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FSM- An Undervalued Miner to Buy After its Smart Acquisition
MoneyShow32d agobullish
FSM- An Undervalued Miner to Buy After its Smart Acquisition

Despite an average gold price more than $350 below what it was in the first-quarter – and silver down even more on a percentage basis – gold and resource companies reported mixed second-quarter results. Fortuna Mining Corp. (FSM) saw weaker-than-expected earnings, but I recommend you use any dip in its share price to buy, writes Adrian Day, editor of Global Analyst.

Barrick Mining (TSX:ABX) Creates New Rest Of World CEO Role
Simply Wall St.35d agoneutral
Barrick Mining (TSX:ABX) Creates New Rest Of World CEO Role

Barrick Mining (TSX:ABX) has appointed Sebastiaan Bock as Chief Executive Officer, Rest of World, to oversee all operations outside North America. The new role consolidates leadership for Barrick’s international gold and copper assets under a single executive. Bock’s responsibilities include operational execution, portfolio delivery and engagement with regional stakeholders across multiple jurisdictions. The appointment comes during a period of portfolio changes and a pending North American...

Barrick Mining (B) Cleared Its IPO Hurdle. Why Did Shares Fall 6%?
Insider Monkey36d agobearish
Barrick Mining (B) Cleared Its IPO Hurdle. Why Did Shares Fall 6%?

Barrick Mining Corporation (NYSE:B) shares fell over 6% on Monday, even after the gold miner cleared a major disclosed obstacle to its planned North American IPO. Newmont Corporation (NYSE:NEM) consented to the transaction as part of an agreement resolving the companies’ disputes over Nevada Gold Mines. Newmont will contribute its Mike and Fiberline developments to […]

Bloomberg38d agoneutral
Activist Investor Elliott Demands Board Revamp at Northern Star

(Bloomberg) -- Activist investor Elliott Investment Management LP has urged Australia’s biggest gold miner Northern Star Resources Ltd. to overhaul its board, and named six nominees it said would restore market confidence in the company. Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesApple’s Glass-Centric 20th-Anniversary iPhone R

Lake Victoria Gold Unveils Maiden 580,000-Ounce Resource at Tembo Project in Tanzania
Insider Monkey39d agoneutral
Lake Victoria Gold Unveils Maiden 580,000-Ounce Resource at Tembo Project in Tanzania

Lake Victoria Gold Ltd. (TSXV:LVG) (OTCQB:LVGLF) (FSE:E1K) has released the maiden National Instrument 43-101 (NI 43-101) Mineral Resource Estimate for its wholly owned Tembo Gold Project in northwestern Tanzania, outlining an initial resource of nearly 580,000 ounces of gold across three deposits. Lake Victoria Gold Ltd. has outlined its first NI 43-101 compliant mineral resource […]

What Is Barrick Mining (TSX:ABX) Unlocking With Its Nevada Gold Mines Deal?
Simply Wall St.39d agoneutral
What Is Barrick Mining (TSX:ABX) Unlocking With Its Nevada Gold Mines Deal?

Barrick Mining (TSX:ABX) and Newmont have resolved all outstanding disputes and updated the governance of their Nevada Gold Mines joint venture. Both companies plan to contribute major development assets to Nevada Gold Mines as part of the new agreement. The deal includes Newmont’s consent to Barrick’s planned IPO of its North American gold assets. For investors tracking how large gold producers are reshaping portfolios and funding options, this move by Barrick and Newmont is part of a...

Barrick Mining appoints Sebastiaan Bock to lead Rest of World operations
InvestorsHub39d agoneutral
Barrick Mining appoints Sebastiaan Bock to lead Rest of World operations

Barrick Mining Corporation (NYSE:B) has appointed Sebastiaan Bock as Chief Executive Officer, Rest of World, giving him responsibility for the company’s gold and copper operations and projects outside North America. The appointment takes effect immediately, with Bock reporting directly to Barrick President and Chief Executive Officer Mark Hill.

Barrick Mining (B) Misses Q2 Earnings As $1.95 Billion JV Deal Clears IPO Path
Simply Wall St.39d agobearish
Barrick Mining (B) Misses Q2 Earnings As $1.95 Billion JV Deal Clears IPO Path

Barrick Gold (NYSE:B) reported a Q2 earnings miss alongside updated capital expenditure guidance. Barrick Gold and Newmont agreed to expand the Nevada Gold Mines joint venture and resolve prior disputes. The agreement sets the stage for an IPO of combined North American gold assets as part of a broader restructuring. Barrick Gold is not the only stock tied closely to this theme of large scale gold production and asset reshaping, so it is worth comparing this update with a wider group of...

Barrick Mining shares slide on second quarter earnings miss
Proactive40d agobearish
Barrick Mining shares slide on second quarter earnings miss

Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) shares fell 8% on Monday after the company reported second quarter results that showed strong year-over-year growth but came in below Wall Street estimates. The company reported adjusted earnings of $0.82 per share for the quarter, below the $0.84...