VANCOUVER, BC, Dec. 4, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce that it has terminated its gold purchase and sale agreement (the "Agreement") with Red Kite Opportunities Master Fund Limited ("Red Kite") for total cash consideration of US$13 million. Under the Agreement, the Company had been required to sell 100% of gold production from the Asanko Gold Mine (the "AGM"), up to a maximum of 2.2 million ounces, at a spot price sele ...

VANCOUVER, BC, Dec. 3, 2024 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to report new assays from its 2024 drilling of the P-, O-, M-, and N Zone's at the historic Scottie Gold Mine (SGM). The Scottie Gold Mine Project, which includes the 100% owned historic mine and the adjacent Blueberry Contact Zone is located 35 kilometres north of the town of Stewart, BC, along the Granduc Road.Highlights: Figure 1: Overview plan view map of ...

Core Viewpoint - Barrick Gold Corporation has welcomed the dismissal of human rights claims against it by Tanzanian residents, asserting that the allegations are baseless and that the Ontario court is not the appropriate venue for such claims [1][2]. Group 1: Legal Developments - The Ontario Superior Court ruled that it was not the appropriate forum to consider the claims brought by Tanzanian residents [2]. - Barrick Gold's president and CEO, Mark Bristow, stated that the company has consistently refuted the claims made by a small number of activist NGOs regarding historical human rights abuses at the North Mara mine [2]. Group 2: Company Achievements and Contributions - The company expressed pride in its achievements in Tanzania through the Twiga partnership with the government, highlighting the transformative effect of its mines' revenue on the country's economy [3]. - Barrick Gold emphasized its investment in the socio-economic development of host communities and its holistic sustainability strategy, which has materially improved the quality of life for these communities [3].

Core Viewpoint - Barrick Gold Corporation is facing legal challenges in Mali, with four employees charged and detained, while the company seeks to resolve disputes with the Malian government to ensure the sustainability of its Loulo-Gounkoto mining complex [1][3]. Group 1: Legal and Operational Context - Four employees of Barrick's Loulo-Gounkoto mining complex have been charged and detained, with the company refuting these charges [1]. - The company is actively pursuing a Memorandum of Agreement with the Malian government to define the partnership framework and the state's share of economic benefits from the mining complex [2]. - Despite unsuccessful attempts to reach a resolution, the company remains committed to engaging with the government to address claims against the company and its employees [3]. Group 2: Future Engagement and Strategy - The company emphasizes its intention to negotiate a mutually acceptable solution with the Malian government regarding ongoing disputes [4]. - There is potential for increasing the government's share in the economic benefits generated by the Loulo-Gounkoto complex, which is part of the ongoing negotiations [4].

Barrick Gold Corporation (GOLD) has updated its mineral resource estimate for its fully-owned Fourmile project in Nevada, marking a 192% increase in indicated resources (1.4 million ounces grading 11.76g/t), a 137% rise in inferred resources (6.4 million ounces grading 14.1g/t) and a 35% increase in grade from Barrick's 2023 year-end mineral resource estimate. The increases include the inclusion of 25 new drill holes in the 2023 mineral resource estimate throughout the southernmost region of the orebody and ...

Investors in Barrick Gold Corporation (GOLD) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $3 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

All amounts expressed in US dollars NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) said today it was making significant progress in building a business for the future with a peerless Tier One1 focused asset portfolio and a strategy that continues to uncover and unlock value, while also fostering productive partnerships in its host countries. Speaking in New York to investors at an in-depth presentation on the group’s position, achievements and plans, president and ...

All amounts expressed in US dollars NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) --  Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today updated its mineral resource estimate for its wholly-owned Fourmile project in Nevada, resulting in a 192% increase in indicated resources (1.4 million ounces grading 11.76g/t), a 137% increase in inferred resources (6.4 million ounces grading 14.1g/t) and a 35% increase in grade relative to Barrick’s 2023 year-end mineral resource estimate1. The increases reflect the addition ...

VANCOUVER, BC, Nov. 21, 2024 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to report new assays from its 2024 drilling of the O-, M-, and N Zones at the historic Scottie Gold Mine (SGM). The drilling intercepted multiple high-grade gold intervals around the historic mine and will be used in the project's maiden Mineral Resource Estimate (MRE), planned for Q1 2025. The Scottie Gold Mine Project, which includes the 100% owned historic min ...

Barrick Gold (NYSE: GOLD ) (TSX: ABX:CA ) is one of the world's largest companies that engages in the production and sale of gold and copper; additionally, GOLD engages in other related activities such as exploration and mine development. GOLD's headquarters isWith over 7 years of experience in the buy-side, my investment philosophy is rooted in both fundamental bottom-up analysis and quantitative modelling. My forte lies in identifying perception gaps to capitalize on over-pessimism and excessive exuberanc ...