According to environmental scientist Peter Erskine, Australia will be left with a bill running into tens of billions of dollars unless the government starts taking mine rehabilitation seriously.
The Vancouver-based miner has sold 30% of the company to La Mancha Holding in a deal that will grant it a majority stake in the massive Ity gold mine, in Côte d’Ivoire.
Even in a frozen metals price market, it only takes one event to shake off the paper manipulation keeping prices below what supply and demand fundamentals of a free market would dictate.