From the Global and Mail Barrick Gold Corp. is teaming up with China’s Zijin Mining Group Co. Ltd. to develop projects in a strategic partnership that Barrick chairman John Thornton has long been seeking. Their first deal will see the state-owned Chinese ?miner pay Barrick $298-million (U.S.) for a 50-per-cent stake in Barrick’s Papua New Guinea gold business. Since Mr. Thornton joined Barrick as ...

From Shagnhai Metal Market Zijin Mining Group Co.’s subsidiary Norton Gold Fields Limited will make a cash offer of A$0.07 per share to acquire Bullabulling Gold Limited to increases Norton’s gold resources reserve. The offer price represented a 32% premium to the three month volume weighted average price for Bullabulling shares and equated to approximately A$25.2 million for the 100% acquisition ...

From Bloomberg Zijin Mining Group (2899), China's biggest gold miner by market value, is studying a move into shale gas and will target buying super mines after falling bullion prices and rising costs cut profit. Net profit fell 59 percent to 2.13 billion yuan (HK$2.66 billion) last year from 2012, the Shanghang, Fujian-based firm said. Zijin will spend about 8 billion yuan to buy large gold and c...

“Big Money” Entering Resources, Precious Metals: Rick Rule By Sprott Group January 14 2014, 9:29am “Big Money” Entering Resources, Precious Metals: Rick Rule Rick Rule, Chairman of Sprott Global Resource Investments Ltd., says some of the ‘big money’ that was circling the resource sector has finally found a home. Rick Rule recently commented on a couple of new investment mandates that he believes ...

From Issue 2, Norton News In the mid 19th century, New York Tribune editor Horace Greeley popularized the phrase, " West, young man" - encouraging people to seek out new frontiers and new experiences. If Greeley were around today, he might well urge men and women to " abroad"- to make the most of a global economy no longer defined by geographic boundaries. So, what's it like to move across the wor...

From Reuters.com ld miner Dianmin Chen - running Australia's Norton ld Ltd for China's biggest ld producer Zijin Mining Group says there's still money to be made in mining. While other companies are bracing for tough times by laying off workers and closing mines, Chen has been given a mandate to nearly double ld production and is keeping an eye out for potential acquisitions. "We see this lower ma...