The world’s largest gold miner, Barrick Gold, is considering shrinking its footprint as the company shifts focus towards returns rather than production volumes, chief executive officer Jamie Sokalsky said.
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Finding the way from explorer to producer
Tough economic times have hit Australia’s shores and miners are no longer equipped to bear the brunt, but as one mining executive explains, even at the darkest hour there is opportunity. Alex Heber reports.
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Barrick rumoured to be selling WA gold mines
Rumours have emerged that Barrick Gold is looking to sell three gold mines in Western Australia in order to reduce debt and fight-off a credit rating downgrade.
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Before/after images of PNG mine rehabilitation
Barrick Gold have released striking new images showing the transformation of a mine in Papua New Guinea after its rehabilitation plan kicked in.
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A tough year for the top ten miners
It is not just stock prices that have suffered this past year, as mining CEOs feel the heat.
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Seven in the running to be Anglo’s new CEO
Executives headhunted from BHP Billiton, AngloGold Ashanti, Barrick Gold, and Xstrata are all in the race to become Anglo American’s new CEO.
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Tough run for world’s top ten gold miners
Despite being the top ten gold miners in the world during historically high prices, getting on top, and staying there, is difficult.
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Violent protests kill one at Barrick Gold’s Peru mine
Barrick Gold has halted production on one of its gold mines in Peru following violent protests that have left one protestor dead and another four injured.
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ASIC fines Barrick Gold
Eight subsidiaries of Barrick Gold have been fined a total $127,000 for failing to lodge documents with the Australian Securities and Investments Commission.
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Gold production takes a hit
Australia's gold production fell five per cent in the first three months of 2012, marking the third consecutive quarter of loses, according to mining consultants Surbiton Associates.
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Australian miners stranded in Mali
Five Australian miners have been stranded in Mali, caught inside the country's worsening civil war.
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WA home to top 4 gold mines
Western Australia is home to the nation's top four producing gold mines, with Australia remaining the world's second largest gold producer in 2011, according to Surbiton Associates.
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