The transaction includes the acquisition of three producing mines and an advanced stage project.
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.
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.
Almost 18,000 lots traded in debut day, equal to 90,000 tonnes of metal.
Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.
Nova Scotia’s mining industry has established a new not-for-profit organization to manage its proposed Minerals Play Fairway project.
It would resolve shareholder claims stemming from the Nov. 5, 2015 bursting of the Fundão dam in Minas Gerais run by Samarco.
For the first time in 17 years commercial participants in gold futures flipped their COMEX positioning to net long.
Subway expansion plans require 80 million tonnes of steel, a need which arises as Beijing looks to boost economy amid trade war with U.S.