ICMM updates mine-community relations guide to reflect investors’ pressure

Class action lawsuit alleges investors lost billions over Barrick’s "misrepresentations and failures" regarding mothballed $8.5 billion project in South America.

There has been a lot of talk about private equity ‘circling’ the mining space, however little has come to fruition.

“I care about the environment and social issues as much as any of those people that sometimes are opposing mining projects because I think there is a tremendous contribution that this industry can make.”

The company has been on the news since 2011 due to its developmental projects in Greece under its subsidiaries, Hellas Gold and Thracean Gold Mining.

On October 30, 2013, Stans Energy Corp., a Toronto-based firm focusing on heavy rare earth metals, and its subsidiaries filed a claim for arbitration under the Convention for the Protection of Investor’s Rights to which Kyrgyzstan is a signatory.

The gold giant's ongoing dispute with Mexican landowners could affect 2014 production at its currently halted Los Filos mine.

The company stated this decrease was primarily due to lower sales volumes and lower copper prices compared to the first quarter of 2013.

Company claims comment was part of a requirement for the application to the National Energy Board.

Appeals court says the gold and copper project, frozen since November last year, can finally go ahead. Indigenous communities to appeal ruling.