In my previous posts here and here , I compared the 12 most important gold miners whose stocks trade on the US markets, focusing on the total cash costs of producing gold and the gold reserves of each one of these companies.
Barrick Gold is an appealing asset for a long-term defensive position against unpredictable U.S. and international macroeconomic conditions. Below, I will explain why current shareholders should hold onto this stock for the long term, while interested investors should consider this asset.
Per a report from Veritas Investment Research in Toronto, Barrick Gold Corporation (ABX) is exploring the possibility of acquiring Kinross Gold Corporation (KGC), Canada's third-largest gold miner.
Newmont Mining will soon resume work on its Conga gold project as the miner has accepted the Peruvian government’s condition to build water reservoirs to ensure water supply in the nearby areas.