Podcasts about randgold

Junior exploration is an “absolutely critical” component of a sustainable mining industry, and “it is something that we neglect”, Barrick president and CEO Dr Mark Bristow has told the London Indaba. “We are always engaged in exploration and we are always talking to the junior explorers,” said Bristow. The Africa-linked Randgold Resources that Bristow ran before merging it with Barrick four years ago had a highly successful discover and develop strategy that resulted in a discovered cost per ounce being considerably lower than the ounces other gold companies were acquiring through mergers and acquisitions (M&A). When M&A opportunities manifested themselves, they were grasped well beyond the operational assets into major additional asset building through brownfield operation around the assets acquired. The surrounding exploration potential was invariably assessed in cases where assets were acquired and measured against a proven discovery and development yardstick. Questioned by Indaba chairperson Bernard Swanepoel on the number of people that make up Barrick's exploration endeavours, as well as the company's investment in exploration, Bristow responded that the New York- and Toronto-listed company employs about 400 exploration geologists and spends about $150-million a year on greenfield exploration. “That excludes mineral resource management and reserve extensions of our current operations,” Bristow added during question time at the event covered by Mining Weekly. On whether the company's copper strategy would force M&A beyond exploration, Bristow said: “Let's step back a bit. We started with a great quality portfolio of gold deposits when we merged Barrick and Randgold. Randgold had had some very key tier 1 assets and people mess with the definition of tier 1 now. “Tier 1 is very clear – 500 000 oz of potential gold production for more than ten years at the lower half of the cost curve, and we've got six of those and a couple in the making. “Barrick also came with some copper assets, some in Saudi Arabia, for which we've now increased production by 50% and lowered cost, and the big Lumwana mine in Zambia, which we now have a destination for, and we believe that we'll be able to add another 40 years to its life, nearly double its production and it's definitely got the potential to get to five-million tonnes of contained copper. “Then we've got the Reko Diq project in Pakistan, which is, in every sense, a tier 1 copper asset, and we'll grow our gold equivalent production through expansion of our gold operations and the growth in our copper organically by 25% by 2029. “So, I think sometimes the market is more hung up about growth through M&A than I am. At the same time, it's our business to always look for opportunities and to attempt to exploit them when they manifest themselves. “We'll continue to do that because everyone that works in Barrick loves gold and copper mining, we follow the market, we understand what's going on. At the same time, we are very mindful, as the Randgold share price performance showed, where we separated from the market and the gold price as a share price was when everyone else was running around doing M&A from 2011 to 2014, and then it all ended up in tears. “We end up in tears time and again in our industry, in that we forget what happened last time and so we do it again, just to remind ourselves. The one thing we have is memory, and we reflect on it, as we did back in those early Randgold days. The most important thing is that in Barrick, the senior executive team are owners. They act like owners, so who would want to go and risk the whole value base of a company through reckless M&A?” ONLY ASSETS WERE EXPLORATION PERMITS When Mining Weekly first interviewed Bristow in South Africa in 1995, the only assets that Randgold Resources had were exploration permits in West Africa. Then, following the acquisition of a small mine in Mali, Randgold was listed on the London Stock Exchange two years later, w...

Barrick Gold Corp (TSE:ABX, NYSE:GOLD) is a sector-leading gold and copper producer, operating mines and projects in 18 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia. Barrick's portfolio spans the world's most prolific gold and copper districts and […]

This episode features an in-depth interview with the man of the hour in the gold-mining industry: Mark Bristow, president and CEO of Barrick Gold since Jan. 1, 2019, when its merger with Bristow-led gold miner Randgold Resources took effect. This exclusive interview was recorded live as a "fireside chat" with senior staff writer Trish Saywell at The Northern Miner's Canadian Mining Symposium held at Canada House on Trafalgar Square in London, U.K., on May 22, 2019. Mark and Trish touch on several topics, including: his fondness for extreme sports; his drive to optimize Barrick's legacy mines; how to determine which assets are non-core to Barrick's mission; his long-term bullishness on gold prices; and the need for expanded roles for younger mining engineers, especially in Canada. This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca). RELATED ARTICLES: Barrick and Newmont forge ‘historic' joint venture in Nevada https://www.northernminer.com/news/barrick-and-newmont-agree-to-form-sensible-joint-venture-of-nevada-assets/1003804708/ Bristow seeks to build the world's most valuable gold company https://www.northernminer.com/news/barricks-mark-bristow-we-are-clearly-well-out-of-the-starting-blocks-on-this-exciting-voyage/1003804168/ The Northern Miner Podcast – Miner Moment #20: Is Barrick still Canadian and does it matter? Ft Lassonde, Bristow https://www.northernminer.com/news/the-northern-miner-podcast-miner-moment-20-is-barrick-still-canadian-and-does-it-matter-ft-lassonde-bristow/1003804121/ Editorial: Barrick-Randgold merger full of promise and possible pitfalls https://www.northernminer.com/news/editorial-barrick-randgold-merger-full-of-promise-and-possible-pitfalls/1003799777/ Barrick and Randgold to merge in US$18B deal https://www.northernminer.com/fast-news/barrick-and-randgold-agree-to-us18b-merger/1003799714/ Randgold's Mark Bristow dreams big https://www.northernminer.com/news/randgolds-mark-bristow-dares-to-dream-big/1003389172/ Music Credits: “Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Barrick Gold, just months after merging with Randgold, has now proposed a merger with Newmont Mining with an all share transaction. More on this on today's newscast. Lundin Gold announced a $30.5 million bought deal. Osisko Gold Royalties reports year numbers. Silvercrest and Balmoral announce new exploration results. We'd like to thank our sponsors! Integra Resource is advancing its past producing DeLamar (DeL - a - Marr) Gold-Silver project in SW Idaho through aggressive drilling and exploration. An updated Resources Estimate is expected in Q2 and a maiden PEA in H2 2019. The management of Integra successfully sold its previous brownfields project for C$590 million in summer 2017. Read more about the company and its successful management team at integraresources.com. Minera Alamos is traded with the symbol MAI on the TSX-Venture Exchange and with MAIFF in the US OTC Markets. Minera is an advanced stage exploration and development company with multiple low cap-ex projects in Mexico. Read more about their development strategies at mineraalamos.com. Thank you for your support! Brixton Metals is a precious metals exploration and development company which owns four high-potential gold silver and base metals project in both the US and in Canada. It’s Atlin Gold Project in British Columbia has shown exceptional exploration potential, returning up to 509 grams per ton gold over 5.57 meters at the project’s Yellowjacket zone. Read more about Atlin and the other projects under Brixton’s portfolio by visiting brixtonmetals.com. Brixton trades on the TSX venture under BBB and on the US OTC with BBBXF. We'd like to thank Western Copper and Gold for their support in sponsoring this episode of Mining Stock Daily. Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 10 billion pounds of copper and 18 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com. Mining Stock Daily is produced by: www.clearcreekdigital.com www.investmentresearchdynamics.com (Mining Stock Journal)

Today in the news, Centerra shows positive quarterly earnings, Wesdome Gold continues to hit high grades at Kiena, Fireweed Zinc shares more drill results, Golden Minerals announce assays from sampling, Xanadu Mines see a large increase in their resource estimate in Mongolia, Barrick and Randgold increase their dividends. Mining Stock Daily is produced by: www.clearcreekdigital.com www.investmentresearchdynamics.com Spooky Ride by Twin Musicom is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://www.twinmusicom.org/song/250/spooky-ride Artist: http://www.twinmusicom.org

Barrick's nil-premium takeover of Randgold is being hailed as a landmark deal for the gold mining sector. But are the undoubted synergies enough to please shareholders and deter rival bidders? Patrick Harris tells Samantha Tomaszczyk why the deal is so significant, including its potential impact on Barrick's investment Acacia Mining.

This week, Merryn and John talk about the excitement in the gold market, as Barrick and Randgold merge, how central banks are behind the curve on inflation, and the prospects for the UK property market.

It's always good to be the king, as a wise philosopher one stated. And being the king of currencies is no exception. The US Dollar is rolling along and crushing every currency in its path. But how long can it go on? Looks like there's really life in the mining space once again, with Barrick's acquisition of Randgold. 

It's always good to be the king, as a wise philosopher one stated. And being the king of currencies is no exception. The US Dollar is rolling along and crushing every currency in its path. But how long can it go on? Looks like there's really life in the mining space once again, with Barrick's acquisition of Randgold. 

By now word is out that Barrick Gold is purchasing Randgold in a transaction valued at $18 billion. Could this be the start of the mining stocks M&A rush? Perhaps, but it certainly sends out a big message to both acquirers and acquirees. Heaven knows it's a target rich environment. China seems to be having issues with it's attempt to levy tariffs on US soy beans. Seems like there's just not enough other production available to replace the US. And then there's a horrible swine flu that's hit all the world except the US. Can you spell leverage?  For more go to FSN!

By now word is out that Barrick Gold is purchasing Randgold in a transaction valued at $18 billion. Could this be the start of the mining stocks M&A rush? Perhaps, but it certainly sends out a big message to both acquirers and acquirees. Heaven knows it's a target rich environment. China seems to be having issues with it's attempt to levy tariffs on US soy beans. Seems like there's just not enough other production available to replace the US. And then there's a horrible swine flu that's hit all the world except the US. Can you spell leverage? For more go to FSN!

It's always good to be the king, as a wise philosopher one stated. And being the king of currencies is no exception. The US Dollar is rolling along and crushing every currency in its path. But how long can it go on? Looks like there's really life in the mining space once again, with Barrick's acquisition of Randgold. 

Barrick and Randgold merge on $18 billion share deal, Iamgold and Dundee Precious Metals update their mineral resource estimates, Contact Gold and Integra Resources have new exploration results out, and Sabina Gold and Silver receive a key environmental permit in Nunavut.

By now word is out that Barrick Gold is purchasing Randgold in a transaction valued at $18 billion. Could this be the start of the mining stocks M&A rush? Perhaps, but it certainly sends out a big message to both acquirers and acquirees. Heaven knows it's a target rich environment. China seems to be having issues with it's attempt to levy tariffs on US soy beans. Seems like there's just not enough other production available to replace the US. And then there's a horrible swine flu that's hit all the world except the US. Can you spell leverage? For more go to FSN!

By now word is out that Barrick Gold is purchasing Randgold in a transaction valued at $18 billion. Could this be the start of the mining stocks M&A rush? Perhaps, but it certainly sends out a big message to both acquirers and acquirees. Heaven knows it's a target rich environment. China seems to be having issues with it's attempt to levy tariffs on US soy beans. Seems like there's just not enough other production available to replace the US. And then there's a horrible swine flu that's hit all the world except the US. Can you spell leverage?  For more go to FSN!

It's always good to be the king, as a wise philosopher one stated. And being the king of currencies is no exception. The US Dollar is rolling along and crushing every currency in its path. But how long can it go on? Looks like there's really life in the mining space once again, with Barrick's acquisition of Randgold. 

Randgold Resources (RRS) operates in countries most international businesses avoid, exercises no control over the price of its one product, and pays a smaller dividend than several of its peers. Despite this, it is one of the most expensive stocks in the FTSE 100.For this special podcast, Investors Chronicle reporter Alex Newman tries to uncover the allure of this gold miner, and gold investments in general. Featuring Randgold chief executive Mark Bristow, Panmure Gordon commodities and mining analyst Kieron Hodgson, and Alistair Hewitt, head of market intelligence at the World Gold Council.Produced by Alex Newman, with music from Blue Dot Sessions. See acast.com/privacy for privacy and opt-out information.

Moneyweb Radio — Bristow on strengthening the balance sheet, Randgold's role in fighting Ebola, illegal mining and more.

Mark Bristow on Randgold Resources Q3 results

Mark Bristow on Randgold Resources Q3 results