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Mining News in Mine Exploration, Mining Companies, and Mining Industry. - EMJ

  • Barrick Gold Corp. is eliminating its corporate development team, which is tasked with identifying and evaluating assets worth buying, with more cuts pending, said sources quoted by Reuters, who requested anonymity citing lack of authorization. Rick McCreary, a former investment banker who led the team since 2011, will depart this week, they added; Barrick announced cutting 30% of headquarters staff in 2013.

  • Amid fears of the deadly Ebola epidemic sweeping sub-Saharan Africa, more than 100 copper-hauling trucks from the Democratic Republic of Congo (DRC) have been blocked from entering Botswana by border officials, leaving the vehicles completely stranded at a Zambian crossing, local media reported.

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