MercoPress. South Atlantic News Agency
Canadian company will develop gold mine project in Argentine Patagonia
Argentina's Planning Ministry said Thursday that Canadian mining company Goldcorp Inc. (GG) will invest 850 million US dollars to put into production its Cerro Negro gold project in Santa Cruz Province. Read full article
Comments
Disclaimer & comment rulesWith Venezuela in bed with Argentina and Brasil next door (Vale), can we expect the Canadian company Goldcorp to develop the industry in Argentina, only for the President to declare it a national asset and nationalise it without compensation.
Apr 16th, 2011 - 09:12 pm - Link - Report abuse 0#1 yes geo Canadian mining company pollute, they being melting the Glaciars in San Juan Argentina border with Chile and right now are polluting the waters that use to supply the province with the water needed to irrigate the whine industry, if Argentina doesn't nationalize it, many provinces will become ghst town with dangerous levels of arcenics in any body of water, making much of Argentina unproductive and in many cases toxic ground for farming.
Apr 17th, 2011 - 12:12 pm - Link - Report abuse 0It's necessary to have good ministerial management of industrial H&S, human health & safety, and environmental health protocols in place to ensure that this does not happen.
Apr 17th, 2011 - 03:34 pm - Link - Report abuse 0Surely Argentina has the appropriate ministries doing the necassary, otherwise your country is permanently at risk from such activities.
Do you have these controls in place?
Yes, Argentina has controls in place. Provincial laws take care of these cases. There are numerous mining activities going on in Argentina, and all laws are being met. Even though, there are always bleeding heart (or self-interested ) people in Argentina who bleat otherwise. The largest concern of a company is that the CFK government will announce a “decree” which would put stronger government involvement.
Apr 17th, 2011 - 05:54 pm - Link - Report abuse 0Hi Jerry.
Apr 17th, 2011 - 08:08 pm - Link - Report abuse 0Yes, I know you have them but this guy Pirate-Hunter believes they are pretty worthless (see above).
This would not surprise me as I have seen such damage all over N & S America, where mining & oil companies have done little more than pay lip service to the controls - and frequently the companies are state owned!
Geoff.
Of course, many companies have paid lip service, but it takes two to tango. The overseers are either not doing their jobs or they are getting bribes not to do their jobs. Industry has come a long way in the last 20 years or so in making money and still protecting the environment. This particular company, GoldCorp, has an excellent reputation.
Apr 17th, 2011 - 09:16 pm - Link - Report abuse 0Commenting for this story is now closed.
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