Gold price rebounds on stimulus bets, weak dollar

Chief Executive Officer Gary Goldberg said while not interested in the entire companies, he would interested in buying Barrick’s half of their shared Kalgoorlie mine in Australia, which Newmont operates.

The deal follows the restart of open pit mining at Wiluna, which has produced more than 4.4 million ounces of gold since 1896.

Down 18% in H1.

Deal with Luminex gives Anglo the right to earn a 60% ownership interest in a JV company, which indirectly holds three copper and gold concessions in Ecuador.

The transaction includes the acquisition of three producing mines and an advanced stage project.

Gold is set to surge over the next year as concerns deepen about the widening U.S. budget deficit.

Few gold mines can operate profitably below 1 gram a ton which is equivalent to extracting two teaspoons of gold from a Statue of Liberty’s worth of ore.

Randgold's founder Mark Bristow has been a thorn in the side of Barrick Gold Corp. Now he’s its closest partner.

The new Barrick, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be the world's top bullion producer by both value and output.