By Fawad Mir (SNL News) Barrick Gold Corp. Chairman John Thornton said the company is still open to a sale of its 50% stake in the Kalgoorlie Super Pit joint venture as the Western Australian gold project does not meet its criteria of a tier-one asset, The West Australian reported on August 15. The company's 2017 attempt at a US$1.3 billion sale to China's Shandong Tyan Home failed due to the intr...

By Fawad Mir (SNL News) Barrick Gold Corp. Chairman John Thornton said the company is still open to a sale of its 50% stake in the Kalgoorlie Super Pit joint venture as the Western Australian gold project does not meet its criteria of a tier-one asset, The West Australian reported on August 15. The company's 2017 attempt at a US$1.3 billion sale to China's Shandong Tyan Home failed due to the intr...

By Peter Brennan (SNL News) The Institute of International Finance identified South Africa, Indonesia, Lebanon, Egypt and Colombia as especially at risk of contagion from the meltdown of the Argentine peso and Turkish lira. Emerging market, or EM, currencies weakened further on August 15 as the crash in the lira seeped into broader investor sentiment, even as the lira itself recovered. Turkey's cu...

By Peter Brennan (SNL News) The Institute of International Finance identified South Africa, Indonesia, Lebanon, Egypt and Colombia as especially at risk of contagion from the meltdown of the Argentine peso and Turkish lira. Emerging market, or EM, currencies weakened further on August 15 as the crash in the lira seeped into broader investor sentiment, even as the lira itself recovered. Turkey's cu...

Zijin was recently honored to receive the title of “Fujian Province’s most trustworthy company for the 2016-2017 period” by Fujian Provincial Administration for Industry and Commerce. The biennial award is the highest of its kind conferred by the provincial administration to the companies province-wide for their abiding by contracts in their business services. Basically, those corporate candidates...