the term "head office" and doesn't really believe in them, he said. At Randgold, Mr. Bristow, who was both the CEO and founder, was known for running a highly efficient gold miner with little or no ties to any specific country. Randgold's head office in Jersey in the Channel Islands housed only a handful of people.

But Mr. Lassonde says while he's broadly in favor of Barrick's new decentralized management structure, there's still a need for a vibrant head office at any mining company, with the main decision makers working on site.

"The head office should be where the CEO is, where the chairman is, and where the CFO resides," Mr. Lassonde said. "This is going to be a phantom head office until the company is either sold or dismantled and then it's going to disappear. It cannot stay like this."

The cuts at Barrick's head office will likely have broad knock-on effects for Toronto's financial ecosystem that will mean less work for bankers, consultants, and legal professionals. Under Mr. Munk, Barrick regularly used RBC as one of its investment bankers. Although Barrick tapped Canadian banks for some of its smaller asset sales in recent years, the miner did not hire a domestic bank for the Randgold purchase.

Mark Selby, a former Inco executive and now president of junior nickel miner RNC Minerals, said what's happening at Barrick is part of a retreat from mining in Canada. The retreat kicked off with the gutting of the large base-metal companies in the mid-2000s and a shift of large mining headquarters away from Toronto toward London, such as Rio Tinto's acquisition of Alcan.

"Before, Toronto made sense to be there because you had this cluster of large companies, a cluster of capital providers and fund managers and investment analysts who helped allocate that capital. Those have all shrunk dramatically," Mr. Selby said. "There is less of a need to be in Toronto today."

Derek White, former executive with Billiton and now CEO of junior miner Ascot Resources Ltd., called it "a bit of a setback to our ability to remain as the center for global gold companies."

"It means that newer, smaller companies will have to come together to build up critical mass inside of Canada," he said. "If we want to be the bigger players, some of our players are going to have to come together to step up to the plate to make that happen."

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

CONTACT GATA
[e-mail]

Gold Anti-Trust Action Committee
7 Villa Louisa Road
Manchester, Connecticut
06043-7541 USA
www.gata.org

RECOMMENDED SITES
Recommended Internet sites for daily monitoring of gold and precious metals news and analysis.

Free sites:

http://www.24hgold.com

http://www.jsmineset.com

http://www.marketwatch.com

http://www.mineweb.com/

http://www.gold-eagle.com/

http://www.kitco.com/

http://www.usagold.com/dailyquotes.html

http://www.GoldSeek.com/

http://www.ingoldwetrust.ch/

http://www.GoldReview.com/

http://www.capitalupdates.com/

http://www.DailyReckoning.com

http://www.silver-investor.com

http://www.thebulliondesk.com/

http://www.sharelynx.com/

http://www.financialsense.com

http://www.fgmr.com

http://www.goldensextant.com

http://goldismoney2.com/forum.php/index.html

http://www.howestreet.com

http://www.minersmanual.com/minernews.html

http://www.jaytaylormedia.com

http://www.mineralstox.com

http://www.321gold.com

http://www.SilverSeek.com

http://www.investmentrarities.com

http://www.kereport.com (Korelin Business Report -- audio)

http://www.plata.com.mx/Mplata/default.asp (in Spanish)

http://www.plata.com.mx/mplata/articulos/articles.asp (in English)

http://www.resourceinvestor.com

http://www.miningmx.com

http://www.prudentbear.com

http://www.dollarcollapse.com

http://www.hardinvestor.net/

http://www.goldpennystocks.com/

http://www.oroyfinanzas.com/ (in Spanish)

http://www.goldcore.com/

http://coininfo.com/

http://www.milesfranklin.com

http://www.silverminers.com

http://www.PreciousMetalsMonthly.com

http://www.SilverStockReport.com

http://www.longwavegroup.com/

http://theaureport.com/

http://www.goldprice.org/

http://traderdannorcini.blogspot.com/

http://www.thegoldstandardnow.org/

http://www.runtogold.com/

http://www.goldandsilverblog.com

http://www.kingworldnews.com

http://www.goldsilver.com

http://biiwii.com/wordpress/

http://www.europeangoldcentre.com

http://www.silvermonthly.com/

Subscription sites:

http://www.lemetropolecafe.com/

https://edsteergoldsilver.com/

http://www.investmentindicators.com/

http://www.caseyresearch.com/

http://www.deepcaster.com/

http://www.vrtrader.net/

Eagle Ranch discussion site:

http://os2eagle.net/SSL/phpentry.php

Ted Butler silver commentary archive:

http://www.investmentrarities.com/

RECOMMENDED GOLD & BULLION DEALERS
Coin and precious metals dealers who have supported GATA and been recommended by our supporters:

Anglo Far-East Bullion Co.
Level 23, Monticello, Anastasio Ruiz N
Panama City, Panama
Contact: Alex Stanczyk
[phone]
[e-mail]
http://www.anglofareast.com

Aucoffre.com
9-11 Allee de l'Arche
Tour Ernst & Young
92671 Courbevoie
Tel: [phone]
Fax: [phone]
Contact: Jean-Franois Faure, President
[e-mail]
http://www.aucoffre.com

Blanchard & Co. Inc.
909 Poydras St., Suite 1900
New Orleans, Louisiana 70112
888-413-4653
http://www.blanchardgold.com

BMG Group Inc.
280-60 Renfrew Drive
Markham, Ontario L3R 0E1
Canada
888-474-1001
www.bmg-group.com
[e-mail]

BullionStar Pte. Ltd.
45 New Bridge Road
059398 Singapore
Singapore
[phone]
[e-mail]
https://www.bullionstar.com/

BullionWorks
5 Sager Drive
Rogers, Arkansas 72756
Contact: Ron Maines, Principal
479-790-1713
[e-mail]
http://www.bullionworks.com

CMI Gold & Silver
3800 N. Central Ave.
11th Floor
Phoenix, Arizona 85012
1-800-528-1380
Bill Haynes, President
[e-mail]
http://www.cmi-gold-silver.com

Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
Don Stott, Proprietor
1-888-786-8822
[e-mail]
http://www.ColoradoGold.com

El Dorado Discount Gold
13014 N. Dale Mabry Highway
Suite 133
Tampa, Florida 33618
623-643-8785
Contact: Steve Forehand
[e-mail]
http://www.eldoradogold.net

Fisher Precious Metals
Suite 210, 2151 West Hillsboro Blvd.
Deerfield Beach, Florida 33442
800-390-8576
Contact: Lynn Fisher, Vice President
[e-mail]
https://fisherpreciousmetals.com

Gainesville Coins
17860 North U.S. Highway 41
Lutz, Florida 33549
David Kim, CFA, Proprietor
813-482-9300x337
[e-mail]
http://www.Gainesvillecoins.com

Goldbroker.com
120 The Strand
GZR1027 Gzira, Malta
[phone]
Proprietor: Fabrice Drouin Ristori
[e-mail]
https://www.goldbroker.com

Gold & Silver Inc.
429 Santa Monica Blvd.
Santa Monica, California 90401
888-319-816-6
310-566-0730
[e-mail]
http://GoldSilver.com
http://OroPlata.com

Goldcore
14 Fitzwilliam Square
Dublin 2, Ireland
[phone]
... and ...
No. 1 Cornhill
London EC3V 3ND, England
[phone]
[e-mail]
http://www.goldcore.com

GoldMoney
Net Transactions Ltd.
1st Floor
32 Commercial St.
St Helier, Jersey JE2 3RU
British Channel Islands (UK)
Tel: [phone]
http://GoldMoney.com

Gold Silver Desk
22647 Ventura Blvd., Suite 1020
Woodland Hills, Ca 90230
David Weishaar, Executive Director
Tel: [phone] (direct)
Toll-Free: 818-486-GOLD (4653)
http://www.goldsilverdesk.com
[e-mail]

GoldSwitzerland
Matterhorn Asset Management AG
Bahnhofstrasse 28a
CH 8001 ZURICH
Switzerland
Tel: [phone]
http://goldswitzerland.com
http://matterhornassetmanagement.com

Investment Rarities Inc.
7850 Metro Parkway
Minneapolis, Minnesota 55425
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
[e-mail]
http://www.gloomdoom.com

Jaxville Gold and Silver Trading Co.
4901-48 St.
Parkland Square, Lower Mall
Red Deer, Alberta, Canada
Jack Fortin, Owner and Operator
403-346-5266
[e-mail]
http://www.jaxville.com

Jaggards Pty Ltd. (Established 1963)
Bullion and Rare Coin Dealers
Level 8, 74 Pitt St.
Sydney, NSW, Australia
contact: Robert or Yen
at [phone]
[e-mail]
http://www.jaggards.com.au

Liberty Coin Service
Bank of America Building
Frandor Shopping Center
300 Frandor Ave.
Lansing, Michigan 48912
Contact: Allan Beegle or Tom Coulson
[e-mail]
800-933-4720 or 517-351-4720
http://www.libertycoinservice.com

LinGOLD.com
41A Route des Jeunes
1227 Geneva, Switzerland
[phone]
Fax: [phone]
[e-mail]
http://www.lingold.com

LINGORO.com
Plaza de Carlos Trias Bertran 4, 2
28020 Madrid, Spain
[phone]
Fax: [phone]
[e-mail]
http://www.lingoro.com/

MRCS Canada
12303-118 Ave. NW
Edmonton, Alberta T5L 2K2
Canada
Michael Riedel, Proprietor
1-877-TRY-MRCS
1-877-879-6727
[e-mail]
http://www.mrcscanada.com

Miles Franklin Ltd.
801 Twelve Oaks Center Drive
Suite 834
Wayzata, MN 55391
1-800-822-8080
Contacts: David Schectman,
Andy Schectman, and Bob Sichel
http://www.milesfranklin.com

Missouri Coin Co.
11742 Manchester Road
St. Louis, Missouri 63131-4614
[e-mail]
314-965-9797
1-800-280-9797
http://www.mocoin.com

Money Metals Exchange
Box 2599
Eagle, Idaho 83616
[e-mail]
1-800-800-1865
https://www.moneymetals.com

Pacific Coin Exchange
300 Carlsbad Village Drive, Suite 207
Carlsbad, California 92008
Proprietor: Phil Onori
877-917-5266
[e-mail]
http://www.pacificcoinexchange.com

Precious Metals International, Ltd.
20 Genesis Place, DMS House, Ground Floor
George Town, Grand Cayman, KY1-1102
Cayman Islands
http://www.pmi.ky
[e-mail]
Toll-free: [phone]
Local: [phone]

Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
[e-mail]
http://www.buysilvernow.com

Royal Crown Precious Metals Ltd.
Suite 1500, HSBC Building
885 West Georgia St.
Vancouver, British Columbia V6C 3E8
Canada
Andreas Runge, President
Toll-free: 866-769-2521
604-639-2150
[e-mail]
http://www.RPMetals.com

Scottsdale Bullion and Coin
14500 Northsight Blvd.
Suite 204
Scottsdale, Arizona 85260
Contact: Tim Murphy
[e-mail]
602-365-0163, toll-free: 888-812-9892
http://www.sbcgold.com

Scottsdale Silver & Gold
20701 North Scottsdale Road
Suite 107-266
Scottsdale, Arizona 85255
1-888-SIL-BARZ or 1-888-745-2279
[e-mail]
http://www.ScottsdaleSilver.com

SD Bullion
8000 Yankee Road
Ottawa Lake, Michigan 49267
Contact: James Anderson, Tyler Wall
1-800-294-8732
https://SDBullion.com

Sheldon's Finest Coins
P.O. Box 194
30 Noelle Court
Lincoln Park, New Jersey 07035-2256
1-888-786-5678
Ed Sheldon CPA, Proprietor
[e-mail]
www.SheldonsFinestCoins.com

Silver Gold Bull Inc.
4819 45th St. / Box 2612
Rocky Mountain House, Alberta T4T 1L6
Canada
877-646-5303 or 877-646-5304
Fax: [phone]
[e-mail]
http://www.SilverGoldBull.com

Silver Trading Co.
445 Montgomery St.
PO Box 876
Shreveport, Louisiana 71107
Larry LaBorde, Proprietor
318-470-7291
[e-mail]
http://www.silvertrading.net

SprottMoney Ltd.
Royal Bank South Tower
200 Bay St.
Suite 2750, P.O. Box 90
Toronto, Ontario M5J 2J2
Canada
416-861-0775
or toll-free 888-861-0775
[e-mail]
http://www.sprottmoney.com

Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
Dean Heskin, CEO
1-800-BUY-COIN
[e-mail]
http://www.swissamerica.com

The Moneychanger
Box 178
Westpoint, Tennessee 38486
Franklin Sanders, Proprietor
1-888-218-9226, 931-766-6066
http://www.the-moneychanger.com

The Real Asset Co. Ltd.
2nd Floor, 8-9 Talbot Court
London, England EC3V 0BP
United Kingdom
[phone]
[e-mail]
http://therealasset.co.uk/

True Metals Group
728 West Ave., Suite 1100
Cocoa, Florida 32927
Daniel and Karina Ward, Owners
866-303-0781
[e-mail]
http://www.silver50.com

USAGold
Box 460009
Denver, Colorado 80246-0009
1-800-869-5115
Michael Kosares, Proprietor
[e-mail]
http://www.USAGOLD.com

Worldwide Precious Metals (Canada) Ltd.
Suite 1108-1030 West Georgia St.
Vancouver, British Columbia, V6E 2Y3
Canada
President: John P. Downes
Toll-free: 1-866-623-2002
Local 778-945-2002
[e-mail]
http://www.wwpmc.com

[Fibanotch]

gold bars , bet it and forget it...until 1900

[NYBob]

Will gold and silver miners join the lawsuits against JPMorganChase?

Submitted by cpowell on 02:42AM ET Tuesday, December 18, 2018. Section: Daily Dispatches
9:50p ET Monday, December 17, 2018

Dear Friend of GATA and Gold:

Are gold and silver mining companies joining the class-action lawsuits
being filed against investment bank JPMorganChase because of
the confession by a former futures trader for the bank who has
pleaded guilty to manipulating the monetary metals markets?:

https://www.cnbc.com/2018/12/13/jp-morgan-faces-lawsuits-after-guilty-pl...

While gold and silver mining investors are asking that question,
GATA has seen no evidence that their companies are joining
the lawsuits against JPMorganCase.

Of course few gold and silver mining companies have ever expressed interest in the market manipulation issue to begin with, even though GATA has been documenting manipulation for 20 years and two years ago another investment bank, Deutschebank, settled similar gold and silver market rigging lawsuits by offering $100 million in damage payments and providing evidence against other market riggers:
http://www.gata.org/node/16380

It's not clear whether gold and silver mining companies would qualify as participants in the lawsuits. Such lawsuits have been construed to be open only to those who traded gold and silver futures contracts during specified periods. But gold and silver mining companies, especially producing companies, sometimes trade futures to hedge their production and other financial obligations, so they might qualify.

Still, gold and silver mining companies might be too scared to join the lawsuits, since, while they are silent on market manipulation, they may know about it and understand a few things only too well:

-- That suppression of monetary metals prices is actually longstanding government policy and that governments are the underlying parties in interest.

-- That governments have total control over the mining business through issuance of mining permits, enforcement of environmental regulations, and royalty requirements.

-- That governments might not take kindly to mining companies that questioned government policy so sharply.

-- That mining is the most capital-intensive business and as such cannot operate without financing from the biggest investment banks, like JPMorganChase, and that those banks are formally agents of governments in implementing government policy in the markets.

Indeed, many gold and silver mining companies have used JPMorganChase for financial services even as the bank's futures trading now has been shown to have been rigging the prices of the gold and silver mining industry's product.

Nevertheless, investors in gold and silver mining companies might do well to press their companies for comment on the class-action lawsuits against JPMorganChase and Deustchebank, about gold and silver market rigging generally, and about whether the miners should start supporting GATA in pursuit of free and transparent markets in the monetary metals.

At least their timidity has gotten the gold and silver miners nowhere.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[e-mail]

* * *
Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

God Bless

[NYBob]

Jay Taylor: GATA has proved gold market manipulation, and here's more proof
By: Chris Powell

0 1 0 Google +0 0

-- Published: Wednesday, 5 December 2018 | Print | Comment - New!

Dear Friend of GATA and Gold:

http://news.goldseek.com/GATA/1544015100.php

God Bless America

[NYBob]

Sibanye shuts gold mines in South Africa as strike turns violent



http://www.mining.com/sibanye-shuts-gold-mines-south-africa-strike-turns-violent/

xxxx xxxx
Happy Thanksgiving To All
God Bless America

[ernie44]

barrick no longer top kid on the block

reason ; Newmont daily gains are 8x what ABX's are

[NYBob]

Barrick Shareholders Overwhelmingly Approve Randgold Merger

Barrick Gold (NYSE:ABX)
Historical Stock Chart
1 Month : From Oct 2018 to Nov 2018

Click Here for more Barrick Gold Charts.
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick” or the “Company”)
today announced that the Company’s shareholders have voted to approve
the issuance of Barrick common shares in connection with the Merger of
Barrick and Randgold Resources Limited (“Randgold”), and the continuance
of Barrick to the Province of British Columbia under the Business
Corporations Act (British Columbia).

https://ih.advfn.com/p.php?pid=nmona&article=78614644

God Bless

[Fibanotch]

hummm, great info

[NYBob]

South Africa's 3 largest gold miners lost $543 million altogether last year ...

Submitted by cpowell on 07:08PM ET Sunday, October 7, 2018. Section: Daily Dispatches
... but none of them questioned gold price suppression by governments and central banks.

* * *

It will be all turn positive -
the NWO deep state mafia lose control -
the most power full Army in the world is
US People elected Trump leader -

* * *

South African Gold-Mining Companies Pay High Price to Keep Digging

By Alexandra Wexler and Thandi Ntobela
The Wall Street Journal
Sunday, October 7, 3018

JOHANNESBURG, South Africa -- South African gold miners have literally dug themselves into a hole, with the world's deepest mines threatening the safety of workers and the companies' ability to make money.

Powered for decades by the cheap labor of apartheid, the country's deepest gold mines plunge almost 12,000 feet below the earth's surface -- and have provided nearly half the gold bullion and jewelry ever produced.

... Dispatch continues below ...

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.
Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

But as miners have dug ever deeper to retrieve what remains of the world's largest gold deposits, they have faced an economic and moral conundrum: Gold at these depths is costlier and more dangerous to mine.
South Africa's three largest gold miners by market capitalization reported collective losses of about $543 million last year, as global gold prices remain some 40 percent below their 2011 highs. Costs of mining an ounce of gold in South Africa are high compared with the global average. And the human toll is mounting too.

Deaths in South African mines rose for the first time in a decade last year, climbing 21 percent to 88 from 73 a year earlier. So far in 2018, 65 workers have died, including 24 deaths at Sibanye Gold Ltd., South Africa's largest gold producer. ...

... For the remainder of the report:

https://www.wsj.com/articles/south-africa-gold-mining-companies-pay-high...

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

[NYBob]

Trump Ending the Fed & Returning the Gold Standard?
He said it, in 88 campaign stops -

https://www.youtube.com/watch?v=SqV5WESryBY

"Deep States NWO khazarian cabals banksters mafia" and their
all fraud "media incl Tv channels, depopulation schemes etc."
working to 100% against Him, plus
tried to murder Him >12 times? etc.
etc.
the 666-evils have to go up in their on 666-fires -

While there are certainly forces within the “Deep State“ or
“Shadow Government” that obviously oppose any moves to bring back the
gold standard and end the federal reserve, the timing may be ideal
for a massive push to accomplish both of these tasks.
Arguably, there has been no U.S. president whose every move has been
scrutinized and reported on more than that of Donald Trump.
He has over 26 million followers on Twitter, is being covered every day
and night by every mainstream media outlet and many alternative media
outlets.
Much of what Trump says, does or Tweets about is further reported on
and reaches hundreds of millions of people around the world.
With respect to bringing back the gold standard and ending the Federal
Reserve, Trump needs only to utilize the media’s spotlight to begin
making a focused and consistent push in talking, and even tweeting
about these two issues.
In essence, Trump can create a groundswell, grassroots movement from
the masses in support of these two moves that will cut off the Deep
State’s ability to control the global financial system.
Though there are certainly complicated logistical moves needed to take
place to bring back The Gold Standard and end "the 666 Federal Reserve,
slave currency" the basis of accomplishing these items are surprisingly
simple.
To begin, the issues must not only be tweeted and talked about
consistently, the public needs to be educated on why these moves will
benefit the U.S and the rest of the world.
Most importantly, the public must be educated as to why these moves
will benefit democrats, republicans, libertarians and all other
parties, including those who don’t engage in politics at all.
The masses must learn why these two moves will benefit all people.
As activist and comedian George Carlin once said, “the owners of the
country don’t want an educated populace capable of critical thought
sitting around the kitchen table realizing how badly they are getting
screwed.”
Henry Ford also made this point very clear: “It is well enough that the
people of the nation do not understand our banking and monetary system,
for if they did, I believe there would be a revolution before tomorrow
morning.”
Educating the masses on how badly the U.S. and all nations around the
world are being conned by the global elite is a surefire way to create
a groundswell that topples the elite and their control systems.
Alternative News
Source:
sitsshow.blogspot.com

http://www.888C.com
God Bless America

[Fibanotch]

what is best, options or equities , in this case? do u forecast price action or steady PPS increase?

[Fibanotch]

abx... needed something to move geeez.

[EmptyBones]

ahh thx

[slazenger7]

It came out pre market open - Date :09/24/2018 @ 8:04AM

https://ih.advfn.com/p.php?pid=nmona&article=78315920

[EmptyBones]

did that come out after hours

[NYBob]

Barrick Announces Agreement with Shandong Gold for Cross Shareholding of up to $300 Million
Share Press Release
(opens in new window) DOWNLOAD PDF
SEPTEMBER 24, 2018

ALL AMOUNTS EXPRESSED IN U.S. DOLLARS UNLESS OTHERWISE INDICATED
TORONTO —
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick” or the
“Company”) today announced that it has entered into a mutual investment
agreement with Shandong Gold Group Co., Ltd. (“Shandong Gold”), further
strengthening Barrick’s partnership with one of China’s leading mining
companies.

Under the Agreement, Shandong Gold will purchase up to $300 million of Barrick shares, and Barrick will invest an equivalent amount in shares of Shandong Gold Mining Co., Ltd., a publicly listed company controlled by Shandong Gold. Shares will be purchased in the open market.

“This mutual investment is another reflection of the deepening partnership between our two companies,” said Barrick Executive Chairman John L. Thornton. “Barrick and Shandong both believe that by working in partnership, we can leverage our collective strengths to unlock long-term value for our respective shareholders, just as we are at Veladero today, with the potential to expand to Lama and other El Indio Belt projects in the future.”

Yumin Chen, Chairman of Shandong Gold Group, commented: “Building on the enhanced strategic cooperation agreement entered on July 9, 2018, Shandong Gold Group is pleased to announce further steps to deepen the strategic partnership with Barrick Gold Corporation, through this mutual investment and cross shareholding initiative, to capitalize on respective strengths and realize long-term synergies and to unlock long-term value for the respective shareholders. Building on the excellent partnership at Veladero today, we believe additional long-term strategic value can be created by working closely together on other projects including Lama and El Indio Belt projects in the future.”

Barrick and Shandong Gold are 50-50 joint venture partners at the Veladero mine in Argentina, the first step in the partnership between the two companies. As a second step, Shandong Gold is currently carrying out an independent evaluation of Barrick’s Lama project, including an analysis of potential synergies between Lama and the nearby Veladero operation. Barrick and Shandong Gold have also created internal working groups that are sharing technical expertise and best practices focused on best-in-class mining practices and innovation.

INVESTOR CONTACT
Deni Nicoski
Senior Vice President
Investor Relations
Telephone: [phone]
Email: [e-mail]

MEDIA CONTACT
Andy Lloyd
Senior Vice President
Communications
Telephone: [phone]
Email: [e-mail]

[NYBob]

Barrick Buys Randgold to Build World’s Largest Gold Miner
Stockhouse Editorial
0 Comments| 3 hours ago

Read more at
http://www.stockhouse.com/news/newswire/2018/09/24/barrick-buys-randgold-to-build-world-s-largest-gold-miner#ocZJ8mB4TQhurKTe.99

God Bless

[Fibanotch]

wow, great info...thanx

[NYBob]

Barrick Gold, Randgold Said to Be in Advanced Merger Talks
Commodities3 hours ago (Sep 24, 2018 03:37)

https://uk.investing.com/news/commodities-news/barrick-gold-randgold-said-to-be-in-advanced-merger-talks-1324262

God Bless

[goldbaby]

"Palast’s book also explores the relationship between the Bush family and a Canadian mining company, the Barrick Corporation.