The government may renew Kinross’s rights to the concession, or at least could remove legal hurdles to the prospective sale of Fruta del Norte gold-silver project.
The LME is among firms vying to take over spot price benchmark system, 30 years after being forced out by Hunt Brothers who famously cornered the market in the late 1970s.
The detailed claim alleges there were misrepresentations in Barrick's public disclosure relating to Barrick's development of the Pascua-Lama mine located on the border between Chile and Argentina.