Copper $ 5.6065 / lb -0.40%
Brent Crude Oil $ 69.05 / bbl 0.09%
Palladium $ 1193.5 / ozt -0.75%
Crude Oil $ 66.99 / bbl 0.21%
Natural Gas $ 3.366 / Btu 0.03%
Silver Futures $ 37.775 / ozt 0.35%
Aluminum Futures $ 2547.5 / ton -0.78%
Micro Gold Futures $ 3342.5 / ozt 0.30%
Micro Silver Futures $ 37.775 / ozt 0.41%
Platinum $ 1414.9 / ozt 0.01%
Gold Futures $ 3342.7 / ozt 0.29%
Go to MDC Markets

Gold price slump puts Barrick’s Super Pit deal with Minjar at risk

Cecilia Jamasmie | December 02, 2016 | 3:46 am Precious Metals Australia China Europe Gold 

A recent and sharp decline in gold prices is casting serious doubts on the feasibility of China’s Minjar Gold’s $1.3 billion bid for Barrick’s 50% stake in Australia’s Kalgoorlie “Super Pit” mine. Minjar, a unit of Shanghai-listed Shandong Tyan Home, had...

Mining.com Recommends