Goldcorp und Barrick Gold finalisieren Partnerschaftsabkommen in Chile

Das neue JV kontrolliert eine gigantische Ressourcen-Basis von über 50 Mio. Goldunzen und mehr als 15 Mrd. Pfund Kupfer im rohstoffreichen Maricunga-Minenbezirk in Chile:

Goldcorp Announces Completion of the Formation of a 50/50 Joint Venture With Barrick

June 09, 2017

VANCOUVER, June 9, 2017 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp") today announced that it has closed the previously announced transactions that resulted in the formation of a 50/50 joint venture with Barrick Gold Corporation ("Barrick") in the Maricunga District in Chile.

Under the terms of the transactions and the previously announced offer to acquire Exeter Resource Corporation("Exeter"), Goldcorp and Barrick will jointly control more than 20,000 hectares of mineral properties in the Maricunga District with the Cerro Casale and Caspiche deposits..

Link: http://www.goldcorp.com/English/Investor-Resources/News/News-Details/2017/Goldcorp-Announces-Completion-of-the-Formation-of-a-5050-Joint-Venture-With-Barrick/default.aspx

Quelle: goldcorp.com

Milliardäre unter sich: Kasino-Magnat Steve Wynn tritt Donald Trump's Präsidentschaftskampagne bei

Donald Trump haucht seiner kontroversen Freundschaft zu Steve Wynn neues Leben ein..

Hierzu Zerohedge:

#Wynn-ing? Casino Magnate Joins Trump Campaign

Submitted by Tyler Durden on 09/04/2015 15:15 -0400

• Donald Trump
 
• Fox Business
 
• Las Vegas
 
• Nomination
 
• None
 
• President Obama
 
• Recession
 
• Steve Wynn
 
• White House

 

In yet another somewhat surreal twist in The Donald's path to The White House, Fox Business reports the long, sometimes contentious relationship between Donald Trump and Steve Wynn has taken another turn, with the Las Vegas casino magnate serving as an unofficial adviser to Trump’s presidential campaign. Having known each other for 30 years, Fox's Gasparino notes that they have clashed in the past (Wynn on Turmp in 1998 "He's a fool," and Trump on Wynn "he's a very strange guy.") but in recent years both have been critical of the leftward tilt of the Democratic Party and president Obama.

As Fox Business reports..

Link: http://www.zerohedge.com/news/2015-09-04/wynn-ing-casino-magnate-joins-trump-campaign

Barrick Gold erreicht starken Deal: Teil-Verkauf der großen Zaldívar Kupfer-Mine in Chile für 1 Mrd. USD in Cash, neue Partnerschaft mit Major Antofagasta

Finally some good news für den angeschlagenen und tief gefallenen Branchengiganten Barrick Gold (NYE:ABX). Dieser Deal wird die angespannte Bilanz-Situation (> 12 Mrd. USD Schulden) beim weltgrößten Goldproduzenten zumindest etwas entlasten:

Barrick Announces Sale of 50 Percent of Zaldívar Mine, Formation of New Partnership with Antofagasta Plc

TORONTO, ONTARIO--(Marketwired - July 30, 2015) -

All amounts expressed in US dollars

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or the "company") today announced that it has reached an agreement to sell a 50 percent interest in the Zaldívar copper mine in Chile to Antofagasta Plc ("Antofagasta") for a total consideration of $1.005 billion in cash, forming a new partnership with one of the world's leading copper companies.

"The sale of 50 percent of Zaldívar is consistent with our strategy to create long-term value for our shareholders. By selling a stake in this non-core asset, we strengthen our balance sheet while maintaining significant exposure to a strong cash-generating operation," said Kelvin Dushnisky, Co-President of Barrick. "Following a highly competitive auction process, we are pleased to reach an agreement with the ideal partner for Zaldívar. Antofagasta has an outstanding track record of building and operating mines in Chile, and we see this as the first step in an ongoing, collaborative partnership. There are many potential opportunities to benefit from Antofagasta's experience as Barrick evaluates development projects in the future."

"We are enthusiastic about partnering with Barrick at Zaldívar. Together, we believe that we are well positioned to enhance the long-term value of the Zaldívar operation through our collective best practices," said Diego Hernandez, CEO of Antofagasta. "We have consistently been impressed with the workforce at Zaldívar, and look forward to partnering with them. We also look forward to exploring other opportunities to collaborate with Barrick in the future."

Details of the Zaldívar transaction..

Link: http://www.marketwired.com/press-release/barrick-announces-sale-50-percent-zaldivar-mine-formation-new-partnership-with-antofagasta-nyse-abx-2043781.htm

Quelle: stockcharts.com

Barrick Gold setzt Sparkurs fort, China freut sich: Deal und Joint-Venture mit dem chinesischen Branchengiganten Zijin Mining

Zijin Mining is on fire! Der chinesische Minengigant zieht heute gleich zwei große Deals in der Minenbranche an Land (Link Deal #1). Damit setzen die Chinesen ihre antizyklische "Buying Spree" im Rohstoff- und Minen-Sektor aggressiv fort - Respekt!

Barrick Announces Strategic Partnership With Zijin Mining Group

TORONTO, ONTARIO--(Marketwired - May 26, 2015) -

All amounts expressed in US dollars unless otherwise indicated.

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or "the company") today announced that it has formed a strategic partnership with leading Chinese mining company Zijin Mining Group Co., Ltd ("Zijin").

As a first step, Zijin will acquire 50 percent of Barrick (Niugini) Limited ("BNL"), the company which owns 95 percent of and manages the Porgera Joint Venture gold mine in Papua New Guinea. In addition, Barrick and Zijin have signed a long-term strategic cooperation agreement which outlines the intent of both companies to collaborate on future projects and joint investments, leveraging the strengths of each company.

"A twenty-first century mining company with global reach and the intention to become an industry leader must, by definition, have a distinctive relationship with China. This is particularly true in our industry, where China has become both the largest producer and consumer of gold, and a major source of capital and expertise for the mines of the future," said Barrick Chairman John L. Thornton. "Our partnership with Zijin is the first step in a long-term strategic relationship with one of China's leading mining companies-a multi-faceted partnership that will provide significant opportunities to work together on an ongoing basis as we continue to create value for our respective owners."

"A strategic partnership with Barrick is an excellent fit for Zijin and a powerful combination as we look to expand our business globally outside of China. Our companies have complementary expertise and experience and share a common vision for creating long-term value for our owners," said Zijin Chairman Chen Jinghe. "Barrick has strong international operating presence and experience as well as many of the best assets in the gold industry, while we have unrivaled access to the Chinese market, including distinctive engineering and construction management capabilities and advanced technology. We are excited to leverage our competitive strengths together, to start with at Porgera, while exploring additional joint opportunities for the future."

Link: http://www.marketwired.com/press-release/barrick-announces-strategic-partnership-with-zijin-mining-group-nyse-abx-2023022.htm

Quote:

China’s Zijin inks deals with two Canadian firms on the same day

Cecilia Jamasmie | May 26, 2015

Zijin Mining, one of China's largest mining groups, extended its global reach Tuesday by signing two separate and key agreements with Canadians Barrick Gold (TSX:ABX) and Ivanhoe Mines(TSX:IVN).

The deals will see Zijin help Barrick and Ivanhoe advance their respective projects in Papua New Guinea and the Democratic Republic of Congo.

• The Chinese miner is paying $298m for a joint venture with Barrick Gold where each company will own 47.5% of Porgera, a gold mine in Papua New Guinea.
• Under the $412 million deal with Ivanhoe Mines, Zijin will buy through its subsidiary, Gold Mountains International Mining Company Limited, a 49.5% stake in Ivanhoe’s subsidiary Kamoa Holding Limited, which currently owns 95% in the Democratic Republic of Congo (DRC) Kamoa copper project..

Link/Quelle: http://www.mining.com/chinas-zijin-inks-deals-with-two-canadian-firms-on-the-same-day/

Barrick Gold schließt erfolgreich JV-Agreement für zukünftige Kupfermine in Saudi-Arabien ab

Starke Fortschritte bei Barrick Gold (NYE:ABX) in Saudi Arabien. Die neue Kupfermine Jabal Sayid in Saudi Arabien, die in einem 50:50 JV mit der Saudi Arabian Mining Company (Ma'aden) entwickelt wurde, soll in 2016 die anfängliche Produktion aufnehmen und kann nach dem vollen Ramp-up Prozess während der ersten 5 Jahre 100 Mio. Pfund Kupfer pro Jahr produzieren.

Die zukünftige Kupfermine verfügt über Reserven von 1,4 Mrd. Pfund Kupfer und wird vor allem mit einer sehr hohen Profitabilität und niedrigen Förderkosten punkten können:

Barrick Completes Joint Venture Agreement With Ma'aden for Jabal Sayid

TORONTO, ONTARIO--(Marketwired - Dec. 3, 2014) - Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the "company") today announced that it has completed the 50/50 joint venture agreement with Saudi Arabian Mining Company (Ma'aden) for the Jabal Sayid copper mine in Saudi Arabia. Jabal Sayid is expected to begin shipping low-cost concentrate in early 2016.

When fully operational, the mine is expected to produce 100 million pounds1 of copper in concentrate per year in its first full five years, with the potential to increase to 130 million pounds1 per year.

"We are excited to move this project into production, working in collaboration with our new partners at Ma'aden," said Kelvin Dushnisky, Co-President.

"Jabal Sayid is a high-quality mine that will be contributing new, low-cost copper production to Barrick in just over a year's time," said Jim Gowans, Co-President.

Jabal Sayid had 1.4 billion pounds of copper in proven and probable reserves as of December 31, 20132. Further exploration work will be carried out within the mining license area and the exploration license area surrounding the mine with the aim of extending the mine life..

Link: http://www.marketwired.com/press-release/barrick-completes-joint-venture-agreement-with-maaden-for-jabal-sayid-nyse-abx-1973659.htm

Barrick Gold Corporation  NYSE : ABX TSX : ABX

Quelle: mining.com

Quelle: http://www.maaden.com.sa/en/news_details/150