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Barrick to restart Pascua-Lama project

  Bloomberg Barrick Gold Corp., the biggest gold miner, is looking into ways to restart its stalled Pascua-Lama project on the Chile-Argentina border, including a staged development. Possible changes to the decade-old mine plan include a smaller open pit, an underground mine on either side of the border or starting with one line in the mill to generate cash for ...

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China warns against ‘cradle of war’

  Beijing / AFP China warned rivals Wednesday against turning the South China Sea into a “cradle of war” and threatened an air defence zone there, after its claims to the strategically vital waters were declared invalid. The surprisingly strong and sweeping ruling by a UN-backed tribunal in The Hague provided powerful diplomatic ammunition to the Philippines, which filed the challenge, ...

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S Korea chooses site for THAAD system

  Seoul / AFP Seoul said on Wednesday an advanced US missile defence system will be deployed in a remote southern county and will have the capacity to protect two thirds of the country against feared attacks from the North. The plan to deploy the powerful system, which fires projectiles to smash into enemy missiles, came last week after the ...

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