Barrick re-calculates gold reserves based on $1,100 price level
CEO calls it a 'conservative approach.'
Latest Stories
China, US data hammer copper price
Chinese manufacturing activity records surprise contraction and US slows down against expectations, pushing the copper price down 3% to below $3.30 a pound.
Chile’s official commission suggests letting Barrick keep permit for Pascua Lama
But it also recommends an exhaustive review of the permit issued in 2006, as well as the miner’s glacier monitoring plan.
Gandhi comments light fire under gold price
If India lifts its gold import curbs it could unleash massive pent up demand on the sub-continent.
Aussie mining billionaire Forrest signs coal deal to end Pakistan slavery
His company will bring in technology that converts coal into diesel, in exchange for laws that end slavery in the South Asian country.
ABB supplied e-houses to copper mine in Chile
An e-house is an electrical equipment in container design.
Gold strike in South Africa on hold pending court ruling
Platinum belt already paralyzed.
Uruguayan President says Zamin’s massive iron ore mine will go ahead
Recently approved law allows large-scale mining, but locals oppose the project and demand plebiscite to settle the issue.
Barrick Gold continues to sell assets but suffers HSBC downgrade
Share price dropped 2.3% on Wednesday.
