Replies to post #2865 on Barrick Gold Corp (ABX)

[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

[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