Global Wrap: Turquoise Hill, Barrick and more

IN Global Wrap: Turquoise Hill declares force majeure; gold M&A; big diamond find; Centamin founder to move on; Arizona zinc PEA; and preliminary results from Barrick and Goldcorp.

Global Wrap: Turquoise Hill, Barrick and more Global Wrap: Turquoise Hill, Barrick and more Global Wrap: Turquoise Hill, Barrick and more Global Wrap: Turquoise Hill, Barrick and more Global Wrap: Turquoise Hill, Barrick and more

Rio Tinto subsidiary Turquoise Hill Resources said yesterday that Oyu Tolgoi declared force majeure over customer contracts due to a protest by Chinese coal transporters in the area of the Ganqimaodu Border Zone on the China-Mongolia border.

Last week the protestors used a large number of vehicles to obstruct the main access road within China to the border, preventing any traffic from safely traversing the border.

While the obstruction remains in place, Oyu Tolgoi convoys are unable to cross through the Chinese-Mongolian border to deliver concentrates to customers.

The mine continues to operate as normal, with no production impacts.

Barrick Gold has reported...