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Source: Dawn News | 15-02-2013
Barrick Gold Corp, the world’s largest gold miner, reported a quarterly loss on Thursday, after booking a $3.8 billion impairment charge to write down the value of its Lumwana copper asset.
The Toronto-based miner also said it has no plans to build any new mines at this time, due to the extremely challenging cost environment. However, Barrick will..... Read more
Source: The News | 24-01-2013
The Pakistan International Airlines terminated an agreement signed with a foreign company for the procurement of spare parts to keep its aircraft operational, Geo News reported Thursday.
Source said the decision to cancel the contract was taken at a meeting of board of directors since the company had failed in providing required spare parts on time, whi..... Read more
Source: GEO News | 13-06-2013
TOKYO: The dollar slumped to a 10-week low against the yen in Asia Thursday as dealers ran for cover in the face of tumbling stock markets and concern the US central bank will soon end its massive stimulus programme.
The greenback bought 93.98 yen in Tokyo afternoon trade, down from 95.88 yen in New York late Wednesday and from the high 98-yen range ..... Read more