TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock from the site to a custodial bank, further preventing the shipment and sale of the gold. As a result, Barrick has regrettably initiated the temporary suspension of oper ...

Author Background - Neils Christensen has over a decade of reporting experience, specializing in financial sector coverage since 2007 [2] - He holds a diploma in journalism from Lethbridge College and has covered territorial and federal politics in Nunavut, Canada [2] - Currently works for Kitco Metals Inc and can be contacted at 1 866 925 4826 ext 1526 or via email at nchristensen at kitco com [2] Article Context - The article is for informational purposes only and does not constitute a solicitation for any financial transactions [1] - The views expressed are those of the author and may not reflect the official stance of Kitco Metals Inc [1] - Neither Kitco Metals Inc nor the author guarantees the accuracy of the information provided [1]

Barrick Gold (NYSE: GOLD ) (TSX: ABX:CA ) is one of the largest gold mining companies around. The company has a market cap of $27.5B and an enterprise value of $36.8B, which includes a minority interest of $8.8B from a number of jointIf you like this article and are interested in more frequent analysis of my holding companies, real-time notifications on portfolio changes, together with macro and industry analysis. I would encourage you to have a look at my marketplace service, Off The Beaten Path.I primaril ...

RUA GOLD Utilizes VRIFY AI to Prioritize Cumberland, Following up on Exceptional Historic Drill InterceptJanuary 13, 2025 7:00 AM EST | Source: Rua Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - January 13, 2025) - Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") is pleased to advise on the updated Cumberland gold camp drill target. This follows on from the integration of VRIFY AI into RUA's extensive geological database and the consolidation of the ...

Barrick Gold Corporation (GOLD) has stated that it remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. Furthermore, an interim attachment order has been issued against the current gold stock on site, preventing its export and disrupting routine operations. GOLD believes the interim attachment order is unjustified and contravenes the agreed dispute settlement mechanisms.GOLD noted that this prohibition on shipping gold not only affects operations but also affects the local e ...

Barrick Gold Corporation’s (GOLD) shares have lost 21.1% in the past three months, underperforming the Zacks Mining – Gold industry’s 10.9% decline.GOLD’s shares are trading roughly 27% below its 52-week high of $21.35, reached on Oct. 21, 2024. The downward spiral in GOLD’s stock partly reflects its weaker-than-expected earnings performance in the third quarter on lower gold production and higher costs despite higher realized gold prices. GOLD’s third-quarter 2024 gold production fell roughly 9% from the p ...

Analyst Background - The analyst started trading on the Moscow Exchange in 2005 and has been a financial markets analyst since 2010 [2] - The analyst has worked in several brokerage companies in Russia and Ukraine, and also for a leading financial media outlet in Ukraine, covering global markets [2] - The analyst specializes in macroeconomics and general market trends, with a background in economic education from Yakutsk State University [2] Seeking Alpha Contribution - The analyst views Seeking Alpha as a platform to transition from regional markets to global markets, sharing insights and ideas with a worldwide audience [2] - The analyst has no current stock, option, or derivative positions in the mentioned companies but may initiate a long position in GOLD within the next 72 hours [2] Disclosure and Disclaimer - Seeking Alpha emphasizes that past performance does not guarantee future results and does not provide investment recommendations or advice [3] - The platform's analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified by any regulatory body [3]

The latest trading session saw Barrick Gold (GOLD) ending at $15.84, denoting a -0.81% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.26% for the day. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 1.77%.Heading into today, shares of the gold and copper mining company had lost 5.78% over the past month, outpacing the Basic Materials sector's loss of 9.43% and lagging the S&P 500's loss of 2.82% in that time.The upcoming earnings rel ...

Alluvial Gold Research offers in-depth research on my favorite miners ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts, as well as the following:Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOLD, ABX:CA, ITRG, ITR:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my ...

Barrick Gold (GOLD) closed the latest trading day at $15.23, indicating a -1.81% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.09%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.1%.Shares of the gold and copper mining company witnessed a loss of 13.3% over the previous month, trailing the performance of the Basic Materials sector with its loss of 7.73% and the S&P 500's loss of 0.29%.Market participants will be closely fol ...