|Marinduque solons oppose $20-M Barrick Gold settlement|
Business Mirror (Philippines)
February 22nd, 2014
TWO lawmakers have opposed a $20-million compensation offer being dangled by a mining company in connection with the 1996 Marcopper mine tailing spill, considered the worst mining disaster in the Philippines. “This will not also address the repair of the Maguila-guila and Makulapnit siltation dams and Taipan pit. The said dams are in danger of collapse due to its considerably weakened walls and the big volume of water and silt contained therein. Its collapse will unleash a huge quantity of water and silt to the towns of Boac, Mogpog and possibly other towns in Marinduque which will result to loss of a great number of lives and millions of pesos in damage to homes and properties."
|Tanzania's gold rush and housing crush|
by Victoria Schneider, Al Jazeera
Mayenda says the Buzwagi Gold Mine is the reason the buildings collapsed, and she is not alone. Other villagers say their mud houses crack and collapse because of blasting at the open pit - Tanzania's largest. They say their children's coughs come from the dust blown over the village, and the water from the local wells is polluted from mine waste.
|Philippines: Marinduque 'pushed to the wall' by Barrick Gold |
by Catherine Coumans, Mining Watch Canada via Rabble.ca
October 22nd, 2013
Canada’s Barrick Gold, the world’s largest gold mining company that bought out Placer Dome, has spent the better half of a decade fighting the province in court rather than owning up to the company’s responsibility to put things right in Marinduque. Once again, Marinduque is the bellwether, evidence that for all its rhetoric about “responsible mining,” the mining industry is still more concerned with its bottom line than in doing what’s right. In spite of a long legal struggle with competent American lawyers, on September 17, Marinduque provincial administrator Eleuterio Raza told the Philippine Daily Inquirer (Inquirer) that Barrick was offering the province around 20 million dollars, take it or leave it. According to the Inquirer “[t]he amount, however, would further be reduced to $13.5 million after litigation expenses had been paid. ‘These are crumbs,’ said Raza, ‘but we are being pushed to the wall.’” It is perfectly clear that this extremely low level of recovery from Barrick is woefully inadequate to protect the health and safety of Marinduquenos, which can only be secured through the comprehensive rehabilitation of all contaminated ecosystems and the stabilization or removal of shoddy dams and structures in the mountains of the island, as well as the tons of toxic waste that these dams are barely containing.
|Sickness and wealth: Shiny new mine, rusty pollution problems
September 21st, 2013
Residents are suing PVDC, claiming that the new mine is poisoning rivers, causing illnesses and the death of farm animals. They want the government to release the environmental-impact assessment for Pueblo Viejo, which it has so far refused to do.
|Five whistleblowers speak out against Barrick, court documents reveal|
Court documents filed by Labaton Sucharow LLP on August 2, 2013 related to a class action lawsuit on behalf of shareholders of Barrick Gold reveal the testimonies of five former Barrick employees. These confidential witnesses confirm that Barrick top management knew that construction at the Pascua Lama Project was contaminating nearby water sources and breaching environmental conditions that led to the suspension of the project. These witnesses also testify that at a time when the company was estimating that the Project's cost would be between $2.8 and $3 billion, Barrick already had in its possession an engineering report estimating costs for the Project at nearly twice that figure.
|The Case Against Barrick Gold: Why Shareholders are turning on this mining giant|
by Sakura Saunders, Special to ProtestBarrick
July 26th, 2013
On June 5, 2013, Lewis and Patricia Clark filed a class action lawsuit for themselves and other shareholders against the world's largest gold miner for “making false and misleading statements and concealed material information” relating to Pascua-Lama’s delays and costs. The class covers everyone who bought Barrick common stock between May 7, 2009, and May 23, 2013. Since this date, at least 9 law-firms have taken on the case against Barrick.
|Exclusive: Chile indigenous group likely to appeal Barrick ruling: lawyer|
by Alexandra Ulmer, Reuters
July 18th, 2013
A Chilean indigenous group will likely ask the Supreme Court to review a lower court decision on Barrick Gold Corp's Pascua-Lama gold mine, because the ruling does not go far enough to protect the environment, a lawyer representing the group told Reuters on Thursday.
|Tanzania: Tarime Boy Drowns in Gold Mine Sand Pit|
by AMBROSE WANTAIGWA, Tanzania Daily News
July 11th, 2013
THREE people died in separate incidents in Mara Region including a fifteen-year-old boy identified as Matiko Chacha who drowned in North Mara Mine's Gokona pit, police have said.
|VIDEO: Diaguita Sing Against Barrick Gold|
A video and song by Pedro Martinez, a member of the ethnic Diaguita who are opposed to Barrick Gold on their lands.
by Tim Elliot, Sydney Morning Herald - Good Weekend
In the Highlands of Papua New Guinea, the locals are largely locked out of the wealth of a lucrative goldmine. Tim Elliott meets a few brave young men determined to claim just a tiny piece of pie.
|Barrick's Pascua Lama could wind up costing US$10bn, analyst says|
by Alexandra Demo-Dananberg, BN Americas
June 26th, 2013
Canadian Barrick Gold's Pascua Lama project on the border of Chile and Argentina could wind up costing US$10bn to build, according to Credit Suisse analyst Anita Soni.
|Open letter to Corporate Knights regarding Barrick's placement at #4 on "Best 50 of 2013"|
June 14th, 2013
I am writing in response to your recent "Best 50 of 2013" listing, where you place Barrick Gold in the position of 4th best corporate citizen. You acknowledged that awarding them this honour would stir controversy, as you acknowledge the company has many accusations placed against it for human rights abuses, and even the Chilean government recently shut down its Pascua Lama project due to "environmental irregularities". Still, referencing "publicly disclosed data points that can be compared across companies", you insist that Barrick is a corporate leader.
|Corporate Knights defend abusive corporations
by Sakura Saunders, An edited version appeared in NOW Magazine
June 13th, 2013
You only need to check out Corporate Knights magazine’s just-issued Best 50 Corporate Citizens In Canada index to get that “clean capitalism” is all show, no substance.
|Why NZ Super dumped Barrick Gold|
by Tim Hunter, Timaru Herald via stuff.co.nz
Why NZ Super dumped Barrick Gold
|New Zealand Superannuation Fund excludes Barrick Gold and subsidiary African Barrick Gold on responsible investment grounds|
New Zealand Superannuation Fund
May 13th, 2013
The New Zealand Superannuation Fund has excluded global mining company Barrick Gold Corporation and its subsidiary African Barrick Gold from its $22 billion investment portfolio on responsible investment grounds.
|Q&A: Sen. Allende on Barrick Gold’s controversial Chilean mine|
by Kalynne Dakin, Santiago Times
May 8th, 2013
The Socialist Party senator addresses constituent and worker concerns as US$8.5 billion Pascua-Lama mine faces shutdown.
|Barrick’s mea culpa
by Christian Pena, Now Magazine
May 2nd, 2013
If spirits were low inside the venue, outside the mood was buoyant. Activists cheerfully propped up a monster puppet of Munk with a Pinocchio nose to illustrate their view of the company’s claims to social responsibility and drew attention to Barrick’s incursions on indigenous land and its reaction to alleged gang rapes and abuses by company security in Papua New Guinea.
|Barrick’s environmental foes jump on wobbly miner |
by MARTIN MITTELSTAEDT , Globe and Mail
April 25th, 2013
The long term outlook for Barrick shares hinges on many factors: the gold price is obviously the biggest driver, but the company also faces vociferous opposition from environmentalists and many residents around its mine sites, which should be a long term worry for shareholders.
|Barrick AGM Protest in pictures|
April 24th, 2013
Protesters braved the rain to send a message to shareholders of Barrick Gold: "Barrick is a toxic asset, invest in life!" (all photos Allan.Lissner.net)
|Chile rejects Barrick’s appeal to resume work at Pascua Lama|
by Cecilia Jamasmie, Mining.com
April 23rd, 2013
Chilean appeals court rejected Canadian Barrick Gold (NYSE, TSX: ABX) subsidiary Minera Nevada's plea to reverse the order to suspend construction on the troubled Pascua Lama gold and silver project.