A coalition of gold investors, including firms backed by billionaires John Paulson and Naguib Sawiris, is taking aim at mining executives who don’t have enough skin in the game.
Social desirability is important enough for consumers to ignore that battery-powered technology is currently more expensive than internal combustion engines.
The 135-kilometer (84-mile) railway, which will link mining operations to a river terminal, will cost an estimated $1.2 billion and is expected to start operations in 2022.
On Jan. 1, the London Bullion Market Association will introduce a new version of the guidelines that embrace what’s called environmental, social and governance standards.
Richard Williams who served as Barrick’s chief of staff and later chief operating officer was assigned in February to work full-time on securing a deal between the Tanzanian government and Acacia Mining Plc.
