Ducommun Inc
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Industrials : Aerospace & Defense | Small Cap Blend
Company profile

Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions. The Company operates through two segments: Electronic Systems (ES) and Structural Systems (SS). The ES has over three product offerings in electronics manufacturing for various applications, including complex cable assemblies and interconnect systems, printed circuit board assemblies, and electronic, electromechanical and mechanical assemblies. The SS segment offers over three product offerings to support a customer base, including commercial aircraft, military fixed-wing aircraft, and military and commercial rotary-wing aircraft.

Closing Price
$33.14
Day's Change
1.08 (3.37%)
Bid
--
Ask
--
B/A Size
--
Day's High
33.30
Day's Low
31.86
Volume
(Below Average)
Volume:
61,735

10-day average volume:
70,651
61,735

Barrick Serves Notice of Dispute Over Porgera

5:30 am ET July 10, 2020 (Globe Newswire) Print

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) announced that its subsidiary, Barrick (PD) Australia Pty Limited (Barrick PD), an investor in the Porgera Mine, has given notice to Papua New Guinea (PNG) that a dispute has arisen under the Bilateral Investment Treaty (BIT) between PNG and Australia.

Barrick PD asserts that the dispute arises out of the PNG Government's decision not to extend the Porgera Special Mining Lease (SML) in violation of the terms of the BIT and international law governing foreign investment. Barrick PD, as an investor, seeks to recover damages it has already suffered and damages it may suffer in the future by virtue of PNG's wrongful refusal to grant an extension of the Porgera SML. If the dispute cannot be resolved through consultations and negotiations, Barrick PD has elected to refer the dispute to arbitration before the World Bank's International Centre for Settlement of Investment Disputes (ICSID).

Barrick further notes that Barrick Niugini Ltd, the joint venture between Barrick PD and a subsidiary of Zijin Mining Group Ltd, has also announced the commencement of conciliation proceedings against PNG before ICSID, see http://www.porgerajv.com/Company/Media/Press-Release.

Barrick continues to advocate for a negotiated solution to an extension of the Porgera mining lease on terms that would be beneficial to all stakeholders.

Barrick Enquiries

Kathy du Plessis

Investor and media relations

+44 20 7557 7738

Email: barrick@dpapr.com

Website: www.barrick.com

https://ml.globenewswire.com/media/6ea0f208-6f8d-4b15-b876-3e6e69e5d56d/small/barrick-logo-rgb-jpg.jpg

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