Barrick Mining

Barrick Mining's Loulo-Gounkoto gold mining complex should be placed under provisional administration for six months, handing control of one of the company's biggest operations to state-appointed management, a Malian court ruled. Bloomberg's William Clowes breaks down the situation.» Mehr auf youtube.com

TSXV: PGZ   |   OTCQB: PGZFF   |   FRA: 2EU    Higher-grade intervals include 2.19 g/t gold over 4 meters; 1.05 g/t Au over 10m; and 0.59 g/t Au, 1.05% Cu, 0.22% Ni, 0.22% Co over 4m Wide breccia gold intercepts, including 0.37 g/t Au over 56 meters and 0.23 g/t Au over 110 meters, highlights shallow bulk-tonnage potential Drilling now targeting the principal untested gold zone at Providencia with three planned step-out holes Multiple untested geophysics targets indicates strong potential for additional discoveries at Cármenes VANCOUVER, BC , June 18, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce results for two additional drillholes completed in the maiden drill campaign at the Company's 100%-owned Cármenes Project ("Cármenes"), northern Spain. The new assay results are for drillholes PVD03 and PVD04, which targeted potential extensions of the breccia-hosted mineralization associated with the historical Providencia copper-cobalt-nickel underground mine workings.» Mehr auf prnewswire.com

Barrick Mining's 2024 performance disappointed, with production misses, higher costs, and the Loulo-Gounkoto mine in Mali seized by the government. Despite operational setbacks, Barrick's financial results were strong due to high gold prices, but the stock lagged peers significantly. The market is undervaluing Barrick's remaining assets, excluding Loulo-Gounkoto, presenting a potential revaluation opportunity for investors.» Mehr auf seekingalpha.com