Hints and tips:
...Mark Bristow, who leads Barrick Gold, the world’s second-largest gold producer, agrees with Franks....
...That harms not only the candidate but board members’ ability to work together with mutual trust....
...While most of the shares are owned by BlackRock’s iShares exchange traded funds business, a portion are held by the influential London-based BlackRock World Mining Trust, which is managed by Evy Hambro and...
...While most countries in Africa scrambled for vaccines, Magufuli said he did not trust foreign science....
...James Goldstone, the manager of the Keystone Investment Trust at Invesco, which holds Barrick shares, cautioned against any deal that moved the company too far away from gold....
...Recent clashes include Rio Tinto in Mongolia, Barrick Gold in Tanzania, and Glencore in Zambia....
...But it also helps to build trust when people can meet each other in person rather than virtually. Perhaps the answer is somewhere in between. Read the full story here....
...BUY: Shanta Gold (SHG) Shanta has bought a million-ounce gold project in Kenya from Barrick Gold for $15.5m (£12m) in cash and shares, writes Alex Hamer....
...The rally has boosted the share prices of major producers, including Barrick Gold and Newmont Goldcorp....
...Demand for gold meant the physical amount held by ETFs surged while some of the world’s biggest gold-backed ETFs, including SPDR Gold Trust and BlackRock’s iShares Gold Trust, have experienced large inflows...
...“If you have a black box that doesn’t give any explanation, it’s hard to trust that the system is making fair decisions,” she says....
...It’s probably the key to determining where this gets to,” said Alasdair McKinnon, a fund manager at the Scottish Investment Trust and a Newmont shareholder....
...Barrick Gold Sector: mining / HQ: Toronto, Canada Key stat: Gold is up 13 per cent since the start of the year, its highest level since 2012....
...Yet that isn’t what’s keeping him up at night (in fact he still believes Kraft Heinz is a great business and trusts his 3G Capital partners to fix things at some point — watch his interview on CNBC on this...
...A World Bank arbitration board has ordered Pakistan to hand over $5.8bn (£4.6bn) to an Antofagasta and Barrick Gold joint venture for the “unlawful denial of a mining lease” covering the Reko Diq copper...
...Yet, as investment trust Scottish Mortgage argued at the event, these technology companies are also at the forefront of fundamental changes to the way the world works....
...Lex notes that the real beneficiary may be the real estate investment trust that owns underlying Caesars properties....
...While a lacklustre gold price has been one of the key reasons behind the sector’s dismal performance this year, the gold mining industry has also lost the trust of big institutional investors after years...
...crackdown on limited partnerships (FT) Bain Capital eyes taking German lighting group Osram private (FT) Brookfield is in talks to invest in Dubai's property developer Meraas (BBG) Sawiris to look at Barrick...
...What seems clear is that pressure from shareholders heavily invested in the gold sector, such as Paulson — the company held more than $500m shares in the SPDR Gold Trust, the world’s largest gold-backed...
...“We trust Barrick. They are a true partner.” Mr Thornton said: “A partnership requires trust between the parties, and transparency is the currency of trust....
...Savings in £40m deal (FT) Parent of French retailer Casino gets offer for sports brand (FT) Acacia says it could benefit from Barrick-Rangold merger (FT) Peel-led consortium in £2.9bn bid for retail...
...Mr Thornton wants Barrick to have “distinctive, enduring and trust-based relationship with China”....
...Barrick Gold, Acacia’s 64 per cent shareholder, has been looking at selling or reducing the stake for at least four years....
...Shares in Barrick Gold fell 4.8 per cent to $17.53, Kinross Gold shares fell 6.11 per cent to $4.15, while Newmont Mining shares declined 5.5 per cent to $39.30....
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