Tag: Barrick Gold

• Monday, November 4th 2013 - 00:27 UTC

  Shelving of Pascua-Lama mining project in the Andes conditions Barrick Gold

  

  A massive public share offering from Barrick Gold Corp proved a tough sell, market sources said, as the price of gold dropped and investors digested news that the miner had shelved a key growth project

• Monday, September 30th 2013 - 22:06 UTC

  Barrick Gold Pascua-Lama project again running after court ruling

  

  Chile's Supreme Court confirmed a freeze on Barrick Gold Corp's suspended Pascua-Lama gold mine but the Toronto-based miner escaped having the project's environmental permit revoked. The ruling dispels a significant uncertainty surrounding the controversial project, which now essentially has to complete a water management system issued by the environmental regulator to likely be re-activated.

• Monday, May 27th 2013 - 08:13 UTC

  Chile fines and suspends Barrick Gold for contamination at major project

  

  Chilean authorities have fined the world's largest gold mining company, Barrick Gold Corp, more than 16 million dollars for environmental offences. Construction at the Pascua-Lama mine, on the border with Argentina, has been suspended until a system to contain contaminated water is put in place.

• Thursday, February 24th 2011 - 06:55 UTC

  Mining companies increase investments in Chile in spite of rising costs

  

  Two major mining companies, Barrick Gold and Collahuasi, both plan to dramatically increase investments in their northern Chile gold and copper operations despite rising inflation and increased production costs.