Barrick boosts Russian exposure
The 31.7% stake in Alternative Investment Market-listed Highland Gold, formerly Harmony Gold, has been picked up by Barrick Gold and an international group of institutional investors.
Barrick has acquired 10% of the equity from the placing and Highland Gold has also conditionally agreed to issue a further 29.58 million shares at the placement price of 235p per share.
This would give Barrick in total 29% stake in Highland Gold
"This agreement with Barrick marks a new phase in the progress of Highland Gold and we are excited about the prospects of developing a relationship with them in Russia."
http://www.miningnews.net/storyview.asp?storyid=19417 Barrick Corporation and Cynthia McKinney
The real reason McKinney was trashed.
Was Barrick Gold Mining funding both sides of a civil war and perpetuating that bloody conflict?
Top human rights investigators had evidence that a mine bought by Barrick in 1999 had in clearing their Tanzanian property three years earlier bulldozed mine shafts burying 50 miners alive.
Tundu Lissu was one of those investigators and McKinney was trying to save his life.
Only one Congressperson demanded hearings on the matter.
In 2001 Cynthia McKinney convened a special congressional panel to explore the role of US covert forces and private interest in Central Africa.
But maybe ther was another reason Andrew Young and Vernon Jordan let McKinney swing, Remember Barrick? Did I mention to you that Andy Young and Vernon Jordan are both on Barrick's payroll? Well, I just did.
http://www.globalexchange.org/countries/unitedstates/de ... ...
War is Golden for the Bush Administration
Posted by seemslikeadream on Fri Mar-11-05 07:34 PM
After George Bush Senior left the White House, he became an advisor and lobbyist for a Canadian gold-mining company, Barrick Gold. Hey, a guy’s got to work. But there were a couple of questions about Barrick, to say the least. For example, was Barrick’s Congo gold mine funding both sides of a civil war and perpetuating that bloody conflict? Only one Congressperson demanded hearings on the matter.
You’ve guessed: Cynthia McKinney.
That was covered in the . . . well, it wasn’t covered at all in the U.S. press.
McKinney contacted me at the BBC. She asked if I’d heard of Barrick. Indeed, I had. Top human rights investigators had evidence that a mine that Barrick bought in 1999 had, in clearing their Tanzanian properties three years earlier, bulldozed mine shafts . . . burying about 50 miners alive.
http://www.counterpunch.org/floyd02152003.html