Gold

Delivery Drivers Sue Trucking Firms, Amazon as Joint Employers, Say Broke Law by Not Paying OT

A pair of former delivery drivers has filed a class action lawsuit against the trucking company that employed them and against Internet behemoth Amazon, the merchant whose cargo they were delivering and who they allege acted as their “joint employer,” saying the companies wrongly didn’t pay overtime, making them earn less than what state and federal law requires. In the lawsuit filed Nov. 1 in …


Tribunal Awards Rusoro More Than $1 Billion in Venezuelan Lawsuit

Canadian gold miner Rusoro Mining Ltd. (TSXV: RML) has been awarded more than $1 billion after a World Bank tribunal said Venezuela unlawfully seized the company’s gold mine, according to news reports and a news release from Rusoro. The company says it was awarded damages of $967.77 million plus interest, taking the total above $1.2 billion. Rusoro says it filed an arbitration request in July …


Barrick Chairman John Thornton Takes $10-Million Cut in Pay

John Thornton has finally addressed the recurring outcry over his compensation – by taking a nearly $10-million (U.S.) cut in pay. The executive chairman of Barrick Gold Corp. will receive $3.1-million for his work in 2015, a dramatic reduction from the $12.9-million he pocketed for 2014. Shareholders have twice voted against Mr. Thornton’s compensation package in recent years through non- …