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.
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.…