The lawsuit alleges Barrick knew or should have known that it would have to overcome significant obstacles with its $8.5bn Pascua-Lamas gold-silver project.
Director and former chairman of the World Gold Council discusses the significance of the shift in gold ownership from West to East, the problem of mining scale and the results of the industry's failure to develop new prospecting technology.
Companies’ low valuation, the current focus on operational efficiency in the mining sector, and the chase for overseas assets by Chinese investors, are pushing deals up.
