From gold giant to boardroom bust: Barrick weighs breakup
Submitted by admin on Sun, 2025-11-23 09:52 Section: Daily DispatchesBy Leslie Hook, Alan Livsey, and Humza Jilani
Financial Times, London
Sunday, November 23, 2025
When John Thornton and Mark Bristow sealed the merger of Barrick Gold and Randgold Resources in 2018, creating then the world’s biggest gold miner, it was seen as one of the smartest deals in the sector.
Nearly seven years later, after a series of mis-steps at Barrick, the $64 billion company is under mounting pressure to restructure or split up, in effect unwinding the deal.
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Barrick Mining and Mali agree in principle to resolve dispute over gold mine
Submitted by admin on Sat, 2025-11-22 10:04 Section: Daily DispatchesBy Divya Rajagopal and Portia Crowe
Reuters
Friday, November 21, 2025
Barrick Mining and Mali's government have reached an oral agreement in principle to resolve their dispute over the Loulo-Gounkoto gold mining complex, two sources familiar with the situation told Reuters today.
No agreement has yet been signed, the sources said.
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China warns that its citizens risk becoming 'mining slaves' in African gold rush
Submitted by admin on Fri, 2025-11-21 16:40 Section: Daily DispatchesBy Xiuhao Chen and Joe Cash
Reuters
Thursday, November 20, 2025
BEIJING -- China's embassy in the Central African Republic has warned that its citizens risk becoming "mining slaves" in the politically unstable nation's gold trade, as Chinese workers look to sub-Saharan Africa as jobs in the Asian giant's gig economy dry up.
Chinese nationals have been killed or kidnapped by armed groups and even their supposed business partners, while others were scammed out of large sums of money and deported for illegally mining, the embassy said in a statement today.
Mike Maharrey: Real money works everywhere, as Islamic silver did in the Viking world
Submitted by admin on Fri, 2025-11-21 16:31 Section: Daily DispatchesBy Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Friday, November 21, 2025
If I travel to another country, I'll generally need to make a currency exchange before I can go shopping. I'll have to swap my dollars for euros if I'm in Europe, or for yuan if I'm in China, or perhaps for lira if I'm in Turkey.
However, in ancient times, a currency exchange wasn't necessary because the money had intrinsic value that was recognized worldwide.
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Stuart Englert: Government secrecy prevails over gold transparency
Submitted by admin on Fri, 2025-11-21 09:59 Section: Daily DispatchesBy Stuart Englert
StuartEnglert.substack.com
Friday, November 21, 2025
When it comes to U.S. gold reserves, secrecy prevails over transparency.
Attempts to authorize a comprehensive, independent audit of the nation’s gold reserves have proven elusive and futile for decades.
The last two prominent audits, conducted 72 and 51 years ago, respectively, were far from thorough or free of government influence.
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Who says gold doesn't pay interest?
Submitted by admin on Thu, 2025-11-20 16:20 Section: Daily DispatchesJust like government money, gold pays interest when you put it at risk by lending it
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How The Rich Are 'Renting' Out Their Gold For Income
From NDTV, New Delhi
Thursday, November 20, 2025
Gold leasing or "renting" idle gold to jewelers and refiners is an emerging trend among investors.
