The world’s number 1 copper producer Chile said copper prices will fall in the $3.60-$3.80 a pound range this year, beating the 2012 average of $3.61 per pound.
After only five months of kicking-off operations at the Dominican Republic’s Pueblo Viejo gold deposit, one of the largest in the world, Barrick and Goldcorp said the mine has achieved commercial production.
Citizens’ groups, backed by the radical leftist party Syriza that is now the second largest group in parliament, have been trying to wreck the project since 2011, when Eldorado was granted its exploration licence.