Private equity firms are lining up to take on the dirty -- and highly profitable -- assets being divested by publicly traded commodity producers as the world grapples to decarbonize.
Barrick took control of the mine in 2019, when the country’s National Environment Management Council had closed down the TSF, then holding significantly more water than it should.
The first annual settlement between a major miner and a Chinese smelter in the fourth-quarter "mating season" usually becomes the benchmark for the year ahead and is used in supply contracts globally.