As part of a new plan to overhaul energy intensive industries, Shandong province is planning to consolidate dozens of small refineries and build mega-petrochemical complexes.
Industry sources say automaker interest bodes well for the contracts, but new contracts usually take years to gain traction and a lack of interest from steelmakers could slow the process.
With environmental and indigenous opponents of Tahoe's Escobal mine vowing it will never again produce silver, analysts are expecting the company to post its fifth consecutive quarterly loss on Tuesday.
Bristow, who will be CEO of the merged firm, did not give specifics about what that mediation would involve, but said he would be acting in his capacity as Randgold's chief executive not as the head of Barrick.
The government turned over 70% of the Intag Valley into mining concessions, yet they didn't do a single consultation — not with the communities, not with the local authorities.
