COPPER
The world’s largest gold producer by volume Barrick Gold on Wednesday announced that it had completed a 50/50 joint venture agreement with Saudi Arabian Mining Company (Ma'aden) to move the long-delayed Jabal Sayid copper mine, located in the kingdom, forward, with first shipments slated for early 2016. The Canadian gold producer on Sunday said Ma’aden would buy a 50% stake in the project for $210-million, a move that was expected to result in first output from the long-delayed mine in late 2015.
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