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Gold Mining

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  • *Newmont and Barrick shares slide on the NYSE. By Euan Rocha, Allison Martell and Soyoung Kim. TORONTO/ NEW YORK, April 28- Failed merger talks between Barrick Gold Corp and Newmont Mining Corp descended into acrimony on Monday, with the two large gold miners publicly accusing each other of scuppering a deal favored by many investors.

  • TORONTO, April 28- Newmont Mining Corp has terminated merger talks with Barrick Gold Corp. The news sent shares of Newmont sliding 5.5 percent to $25 in New York trading before the market opened, while Barrick was slightly higher. Toronto- based Barrick and smaller rival Newmont have considered merging on numerous occasions in the past two decades.

  • *U.S., Europe prepare more sanctions against Russia. NEW YORK/ LONDON, April 25- Gold rose to close at $1,300 an ounce on Friday, extending the previous day's sharp reversal from a 2-1/ 2 month low, as violence in Ukraine boosted bullion's safe-haven appeal, and weakness in equity markets also supported gold.

  • April 23- The disagreements around the spin-out of certain assets that had snagged merger talks between Barrick Gold Corp and its rival, Newmont Mining Corp, have been resolved but talks are at a standstill for now, said three sources familiar with the matter on Wednesday.

  • SYDNEY, April 23- Australia could spawn a new mega gold producer if Barrick Gold Corp and Newmont Mining Corp spin off their Asia-Pacific assets, heating up competition with the country's underperforming market leader Newcrest Mining Ltd..

  • TORONTO, April 21- Talks between Barrick Gold Corp and Newmont Mining Corp about a potential merger have hit a snag, but sources close to the situation say the companies remain keen to reach a deal and discussions are likely to resume.

  • April 21- A takeover battle for Canada's Osisko Mining Corp, involving three of the world's top gold producers, is more than just a testament to the quality of the company's low-cost mine, it also spotlights a shortage of top-class gold assets in politically stable areas of the world.

  • MOSCOW, April 11- Polyus Gold, Russia's biggest gold miner is considering state proposals to encourage the rebasing of Russian firms currently owned by offshore entities and intends to explore these issues with the government, the company said on Friday.

  • *Artisanal mining destroying plantations in Ghana, Ivory Coast. YOHO, Ivory Coast, April 11- A month ago, Bouafu Kouassi dug a neat circular hole in the middle of his one-hectare cocoa plantation in western Ivory Coast, and, sifting through the gravel on his shovel, found the unmistakeable traces of gold dust.

  • TORONTO/ VANCOUVER, April 10- Goldcorp Inc raised its hostile takeover offer for Osisko Mining Corp on Thursday, squeaking above a white knight bid by Yamana Gold Inc and heightening a bidding war that has helped inject life into a depressed gold mining sector.

  • TORONTO/ VANCOUVER, April 10- Goldcorp Inc raised its hostile takeover offer for Osisko Mining Corp on Thursday, squeaking above a white knight bid by Yamana Gold Inc and heightening a bidding war that has helped inject life into a depressed gold mining sector.

  • TORONTO, April 10- Goldcorp Inc hiked its hostile takeover offer for smaller Canadian gold miner Osisko Mining Corp to about C $3.6 billion on Thursday as it sought to top a complex white knight bid from Yamana Gold Inc..

  • April 10- Goldcorp Inc, the world's second-biggest gold miner by market value, raised its offer to buy fellow Canadian miner Osisko Mining Corp to about C $3.6 billion, trumping a bid from Yamana Gold Inc..

  • Goldcorp raises buyout offer for Osisko to C$3.6 bln Thursday, 10 Apr 2014 | 7:21 AM ET

    April 10- Goldcorp Inc, the world's second-biggest gold miner by market value, said on Thursday that it raised its offer to buy Osisko Mining Corp to about C $3.6 billion.

  • MOSCOW, April 9- Russia's biggest gold miner Polyus Gold is considering delisting from London, Kommersant newspaper said on Wednesday, which would make it the first Russian company to heed a call by officials to bring assets home to survive Western sanctions.

  • MOSCOW, April 9- Russia's biggest gold miner Polyus Gold is considering delisting from London, Kommersant newspaper said on Wednesday, the first Russian company to suggest it may heed a call by officials to bring assets home to survive Western sanctions.

  • TORONTO/ VANCOUVER, April 2- Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C $930 million, a deal that potentially thwarts a hostile bid from Goldcorp Inc..

  • TORONTO, April 2- Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C $930 million, a deal that potentially thwarts a hostile bid from rival Goldcorp Inc..

  • TORONTO, April 2- Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C $930 million, in a deal aimed at blocking a hostile bid from rival Goldcorp. Shares of Goldcorp rose 2.6 percent to C $27.78, while Yamana gained 1.4 percent to C $9.84.

  • *Gold down over 3 percent in March, but up 6.5 pct for Q1. NEW YORK/ LONDON, March 31- Gold fell on Monday, notching its first monthly decline this year as improving prospects for the U.S. economy eroded investment interest and aroused an appetite for riskier assets.