Tag: Barrick Gold Corp

Tuesday, April 11th 2017 - 05:30 UTC
Chinese company buys 50% share of the Veladero mine in Argentina

Barrick Gold and Shandong Gold, a Chinese company, have signed a strategic co-operation agreement that includes half the Veladero gold mine in Argentina. Shandong has agreed to purchase 50% of the Veladero mine in Argentina for US$960 million, and a joint venture will be created to operate it.
Monday, September 21st 2015 - 08:19 UTC
Barrick Gold cyanide spill in Argentine mine analyzed by UN team of experts

A group of United Nations experts have started to analyze water samples in the Argentine northeastern province of San Juan where a spill from a malfunctioning cyanide pipeline in a gold mine belonging to Canada's multinational Barrick Gold has caused a water emergency. The Veladero mine in San Juan is one of the largest in Argentina and apparently the spill reached the rivers Jachal, Las Taguas and Blanco.
Wednesday, September 16th 2015 - 08:16 UTC
Cyanide spill in Argentine Andean mine triggers strong protests from local residents

Residents of a town in the Argentine northwestern province of San Juan took to the streets in protest after an industrial malfunction caused a pipe carrying potentially lethal cyanide to the nearby Veladero gold mine to fracture and spill an amount of its contents in the area on Sunday. The news reached national level on Monday.
Wednesday, November 6th 2013 - 01:38 UTC
Piñera joins the Pascua Lama gold mine project fray and points to Barrick Gold

Chilean President Sebastián Piñera has entered the fray surrounding Barrick Gold’s decision to temporarily suspend construction on its troubled Pascua Lama gold mine which straddles up in the Andes along Chile and Argentina, a move which activists slammed as a ploy.
Friday, November 1st 2013 - 21:40 UTC
Argentina warns Barrick on announced suspension of gold mine project

Barrick, the world’s largest gold mining company, is indefinitely suspending construction of its troubled gold mine straddling the Chile-Argentine border, part of a cost-cutting effort that also involves 10 other mining projects around the world.
Tuesday, July 16th 2013 - 03:50 UTC
Chilean court suspends major 8.5bn dollars gold development project in the Andes

A Chilean appeals court on Monday formally suspended Barrick Gold Corp’s controversial 8.5 dollars billion Pascua-Lama gold mine until the company meets environmental standards and builds infrastructure that will prevent water pollution.
Thursday, April 25th 2013 - 22:39 UTC
Barrick Gold considering suspension of 8.5bn mine development in the Andes

Canada’s Barrick Gold Corp making a painful adjustment to a sustained slump in bullion prices, reported progress in controlling costs and said it planned further cuts in capital spending.
Thursday, September 20th 2012 - 23:38 UTC
Peruvian villager killed and four injured in clashes over water with Barrick Gold

Barrick Gold is resuming operations Friday at its Pierina mine in Peru after violent clashes this week between police and nearby villagers left one person dead and four injured.
Thursday, August 30th 2012 - 04:55 UTC
Canada confirms Falklands self determination despite lobbying from companies operating in Argentina

The Canadian government reaffirmed its support of the Falkland Islands and their right to self determination, according to a report from the Canadian edition of The Wall Street Journal.
Monday, July 30th 2012 - 07:04 UTC
Soaring costs delay Barrick-Gold Andes mining project delayed a full year

Barrick Gold, the world’s biggest gold miner, says its capital costs to develop a giant mine high in the Andes could reach 8 billion dollars and has delayed production until 2014.