Two new reports argue for a leap in uranium prices as China commits to 46% increase in nuclear capacity, Europe designates it "green" and inventory is hoovered up.
Workers at Zaldivar are set to vote on a strike this week, while supervisors at Centinela mine have already decided it, but expect a government mediation mechanism to extend negotiations for at least five more days.
New report argues that a high-efficiency, low emissions coal-fired station would cost less than the almost A$3 billion in subsidies handed out by the government to renewable projects each year.
The company argues the Central European country violated several investment treaty provisions in its claim to the bank’s International Centre for Settlement of Investment Disputes.
It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces.
The company, which owns the Cullinan mine that has produced the two largest diamonds in the British Crown Jewels, said output and revenue will be lower than market expectations.