- TORONTO — Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) announced that its...
- Anglo American announces operating profit of $4.4 billion and reinstates ...
- Rio Tinto and Chalco today signed a binding agreement to establish a joint ...
- Dredging Supply Company, Inc., as the public knows the company, will now op...
- At a time when providing gainful employment to the rising youth force ...
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Barrick Gold Announces 20% Dividend Increase
TORONTO — Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) announced that its Board of Directors has authorized a quarterly dividend of US12 cents per share, which represents a 20% increase from the previous dividend(1).
Corporate consolidation leads to more Resources & global opportunities
Read more: Corporate consolidation leads to more Resources & global opportunities
Dredging Supply Company, Inc., as the public knows the company, will now operate under a parent company, DSC Dredge LLC as a result of a recent corporate consolidation.
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Mining News Headlines
Anglo American announces operating profit of $4.4 billion and reinstates dividend Financial highlights Group operating profit(1) of $4.4 billion ($4.1 billion from core operations(2)) Underlying earnings(3) of $2.2 billion and underlying earnings per share of $1.84 Profit attributable to equity shareholders of $2.1 billion Net debt(4) at $10.9 billion at 30 June 2010 Committed undrawn bank facilities and cash of over $12 billion at 30 June 2010 Operational performance and strategic delivery Asset optimisation and procurement programmes ahead of expectations, with run...
Read More...BHP Billiton Chief Executive Officer, Marius Kloppers, said that the company was encouraged by the comments of the Australian Prime Minister, Julia Gillard, that her Government will open the door for negotiations with the objective of achieving consensus. "The industry has consistently been calling for the Government to properly engage on all aspects of the tax and we welcome the opportunity to do so. We agree with the Prime Minister that 'the uncertainty around the introduction of the proposed super mining tax must be ended'." "BHP Billiton has consistently stated that any...
Read More...Vancouver, British Columbia – June 2, 2010 – GOLDCORP INC. (GG: NYSE; G: TSX) today announced that Goldcorp subsidiaries have entered into a binding letter agreement to sell the San Dimas gold-silver mine in Mexico to Mala Noche Resources Corp. (TSXV: MLA) a company engaged in acquiring and developing precious metals resource properties. Under the terms of the letter agreement, Goldcorp will receive total consideration of $500 million, consisting of $275 million in cash, $175 million of Mala Noche common shares valued at the offering price of Mala Noche’s proposed...
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