Barrick granted ten exploration licences in Tanzania
The gold giant will spend $8 million in exploration in the African country by year-end.
The gold giant will spend $8 million in exploration in the African country by year-end.
Wheaton is the largest metals and mining company to join the London Stock Exchange since Glencore in 2011.
Production outlook for the mine was previously set at 340,000-370,000 ounces in 2020.
Company reported a new quarterly production record of 3,092 tonnes of vanadium pentoxide (V2O5) in Q3 2020, a 5% increase over Q3 2019.
The Canadian miner is also said to be considering moving its primary stock listing to London and doubling down on its portfolio of assets in Russia and West Africa.
Operating Engineers Local 3 filed an unfair labour practice complaint with the National Labour Relations Board when Nevada Gold Mines withdrew recognition of the union.
The cabinet national security review, under the Investment Canada Act, raises concerns that the deal may not be able to close by a Feb. 8, 2021, deadline to complete the sale.
The reopening comes a year after previous owner Semafo shut it following an attack that killed 39 civilians.
Company’s shares were trading at 467.50 GBP under the ticker AUY at Tuesday's close.
The deal includes the sale of Barrick’s mining claims, historical resources, permits and water rights in the 1,500 acres adjoining Bullfrog’s project in Nevada.