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Barrick Gold sells stake in Chinese miner

Canadian gold major Barrick Gold has sold most of its shares in Chinese miner Shandong Gold, booking gross proceeds of $210-million. The company sold 79 268 800 shares of Shandong Gold at a price of HK$20.50 a share – nearly double the HK$10.50 that it bought the...

Govt aims to increase coal share by 30pc in energy mix

Considering the negligible share of coal in Pakistan’s current energy mix, the Economic Survey has called for increasing its share in the energy mix by up to 30 percent by the year 2030.Given that base load could not be entirely replaced by renewables at this stage...
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