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Fidelity International, one of the largest shareholders in Acacia Mining ( OTCPK:ABGLF ), says Barrick Gold's (NYSE: GOLD ) low bid to buy Acacia showed a lack of judgment and the deal's rejection is a " no brainer ." More news on: Acacia Mining plc, Barrick Gold Corporation, Acacia Mining...
( Source ) We are yielding to popular demand in this week's edition of Resource Sector Digest . ( Vol. 134 - May 27, 2019 ) Brought to you by Itinerant and The Investment Doctor . In case you missed out on previous editions of this newsletter, simply click here , here or ...
Barrick Gold's ( GOLD -0.2% ) offer to buy the rest of Acacia Mining ( OTCPK:ABGLF ) is fair because it reflects the risk of increasing its exposure to Tanzania, says CEO Mark Bristow. More news on: Barrick Gold Corporation, Acacia Mining plc, Acacia Mining PLC ADR, Commodities ne...
Barrick Gold's ( GOLD -2.1% ) offer to take full control of its Acacia Mining ( OTCPK:ABGLF ) unit to resolve a long-standing tax dispute with Tanzania has drawn opposition from Acacia's minority shareholders. More news on: Barrick Gold Corporation, Acacia Mining plc, Acacia Mining PLC...
Barrick Gold (NYSE: GOLD ) offers to acquire all shares it does not already own in Acacia Mining ( OTCPK:ABGLF ) for $285M through a share for share exchange of 0.153 Barrick shares for each ordinary Acacia share. More news on: Barrick Gold Corporation, Acacia Mining plc, Acacia Mining P...
Acacia Mining ( OTCPK:ABGLF ) hit back at parent company Barrick Gold ( GOLD -2.4% ) allegation that Acacia was an obstacle to solving a tax row in Tanzania. More news on: Barrick Gold Corporation, Acacia Mining plc, Commodities news, Read more ...
Gold edged up slightly on Thursday (April 18) after data showing that eurozone businesses were under pressure brought concerns surrounding global growth back into the spotlight. The yellow metal made its way out of the near four month low it touched in the previous session, but rem...
Acacia Mining’s (LSE: ACA ,OTC Pink: ABGLF ) gold production slipped 13 percent during the first quarter of 2019, mainly due to lower output from its North Mara and Buzwagi mines, the company announced on Monday (April 15). Although the Tanzania-focused miner only managed...
The share price of Sarama Resources ( SRMMF ) has gotten off to a good start so far this year despite the fact that gold is still having a rather difficult time staying entrenched above the $1,300/oz mark. Year-to-date, shares of SRMMF are up an impressive 111.1%. As I mentioned in my previ...
Barrick Gold (NYSE: GOLD ) says it reached a plan to settle disputes between its 63.9%-owned Acacia Mining ( OTCPK:ABGLF ) unit and Tanzania's government, which includes a $300M payment to resolve tax claims in the country. More news on: Barrick Gold Corporation, Acacia Mining PLC, Acaci...
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Last Friday (July 19), the S&P/TSX Venture Composite Index (INDEXTSI: JX ) rose by 2.32 points to 590.35; a gain of 0.39 percent. The week saw gold keeping well above the US$1,400 mark, while in base metals more investors turned to nickel with its looming supply deficit, sending t...
Gold eased on Friday (July 19), as a result of investors booking profits in response to prices shooting past US$1,450 per ounce and hitting a six year peak. Despite the slight ease in Friday’s session, the yellow metal is on track to post a second week of gains thanks to o...
Play Video The gold price is headed for its best month in three years as investors await a meeting between the United States and China. On Friday (June 28), the yellow metal edged up and was also on track to hit...