While most miners have managed to straighten the balance sheets, they have not began preparing to deal with a new looming risk —their ability to access workers with the skills needed in an upswing.
Energy and Minerals chief executive Alan Davies said he would take the mining giant to court over his dismissal, adding there were “no grounds” for his termination.
The company's targets are high-grade gold veins similar to the Snip Mine and Pretivm Resources Valley of the King deposit, as well as bulk tonnage copper-gold mineralization similar to Seabridge Resources KSM Project.
Israeli financier Dan Gertler's firm disputes report outlining purchase from Congo state-owned miner of royalty streams from Glencore-owned copper mines.
Company is said to have found out about the emails referring to a questionable $10.5m payment to a consultant over the Guinea project more than a year ago, not 'just' in August, as it claimed.