Tag: Barrick Gold CorpBarrick Gold Corp
Canada’s Barrick Gold Corp making a painful adjustment to a sustained slump in bullion prices, reported progress in controlling costs and said it planned further cuts in capital spending.
Barrick Gold is resuming operations Friday at its Pierina mine in Peru after violent clashes this week between police and nearby villagers left one person dead and four injured.
The Canadian government reaffirmed its support of the Falkland Islands and their right to self determination, according to a report from the Canadian edition of The Wall Street Journal.
Barrick Gold, the world’s biggest gold miner, says its capital costs to develop a giant mine high in the Andes could reach 8 billion dollars and has delayed production until 2014.
Canadian mining giant Barrick Gold Corp. suffered a legal setback on Tuesday as Argentina's Supreme Court reversed preliminary injunctions that have blocked key parts of a glacier protection law.