Barrick and PNG reach deal over Porgera mine

The Canadian province is resource-rich, and home to Vancouver, the mining junior capital of the world.

The portfolio would include their Kalgoorlie super pit 50/50 joint-venture in Western Australia, as well as other regional assets such as Porgera, Tanami and Boddington mines.

The company has only good things to say about the proposed changes.

De Beers announced the change as its mining footprint in both countries is shrinking.

Klein won’t have to share his fees with other large U.S. or European investment banks.

And Newmont CEO Gary Goldberg has the slides to prove it.

The miners signed a binding arrangement pursuant to which Titan will acquire all of the issued and outstanding Core Gold common shares by way of a share exchange.

The Vancouver-based firm exceeded the high end of its increased 2018 guidance of 19,000 ounces.

If successful, the move will create the world’s largest gold company with a value of around $42 billion at current market prices.