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Global gold council expects american:
Barrick Mining CEO Mark Bristow said on Monday that the World Gold Council awaited clarifications. Nevertheless, from the United States concerning possible customs duties on gold ingots. However, he said that the impact for mining companies would be minimal, these being “price takers”.
In an interview with Reuters, Mr. Bristow also indicated that Barrick did not act as an intermediary between Saudi Arabia. Pakistan for the Copper-Or project of Reko Diq. The Saudi sovereign fund PIF was in discussions with the Pakistani government to invest in this project.
About the current dispute with Mali. the leader said that Barrick did not plan, at this stage, to sell his mining complex of gold from Lulo-Gounkoto to a third party.
The Canadian mining group published on Monday results in the expectations of analysts for the second quarter. Additionally, the outbreak of gold prices that global gold council expects american made it possible to compensate for a drop in production, especially in Mali.
In June. the military government of the country of West Africa temporarily took control of the Lulo-Pounkoto complex, intensifying a conflict around the alleged refusal of the company to sign a new mining contract and the non-payment of taxes.
In his results published on Monday. Barrick said that loss of mine control in Mali had resulted in a before tax loss of $ 1.03 billion.
global gold council expects american — Global gold council expects american: Barrick Mining CEO Mark Bristow said on Monday. that the World Gold Council awaited clarifications from the United States concerning possible customs duties on gold ingots. However, he said that the impact for mining companies would be minimal.
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