CAPITAL MARKETS

Our two mines are in trouble: Munk

BARRICK Gold founder and chairman Peter Munk has defended the company’s decision to build the troubled $US8.5 billion ($A8.2 billion) Pascua-Lama mine, while chief executive Jamie Sokalsky has not ruled out the suspension of the entire project.

Kristie Batten
Our two mines are in trouble: Munk

In his annual general meeting address, a reflective Munk touched on Barrick’s recent woes, including poor share price performance, the suspension of construction on the Chilean side of Pascua-Lama and...

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