(Bloomberg) — A Pacific island nation that’s been demanding a bigger share of its mineral wealth from global resources companies has forced Barrick Gold Corp. to do what a global pandemic could not — cut its 2020 production guidance.Less than a month after saying its output was secure, the world’s second-largest gold miner said it expects to produce 4.6 million to 5 million ounces of gold this year, lowering its range by 200,000 ounces, after running into conflict with the government of Papua New Guinea.In April, the Toronto-based miner said it would challenge a decision by the PNG government to …read more
Source:: Yahoo Finance
