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EmailWire.Com (Free subscription) | 01/10/2008
(EMAILWIRE.COM, October 01, 2008 ) DALLAS, Texas Beacon Equity Research announces the release of a Trade Alerts covering market movers: Elray Resources Inc. (OTCBB: ELRA), Valence Technology Inc. (Nasdaq: VLNC), dELiA*s Inc. (Nasdaq: DLIA), Akorn Inc. (Nasdaq: AKRX), Barrick Gold Corp. (NYSE: ABX)...
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Sufiy. (Free subscription) | 24/09/2008
The opinion from biggest gold producer is definitely worth more then all other subprime spins in the market: " Sept. 24 (Bloomberg) -- Barrick Gold Corp. Chairman Peter Munk said bullion prices will go higher, driven by large-scale buying by ``major, major'' holders of dollars who fear the effects of the U.S. government's bailout plan on the currency. Central banks or sovereign wealth funds are among...
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Business Wire (Free subscription) | 18/09/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting
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Seeking Alpha (Free subscription) | 17/09/2008
FP Trading Desk submits: Barrick Gold Corp. (ABX) and Goldcorp Inc. (GG) are still bullish on long-term gold prices despite the recent correction in the precious metal, according to a new note from Credit Suisse In a wrap-up of last week's Denver Gold Forum, analyst Anita Soni told clients that Barrick believes the re-emergence of global inflation, low real interest rates and renewed credit concerns...
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Seeking Alpha (Free subscription) | 14/09/2008
FP Trading Desk submits: Barrick Gold Corp. (ABX) and Hudbay Minerals Inc. (HBMFF.PK) have been tagged with an "oversold" moniker by Dundee Securities. Paul Burchell, Dundee's mining analyst said: Complete Story »
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CBC.ca (Free subscription) | 05/09/2008
Barrick Gold Corp. said on Friday it has received 94 per cent of the outstanding shares of Cadence Energy Inc., effectively grabbing the Alberta oil producer and its 3,600 barrels of daily crude production.
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Kilimanjaro Mining Company (Free subscription) | 27/08/2008
August 27, 2008 Barrick Gold Corp., the world’s biggest gold miner, may open its fourth mine in Tanzania in mid- 2009 at a capital cost of $400 million (U.S.).The development of the Buzwagi mine site in northern Tanzania is on schedule and on budget with 80 per cent of the funds spent, Barrick said yesterday in [...]
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Seeking Alpha (Free subscription) | 26/08/2008
FP Trading Desk submits: Barrick Gold Corp.'s (ABX) higher cash cost guidance will likely dampen upside in the stock, says RBC Capital analyst Stephen D. Walker. Mr. Walker decreased his price target on Barrick shares from C$48 to C$45 and maintained his "sector perform" rating after increasing his 2008 average total cash cost forecast by C$30. The analyst's new price target represents a roughly 12%...
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atHome Top Story (Free subscription) | 07/08/2008
Barrick Gold Corp. has agreed to buy $87.5 million in oil and gas assets from Daylight Resources Trust as part of its strategy to offset energy costs at its mining operations.
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Seeking Alpha (Free subscription) | 03/08/2008
FP Trading Desk submits: Canada’s largest gold producers both reported second quarter results on Thursday, and while Barrick Gold Corp.’s (ABX) were much better than rival Goldcorp Inc.’s (GG), the latter’s C$1.5-billion purchase of Gold Eagle Mines Ltd. (GEAFF.PK) drew much of the attention. Gold Eagle’s roughly C$150-million in cash and ownership of the Bruce Channel Discovery exploration project...
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The Denver Business Journal (Free subscription) | 31/07/2008
Royalty company Royal Gold Inc. said Thursday it will buy a portfolio of royalties from Barrick Gold Corp. for $150 million and reduce its royalties on a mine in Nevada. (RGLD) (ABX)
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24/7 Wall St. (Free subscription) | 31/07/2008
So much for high gold prices translating to earnings. Barrick Gold Corp. (NYSE:ABX) and Goldcorp Inc. (NYSE:GG) both reported second quarter numbers before... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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Market Watch (Free subscription) | 31/07/2008
NEW YORK (MarketWatch) -- Barrick Gold Corp. on Thursday said Barrick second-quarter net income rose 22% to $485 million, or 56 cents a share, from $396 million, or 46 cents a share in the year-ago period. Operating income rose to 61 cents a share from 39 cents a share. Wall Street analysts surveyed by FactSet forecast earnings of 57 cents a share, on average. The company cited higher gold prices...
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SignalBlog (Free subscription) | 23/07/2008
Iamgold Corp., a Canadian gold mining company, said Wednesday it acquired the participation royalty on the Doyon/Westwood property in Quebec from Barrick Gold Corp. for $13 million in cash. The deal eliminates the royalty obligation on the Doyon mine, which is 24.75 percent of the gold price above $375 per ounce. Based on current gold prices, [...]
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SignalBlog (Free subscription) | 19/07/2008
Gold mining company Barrick Gold Corp. said Friday its board of directors has appointed Greg Wilkins as executive vice chairman, following his resignation as president and chief executive officer. Wilkins, 52, served as CEO from February 2003 until going on medical leave March 27. Since then, Chairman Peter Munk has served as acting CEO and will [...]