Barrick(GOLD)

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Barrick Gold Benefits From Uncertainty
Seeking Alpha· 2025-04-24 21:11
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Barrick Gold Corporation (NYSE: GOLD ) is one of the largest mining companies in the world, worth $35 billion. In a world with massive economic uncertaint ...
Gold Stocks Are Quietly Outperforming the Rest of the Market
Prnewswire· 2025-04-24 14:00
Core Insights - Gold stocks are experiencing significant growth amid market volatility, with analysts suggesting they are undervalued despite their strong performance [1][2] - Lake Victoria Gold is actively pursuing development opportunities at its Tembo Project in Tanzania, aiming for early cash flow generation [3][4] Company Developments - Lake Victoria Gold is evaluating a small-scale development opportunity at its Tembo Project, following the conversion of its Prospecting License into four Mining Licenses [3] - The company is in discussions for a joint venture with a local operator to establish low-capital-cost production from Tembo [4] - Tembo has received over US$28 million in historical exploration investment, with significant drilling completed [6] - The Imwelo Project is positioned as a near-term development candidate, having a valid Mining License and permits from the Government of Tanzania [8] Financial Position - Lake Victoria Gold signed a non-binding gold prepay term sheet for up to 7,000 ounces of gold, potentially providing upwards of US$20 million in non-dilutive capital [10] - The company completed a C$3.52 million tranche of a strategic investment agreement with Taifa Group, enhancing its governance with the appointment of Richard Reynolds to the board [11] - The company retains exposure to future upside through a deal with Barrick, which includes potential milestone payments tied to future discoveries [12] Market Context - The gold market is witnessing a historic surge, with Goldman Sachs predicting prices could exceed US$3,700/oz by the end of the year and potentially reach US$4,000/oz by mid-2026 [2] - Other companies in the sector, such as Dynacor Group and Cabral Gold, are also reporting strong performance and significant exploration results, indicating a robust environment for gold investments [17][18]
Why Gold Miner Stocks Plunged Today on a Great day for the Markets
The Motley Fool· 2025-04-23 20:43
Group 1: Market Performance - Shares of gold mining stocks such as Barrick Gold, Newmont Mining, Gold Fields, and AngloGold Ashanti experienced declines of 4.6%, 2.6%, 6%, and 5.1% respectively, despite broader market indexes being up [1] - The price of gold fell by 3.4% on the same day, contributing to the decline in gold mining stocks [1] Group 2: Gold Price Trends - Gold has surged 42% over the past year, often seen as a "safe haven" asset amid geopolitical uncertainties and inflation concerns [3] - The price of gold typically rises when the value of the dollar declines, as it is priced in dollars [3] Group 3: Political Influence on Gold and Markets - The Trump administration's tariff policies have created instability, leading to increased global uncertainty and a decline in the dollar's value [2][4] - Recent comments from President Trump indicating a potential easing of tariffs have led to a market rally and a corresponding drop in gold prices [5][6] Group 4: Company Strategies - Barrick Gold is actively looking to divest from certain gold mining operations, including a recent sale of its stake in an Alaska project and potential sales of its Canadian and Ivory Coast operations [8] - The actions of Barrick Gold may suggest a belief that gold prices have peaked, although future market conditions remain uncertain [9] Group 5: Investment Insights - Gold and gold-oriented stocks can serve as a hedge against economically sensitive holdings, making them valuable in a diversified portfolio [10]
ALLIED GOLD PROVIDES NOTICE OF FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-04-22 22:41
First Quarter 2025 Conference Call Toll-free dial-in number (Canada/US): 1-800-898-3989 Local dial-in number: 416-406-0743 Toll Free (UK): 00-80042228835 Participant passcode: 4663480# Webcast: https://alliedgold.com/investors/presentations/ Conference Call Replay TORONTO, April 22, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied Gold" or the "Company") will release its first quarter 2025 operational and financial results after the market closes on Wednesday, May 7, 2025. The ...
Barrick sells its 50% stake in Alaska's Donlin project for $1 billion
KITCO· 2025-04-22 19:08
Core Viewpoint - The article discusses the background and experience of Neils Christensen, highlighting his extensive reporting experience in the financial sector and his focus on Canadian politics [2]. Group 1 - Neils Christensen has over a decade of reporting experience, specifically in the financial sector since 2007 [2]. - He has covered both territorial and federal politics in Nunavut, Canada, showcasing his diverse journalistic background [2]. - Christensen holds a diploma in journalism from Lethbridge College, indicating a formal education in the field [2].
Barrick Gold offloads Donlin stake for $1B, surprising analysts with strong sale price
Proactiveinvestors NA· 2025-04-22 17:16
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Jim Cramer: Simon Property Is A 'Terrific' Company, Says Don't Sell CarMax
Benzinga· 2025-04-22 13:07
"Gold, I think, is going higher still. And Barrick Gold has a lot more room to run," Cramer said when asked about Barrick Gold Corporation GOLD. "I think GOLD is a good place to be." Shares of gold companies traded higher on Monday after gold prices reached an all-time high. Price Action: On CNBC's "Mad Money Lightning Round," Jim Cramer recommended buying Simon Property Group, Inc. SPG calling it a "terrific" company. Simon will release financial and operational results for the quarter ending March 31, aft ...
黄金价格屡创新高之际 巴里克黄金(GOLD.US)出售Donlin金矿项目50%股权
智通财经网· 2025-04-22 13:06
巴里克黄金还授予 NovaGold一项选择权,可在交易完成前以9,000万美元购买 Donlin 项目所欠巴里克黄 金的全部未偿债务,或在交易完成后18个月内以1亿美元行权,届时该选择权将到期——即如果选择在 交易完成后18个月内购买,则以1亿美元的价值购买。 黄金价格方面,现货黄金和纽约黄金期货价格周二亚洲时段进一步升破了3500美元/盎司关口,年内可 谓屡次创下历史新高。到目前为止,黄金现货和期货价格在今年迄今已经上涨了30%以上。在经济不确 定性日益大幅升温的情况下,避险情绪持续推动金价创新高。 为筹措 NovaGold的收购资金,Paulson、The Electrum Group 及 Kopernik Global Investors 已承诺以每股 3.00 美元认购最多 1.7 亿美元普通股,剩余 3,000 万美元差额由 NovaGold 自筹。 智通财经APP获悉,总部位于加拿大的黄金矿业巨头巴里克黄金 (GOLD.US)美东时间周二表示,已同 意以大约10亿美元现金将其在阿拉斯加 Donlin Gold 金矿项目中的高达50%股权出售给 Paulson Advisers 关联方与 NovaG ...
Barrick Announces Sale of Stake in Donlin Gold Project for Up To $1.1 Billion
Newsfilter· 2025-04-22 11:00
Core Viewpoint - Barrick Gold Corporation has agreed to sell its 50 percent interest in the Donlin Gold Project for $1 billion in cash, allowing the company to optimize its asset portfolio and focus on long-term sustainable operations [1][4]. Group 1: Transaction Details - The sale involves Paulson Advisers LLC acquiring 80 percent and NOVAGOLD Resources Inc. acquiring 20 percent of Barrick's subsidiary's interest in Donlin Gold LLC [2]. - Barrick has granted NOVAGOLD an option to purchase the outstanding debt related to the Donlin Gold Project for $90 million if purchased before closing, or $100 million within 18 months after closing [1]. Group 2: Financial Implications - Proceeds from the sale will be utilized to strengthen Barrick's balance sheet, invest in future projects, and support shareholder returns [3]. - The transaction is expected to be completed in late Q2 or early Q3 of 2025, subject to customary closing conditions and regulatory approvals [5]. Group 3: Strategic Focus - Barrick's president emphasized the strategic decision to exit the Donlin Gold Project at an attractive valuation, allowing NOVAGOLD and Paulson to develop the project while Barrick focuses on its priority growth projects [4].
Barrick Gold: Too Cheap Even With Location Risks
Seeking Alpha· 2025-04-18 08:41
Core Insights - The individual has extensive experience in the energy industry, having worked for 22 years in various roles including engineering, planning, and financial analysis [1] - The investment strategy focuses on achieving returns that match the S&P 500 with lower volatility and higher income, emphasizing long-term holdings unless compelling reasons to sell arise [1] - The approach to investment is agnostic to asset class, market cap, sector, or yield, prioritizing total return by purchasing undervalued assets [1] Investment Position - The individual holds a beneficial long position in GOLD shares, indicating confidence in the stock's performance [2] - The article reflects personal opinions and is not influenced by compensation from any company mentioned [2] Performance Disclaimer - Past performance is noted as not guaranteeing future results, highlighting the inherent uncertainties in investment [3]