Artemis Gold’s Blackwater mine at final commissioning stage
Artemis now expects to feed first ore to the ball mill in the next few weeks and continues to target first gold pour before year end.
Billionaire George Soros isn’t waiting around to see if this year’s surge in gold-mining shares will last.
Soros Fund Management LLC, which took a $263.7 million stake in Barrick Gold Corp. in the first quarter, cut its holdings in the world’s biggest producer of the metal by 94 percent in the ensuing three months, a U.S. regulatory filing showed Monday. After climbing 169 percent in the year through June, its best-ever performance for the period, Barrick shares have slipped from a three-year high reached last month.
Barrick, Soros’s biggest holding in the first quarter, was the investor’s biggest sale in the second quarter.
