Industrial Gold – Newmont Goldcorp Merges into Largest Gold Mine Producer
Stocks to watch - Newmont Mining NYSE: NEM buys Goldcorp NYSE: GG for 10 billion US dollars. Newmont Goldcorp forecast producing 6 - 7 million ounces of gold per year. Barrick Gold Corp NYSE: GOLD who recently acquired Randgold Resources will be the second largest producer of gold, mining out - million ounces of gold per year.
Barrick Comments on Media Speculation
TORONTO — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that the Company has reviewed the opportunity to merge with Newmont Mining Corporation in an all-share nil premium transaction. No decision has been taken at this time.
Imerys Talc America mine declares bankruptcy over J&J Baby Powder asbestos lawsuits
Vermont Gold Fields - Ludlow, VT: The “world’s leading talc producer”, Imerys Talc America, will continue to mine premium talc at its Vermont mines as bankruptcy proceeds due to mesothelioma lawsuit losses. Imerys Talc and pharma giant Johnson and Johnson of New Brunswick, NJ were ordered to pay $117 million in damages after a jury found their popular baby powder product…
U.S. DEPARTMENT OF HOMELAND SECURITY DHS Announces Implementation of Visa Sanctions on Ghana
Ghana has Failed to Accept Removed Nationals. WASHINGTON, DC: US DHS reports — The Department of Homeland Security (DHS) today announced, in coordination with the Department of State, the implementation of visa sanctions on Ghana due to lack of cooperation in accepting their nationals ordered removed from the United to her authority under Section 243(d) of the Immigration and Nationality Act…
General Mining Act of 1872
The General Mining Act of 1872 is a United States federal law that authorizes and governs prospecting and mining for economic minerals, such as gold, platinum, and silver, on federal public lands. This law, approved on May 10, 1872, codified the informal system of acquiring and protecting mining claims on public land, formed by prospectors in California and Nevada from the late 1840s through the 1860s, such as during the California Gold Rush.…
Afghanistan gold mine collapse in Badakhshan kills at least 30
At least 30 people have been killed in the collapse of a gold mine in north-eastern Afghanistan, officials say. The collapse occurred in the Kohistan district of Badakhshan province. Villagers had reportedly dug a 60m (220ft) deep but makeshift shaft in a river bed to hunt for gold and were caught in its collapse. Afghanistan has vast resources of minerals but…
Barrick-Randgold Merger Consummated as Trading Starts in New Company’s Shares
NEW YORK & TORONTO — Trading in the shares of the new company created by the merger of Barrick Gold and Randgold Resources started at the opening of business on the New York and Toronto Stock Exchanges this morning. The ringing of the opening bell at the NYSE was performed by the company’s executive chairman, John Thornton, accompanied by the president…
Historic Occurrences – Rooks Mining Company 1884 Annual Report
Ludlow, VT: The historic Rooks Mining Company Annual Report of 1884 will be available during 2019. The Gold Rush Times will post a purchase link once hardcopies are available.
New England Gold – John Dorval & Hillbillie John Tell Au on Gold Radio Show
US based Gold Radio Show host Bobby Freedom interviews New England historians and gold prospectors John Dorval and Hillbillie John. New Hampshire, Maine, Vermont's Buffalo Brook and the Fox Mine, and New York gold discussed. Editors Note: Vermont Gold Rush - The historic Rooks Mine supervised by Henry Fox in Vermont was located on Reading Pond Brook below Buffalo Brook.