Welcome to our dedicated page for Gold.com news (Ticker: GOLD), a resource for investors and traders seeking the latest updates and insights on Gold.com stock.
Gold.com, Inc. (NYSE: GOLD) features prominently in news related to precious metals, numismatics, and alternative assets. As a fully integrated platform serving consumers, collectors, and institutional clients, the company regularly issues updates on acquisitions, strategic investments, brand developments, and notable auctions conducted through its marketplace brands.
News about Gold.com often covers corporate milestones such as its rebrand from A‑Mark Precious Metals to Gold.com and the transition of its common stock listing to the New York Stock Exchange under the ticker symbol GOLD. Coverage also includes announcements about events like ringing the NYSE Opening Bell in connection with its new listing and brand identity.
Investors and collectors following GOLD news can expect updates on transactions and partnerships, including the closing of the acquisition of Monex Deposit Company and related entities, and additional equity investments in Atkinsons Bullion & Coins, a United Kingdom‑based online retailer of precious metals, bullion, and coins. These items illustrate how Gold.com expands its direct-to-consumer footprint and enhances its alternative assets platform.
Another recurring theme in Gold.com news involves numismatic and collectibles activity through Stack’s Bowers Galleries and other brands. For example, the company has highlighted a landmark auction of special Lincoln pennies, including a 24‑karat gold penny and coins bearing an “Ω” privy mark, conducted on behalf of the United States Mint.
By monitoring this page, readers can review company-issued press releases and market updates that reflect Gold.com’s role in precious metals trading, direct-to-consumer sales, secured lending, and logistics and storage related to alternative assets.
Barrick Gold has finalized a purchase agreement with Bullfrog Gold Corp (BFGC) to sell all mining claims and rights in the Bullfrog mine area. The deal, expected to close in Q4 2020, includes Barrick receiving 54.6 million units from BFGC. Each unit comprises a share and a warrant to purchase additional shares at $0.30 for four years. Barrick will hold approximately 16.8% of BFGC’s shares post-transaction, along with a 2% NSR royalty on minerals from the claims. The move eliminates Barrick’s previous back-in rights under a 2015 agreement.
Twiga Minerals Corporation, a joint venture between the Tanzanian government and Barrick Gold Corporation (NYSE:GOLD), has announced a maiden interim cash dividend of $250 million. This payment aligns with Barrick's ongoing commitment to create value for stakeholders through a 50/50 partnership.
Since acquiring Acacia Mining's assets over a year ago, Barrick has contributed approximately $205 million to the Tanzanian government in taxes, royalties, and dividends, reinforcing its dedication to fulfilling financial obligations and settling prior disputes.
Barrick Gold is set to release its Q3 2020 financial results on November 5, 2020. CEO Mark Bristow will host a virtual presentation at 11:00 EST, with an interactive Q&A session. Prior to this, the company will disclose preliminary production, sales, and cost information for Q3 on October 15, 2020, at 07:00 EDT. The Q3 results will be made available on Barrick’s official website, and a replay of the conference call will be accessible post-event.
Barrick Gold Corporation has completed its transaction with Skeena Resources Ltd. for the Eskay Creek project, waiving its back-in right. Skeena issued 22.5 million units, each comprising one share and a warrant, allowing Barrick to purchase additional shares at C$2.70 until two years after closing. Barrick also gains a 1% NSR royalty on Eskay Creek and a C$15 million contingent payment over 24 months. Post-transaction, Barrick's ownership in Skeena increases to 17.2%, enhancing its asset portfolio focused on Tier One assets.
Barrick Gold Corporation (NYSE: GOLD) has accepted the Antofagasta Environmental Court’s ruling to uphold the closure order on its Pascua-Lama project in Chile. The closure, prompted by environmental violations, marks the end of a legal struggle that began in 2013, with construction halted since then. Barrick will transition the project into a closure phase without an appeal. The company plans a thorough re-evaluation of Pascua-Lama’s potential, focusing on compliance with current legislation, sustainable mining practices, and fostering community relations in Chile and Argentina.
Barrick Gold Corporation (NYSE:GOLD) and AngloGold Ashanti Limited have agreed to sell their 80% stake in the Morila gold mine in Mali to Mali Lithium Limited for cash between $22 million and $27 million, pending state approval. This sale aims to allow new ownership to explore additional resources and extend the mine's operations. Morila, which produced 6.9 million ounces of gold since 2000, transitioned to a stockpile facility in 2015 and was expected to close in 2021. The deal is anticipated to close by the end of October 2020.
Barrick Gold Corporation (NYSE: GOLD) reported that its Loulo-Gounkoto mining complex in Mali remains unaffected by the local political situation, with operations continuing normally. The company confirmed that it has sufficient inventory to meet future needs and is actively securing supply lines. Barrick is closely monitoring the political landscape and is in consultation with local stakeholders to ensure operational continuity.
Barrick Gold Corporation (NYSE:GOLD) reported solid second quarter results, with year-to-date gold production at 2.4 million ounces, well within 2020 guidance of 4.6 to 5 million ounces. Operating cash flow reached over $1 billion, and free cash flow was $522 million. Net earnings per share stood at 20 cents, while adjusted net earnings rose 44% to 23 cents. Net debt decreased nearly 25% to $1.4 billion. The company increased its quarterly dividend by 14% to $0.08 per share. Barrick remains focused on ongoing projects and asset disposals, realizing $1.5 billion in value.
Barrick Gold Corporation (NYSE:GOLD) declared a dividend of US $0.08 per share for Q2 2020, a 14% increase from the previous quarter. This dividend will be payable on September 15, 2020 to shareholders on record as of August 31, 2020. Senior EVP Graham Shuttleworth attributed the increase to Barrick's strong financial performance, noting a liquidity of $6.7 billion with $3.7 billion in cash and no significant debt repayments until 2033.