Newmont Mining CEO says 'open to opportunities' to make company stronger Regarding recent media speculation of a potential deal with Barrick Gold (ABX), Newmont Mining (NEM) CEO Gary Goldberg said his company was "open to opportunities that can make our company stronger and benefit our shareholders and other stakeholders." He said the company continues to be focused on running the business. Comments made earlier on the Q1 earnings conference call.
Zambia to increase royalties on open-pit mines, WSJ says The Finance Ministry of Zambia said it plans to more than triple royalties on open-pit copper mines, says the Wall Street Journal. Mining companies with open-pit mines in Zambia include Canada’s Barrick Gold (ABX) and First Quantum Minerals, added the Wall Street Journal. Reference Link