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Barrick offering lands with a thud, shares slide
by Allison Martell and Euan RochaReuters
November 3rd, 2013
A massive public share offering from Barrick Gold Corp proved a tough sell, market sources said on Friday, as the price of gold dropped and investors digested news that the miner had shelved a key growth project.

Vote for ProtestBarrick and Sakura Saunders in NOW magazine's "Best of 2013"!
We at ProtestBarrick are very honoured to announce that both ProtestBarrick and PB editor Sakura Saunders were nominated in NOW Magazine's "Best of Toronto". This huge honour should be shared amongst all of the hard-working volunteers that have worked to build a platform for mining impacted communities within Toronto, where Barrick Gold is based.

Miners caught in bond rout as commodities extend slide
by  TIM KILADZE & JACQUIE McNISH Globe and Mail
June 27th, 2013
The bond market rout is sending shock waves through the corporate credit market, but mining companies are taking a particularly hard beating as commodity prices tumble.

Barrick to lay off 100 at Toronto head office
Associated Press
The world's largest gold-mining company has announced plans to eliminate 100 jobs at its corporate headquarters in Toronto. Barrick Gold Corp. (ABX) said Monday the reduction represents 30 percent of the head office. Barrick spokesman Andy Lloyd cited a challenging business environment. Falling gold prices, rising costs and a sagging stock price weighed down by its Pascua-Lama project have plagued the company. Since late 2011, the gold price has fallen by $600 -- over 30 percent.

New Report! "Debunking Barrick"
by multiple authorsProtestBarrick
April 23rd, 2013
As Protest Barrick completes its sixth year of working with communities impacted by Barrick Gold, we are publishing a different kind of alternative annual report. We have noticed over the years that despite some of Barrick`s major abuses coming into light, the company has been able to maintain – within select circles – a reputation for Corporate Social Responsibility (CSR). Meanwhile, around the world, Barrick’s name is still associated with corruption, abuse and environmental harms.

2012-13: Un mal año para Barrick
April 19th, 2013
Extracto de "Debunking Barrick", un informe anual alternativo sobre Barrick Gold.

2012-13: A bad year for Barrick
excerpt of "Debunking Barrick", an alternative annual report on Barrick Gold
April 18th, 2013
Before you think about investing in Barrick, check out this timeline of actions against Barrick's operations around the world since last July.

Barrick’s huge pay: Is enough enough?
The Globe and Mail
March 29th, 2013
Barrick Gold Corp. shareholders have rubber-stamped the company’s rich executive compensation in previous years, but this year sets a high water mark for bonuses at a time when the miner is missing financial and operating targets. Is enough finally enough?

Barrick again revises Pascua Lama Project capex to $8bn-$8.5bn: Barrick's third-quarter 2012 earnings fell 55% as mining costs increased and production declined, resulting in the company missing analysts' expectations.
by Dorothy Kosich Mine Web
November 2nd, 2012
For the second time this year,Barrick has raised its capital cost estimates for the Pascua-Lama project.

Foreign Aid to Mining Firms
by Gwendolyn Schulman, Roberto NietoThe Dominion Paper (Canada)
December 19th, 2011
The Harper government recently announced a publicly funded agreement between three of Canada’s mining giants and three of Canada’s leading non-governmental organizations (NGOs). The agreement, which marks a significant shift in how mining and politics mix, elicited little more than a yawn from the media. But a closer look reveals this partnership is transforming Canada’s aid landscape—with disturbing implications.

Foreign Aid to Mining Firms
by Gwendolyn Schulman, Roberto NietoThe Dominion Paper (Canada)
December 19th, 2011
The Harper government recently announced a publicly funded agreement between three of Canada’s mining giants and three of Canada’s leading non-governmental organizations (NGOs). The agreement, which marks a significant shift in how mining and politics mix, elicited little more than a yawn from the media. But a closer look reveals this partnership is transforming Canada’s aid landscape—with disturbing implications.

Code of Silence: An academic book, a multimillion-dollar lawsuit, and a question: is Canadian law failing free speech?
by CANDICE VALLANTINThe Walrus Magazine
October 27th, 2011
In 2008, Les Éditions Écosociété, a tiny Montreal publishing house, released a 348-page treatise on human rights and environmental violations by Canadian mining companies overseas. Noir Canada: Pillage, corruption, et criminalité en Afrique (Black Canada: Plundering, Corruption, and Crime in Africa) presents evidence for Barrick Gold’s alleged complicity in the deaths of fifty-two miners in Tanzania, and for Banro Corporation’s fueling of violent conflict in the Democratic Republic of the Congo. The book, based on previously published accounts from the international press and UN reports, was intended as a study, not a bestseller. “We were expecting to sell 700 copies at $34 each,” says Elodie Comtois, Écosociété’s head of communications. Immediately after the book’s launch, Barrick Gold sued Écosociété and the three authors — Alain Deneault, Delphine Abadie, and William Sacher — for a cool $5 million in damages to its reputation and $1 million for malicious intent. Banro followed suit six weeks later, citing $5 million for libel (both companies claim the allegations are false). Significantly, as this goes to press, at least one of the trials is under way in Quebec.

End of the Barrick Gold Lawsuit: Écosociété Settles Out of Court
http://www.freespeechatrisk.ca
October 20th, 2011
At the conclusion of a judicial struggle that has lasted three and a half years, Éditions Écosociété has arrived at an out-of-court agreement with the multinational Barrick Gold. In order to put an end to the proceedings that Barrick Gold instituted against it in April 2008 for the sum of 6 million dollars, and for this reason only, Éditions Écosociété is ceasing the publication of the book Noir Canada and made a payment to Barrick through their insurer.

Once again a SLAPP against Noir Canada!
by Dominique Caouette, Catherine Dorion, Louis Dumont, Francis Dupuis-Déri, Jean-Marc Larouche, Lucie Lemonde, Normand Mousseau, Christian Nadeau, Pierre Noreau, Marcelo Otero, Éric Pineault, Michel Seymour, Sid Ahmed Soussi, Pierre Trudel et Daniel TurpFree Speech at Risk
After three years of lobbying by the mining company Barrick Gold against the authors of Noir Canada and the publisher Écosociété, and pending a trial that was the culmination of a SLAPP, Barrick Gold has signed an out of court settlement with the authors and the publisher.

Pay Dirt?
by Michelle SlaterCastlemaine Independent
July 27th, 2011
Can gold ever be ethical?

Tanzanians Killed at Barrick’s North Mara Mine Not Forgotten
Munk OUT of UofT campaign
Approximately 70 people gathered today at a commemoration held for the seven individuals killed in Tanzania at African Barrick Gold’s North Mara Mine. Public outcry over this violence has been amplified by recent reports that local security/police forces employed by the mine have attempted to ban a memorial ceremony for the deceased. To the horror of many local families, these security forces also stole 5 of the 7 peoples’ bodies from the mortuary.

Toronto Star reporter arrested, deported for investigating North Mara murders
by Jocelyn EdwardsThe Star.com: CANADIAN PRESS
May 28th, 2011
Engaging in journalism activities without permission: Journalist, Jocelyn Edwards' account of being arrested and detained in Tanzania trying to investigate recent killings at Barrick Gold's North Mara mine.

Controlling the damage to gold mining’s gritty image
by Lisa WrightThe Star
May 21st, 2011
Two words instantly come to mind in cynical business circles when a tragedy occurs under a big company’s watch: damage control.

Informe narrativo: Manifestación contra reunión de accionistas de la Barrick, movilizando en apoyo a comunidades afectadas
El equipo ProtestBarrick.net está actualmente en Toronto, Canadá, para la reunión anual general de la Barrick Gold y nuestra quinta gira con comunidades afectadas. Este año participan representantes de comunidades de Papua Nueva Guinea, y esperamos (si logren sus visas) que se sumarán desde Tanzania y las Filipinas también.

Barrrick Gold confronted by angry protesters
For the fifth year in a row, Sakura Saunders shows up for the Barrick annual shareholders’ meeting in Toronto. But once again, she is turned back by police and Barrick’s head of security despite the fact that she’s a shareholder.

REPORT BACK: Barrick shareholder protest, mobilising in support of impacted communities
The ProtestBarrick.net team is currently in Toronto, Canada for the Barrick Gold's Annual General Meeting (AGM) and our 5th speaking tour with Barrick mining impacted communities. This year we are joined by Papua New Guinean community and hopefully (visas permitting) community from Tanzania and the Philippines.

Protesting Barrick Gold, Gaining Momentum: Locked out of Barrick's annual general meeting, mining injustice activists build a protest movement
by Megan Kinch Toronto Media Co-op
Despite calls for rain, the day was sunny and beautiful for Wednesday's high energy protest against Barrick Gold's annual shareholder meeting (AGM) . According to some of the 100 or so activists in attendance, Barrick Gold's continuing disregard for human rights, indigenous sovereignty and the environment is the reason the count annual counter-protest to their AGM. They point out how earlier this year, Barrick Gold president Peter Munk excused the arrests of his security guards for raping women living near the Porgera mine site in Papua New Guniea by saying "Gang rape is a cultural habit" (see a response from the community here). Meanwhile, at the University of Toronto, Munk donations are used to divert public money away from social sciences and humanities and towards right-wing think tanks and branded institutes for "global studies' .

PHOTOS: Activist Protest Against Barrick Gold
On Wednesday, over 100 activists protested against Barrick Gold outside the Metro Convention Centre, where Barrick Gold was holding its annual shareholders' meeting.

[Espanol] AMIGOS DE LA TIERRA INTERNACIONAL SE SUMA A PROTESTAS CONTRA BARRICK GOLD '¡Barrick Gold limpien el desastre! Derecho a la vida por encima de las ganancias del oro'
TORONTO [CANADÁ], 27 de abril, 2011 – Hoy, durante la asamblea general anual (AGM) de la empresa minera Barrick Gold en Toronto (Canadá), Amigos de la Tierra Internacional apoya un fuerte llamado de las comunidades del mundo a detener la minería de oro y las prácticas destructivas de Barrick Gold. Campañistas están presentes en la asamblea y se sumaron a una manifestación frente al lugar. Barrick Gold, la minera de oro más grande del mundo, ha sido objeto de muchos estudios que documentan violaciones a los derechos humanos y devastación ambiental a nivel mundial, en países como Filipinas, Tanzania y Australia.

FRIENDS OF THE EARTH INTERNATIONAL JOINS PROTESTS AGAINST BARRICK GOLD 'Barrick Gold Clean Up Your Act! Right to Life Over Gold Profits'
TORONTO [CANADA], April 27, 2011 – Today, during the annual general meeting (AGM) of mining company Barrick Gold in Toronto (Canada), Friends of the Earth International is supporting a loud call from communities around the world for a halt to gold mining and Barrick Gold's destructive practices. Campaigners are present at the meeting and join a protest rally outside the meeting venue. Barrick Gold, the largest gold miner in the world, has been the subject of many documented studies of human rights abuses and environmental devastation globally, including in the Philippines, Tanzania and Australia.

University of Toronto Community Rallies Against the Corporate Takeover of UofT - joined by Noam Chomsky
The Anti-Corporatization Working Group of the UT General Assembly is calling a rally today outside of the University of Toronto’s Governing Council to protest the Munk “donation” and the privatization of education. Professor Noam Chomsky, speaking at a public lecture in the afternoon, has expressed support for the cause and is expected to make an appearance at the rally.

Canadian Ethics Roiled as Barrick Exploits Loophole in Lobby Law With Visa
by Theophilos Argitis Bloomberg
Barrick Gold Corp. and Visa Canada Corp. are exploiting an exemption in ethics legislation to hire former Harper administration aides as lobbyists, triggering calls for increased regulation as Canadian lawmakers prepare to review the rules.

Money really can buy anything – even at the University of Toronto
by Gerald CaplanGlobe and Mail
December 17th, 2010
Last year the Munk Foundation agreed with U of T to establish a new School of Global Affairs to replace the Munk Centre. Ms. McQuaig and Mr. Brooks fear Mr. Munk might be buying influence over the nature of what goes on within the new school – say the choice of faculty and courses –which the university pooh-poohs as unthinkable. As it happens, two weeks after their book was completed, Ms. McQuaig received the actual Memorandum of Agreement between the Munk Foundation and the governing council of U of T, dated Nov. 23, 2009 and duly signed by both. (It’s now been made accessible by the university here.) The memorandum, which I hope will be reproduced in the paperback version of The Trouble With Billionaires, makes the book’s concerns quite plausible.

Publisher, authors seek to have Barrick suit quashed
by Irwin BlockMontreal Gazette
The publisher and authors of a controversial book denouncing abuses and crimes allegedly committed in Africa by Canadian-owned mining, oil and pharmaceutical companies have launched a legal bid to quash a $6-million defamation lawsuit filed against them by Barrick Gold Corp.

PhD grad rejects diploma. Masrour Zoghi rejected his Ph.D to protest campus corporatization, cites Munk donation
by Dylan C. RobertsonThe Varsity
November 23rd, 2010
The mathematics doctorate was visiting from Vancouver and had originally planned on rejecting his diploma. Speaking with The Varsity en route to his convocation ceremony, Zoghi explained that he was upset with what he refers to as an increasing corporatization of the University of Toronto. His main issue of concern was the new Munk School of Global Affairs, launched after a $35 million donation from Peter Munk and his wife. Munk is Chairman of Barrick Gold, a mining company registered in Canada.

Munk’s dubious mining morality
by John McKay, Liberal MP, OttawaThe Star.com: CANADIAN PRESS
Re: Lack of support for mining bill, Letter Oct. 31 Barrick Gold Corp.’s Peter Munk raises three very dubious moral arguments in his triumphalist celebration of the defeat of C-300. The first is that mining is important to our economy. True. Apparently as long as it is generating wealth for Canada, abuse of basic human rights, degradation of the host country’s environment, and criminal code offences are okay. Interesting moral equation.

The Trouble with Billionaires by Linda McQuaig and Neil Brooks
by Linda McQuaig and Neil BrooksThe Toronto Star
September 10th, 2010

Barrick Gold confirms deaths of 2 miners in Nevada mine shaft
by Martin GriffithAssociated Press
Searchers in Nevada found the remains of two miners at the bottom of a gold mine shaft, company officials said Saturday, after crews worked for more than 32 hours to safely access the area 1,300 feet underground.

Barrick Gold moves to block mining book
CBC News
May 12th, 2010
The threat of legal action from mining giant Barrick Gold has forced Vancouver-based Talonbooks to postpone publication of a book about the Canadian mining industry.

Those Bricks Barrick Gold Dropped on Publishers
by Philip ResnickTheTyee.ca
April 21st, 2010
How many readers of The Tyee or Canadians outside Quebec are aware that the same Barrick Corp., on whose board sit such eminences as Brian Mulroney, has been engaged in using SLAPPs -- Strategic Lawsuits against Public Participation -- against two small presses, one in Quebec, one based in Vancouver, that have published or announced an intention to publish books that this august corporation finds offensive to its image? It took a March 25 op-ed article in Le Devoir, the independent Montreal daily (not beholden to the powerful media interests that control so many of Canada's leading newspapers) to alert me to the situation.

Canada's Long Road to Mining Reform
by Cyril Mychalejkoeditor, Upside Down world, writing for Toward Freedom
January 21st, 2010
Rape. Murder. Corruption. Environmental contamination. Impunity. These are just some of the charges and incidents that have plagued Canadian mining operations abroad for years. Now one Canadian lawmaker has taken on the Herculean challenge of legislating mining reform in a country that has traditionally acted like a parent in denial.

** BARRICK MINING DISASTERS - Emergency Funds Needed **
May 21st, 2009
This has been a crazy past few weeks to be watchdogging Barrick Gold. Within the first week of starting our annual ProtestBarrick tour in Toronto, a Barrick-recommended military force in PNG started to torch hundreds of houses, allegedly to clear way for mine expansion. SO... we changed plans a bit, MiningWatch Canada sent an Urgent Appeal to several United Nations Special Rapporteurs and now we are now attending the UN Permanent Forum on Indigenous Issues in New York! Amnesty International has also made a public statement on the recent events at Porgera.

RoyalOr Stakes a Claim on Mont-Royal
May 15th, 2009
RoyalOr is composed of members of various communities around the world confronting projects developed by Canadian mining companies — including Barrick Gold, Goldcorp, New Gold, and Osisko. Affected community representatives came to Montreal from the Valle de Siria, Honduras; Valle de Huasco, Chile; Porgera, Papua New Guinea; San Luis Potosi, Mexico; and Malartic, Quebec.

MEDIA RELEASE: Indigenous Leaders confront Barrick Gold
April 29th, 2009
Indigenous leaders from Papua New Guinea and Chile traveled to Canada this week to attend the April 29 shareholders’ meeting of Barrick Gold. Here, they will confront Barrick about human rights abuses and environmental degradation on their lands.

Grad activist condemns Barrick lawsuit against book
by Dylan RobertsonTheVarsity.ca
April 9th, 2009
A grad student at U of T has been mentioned in a legal face-off between the world’s largest mining company and three Montreal authors.

Corporate Social Responsibility Rules for Mining Industry Blasted: Barrick Gold Implicated
by Lee BerthiaumeEmbassy Magazine
April 1st, 2009
The Conservative government has rejected joint civil society-private sector calls to tie diplomatic and economic support for Canadian oil, gas and mining companies operating in developing countries to socially responsible conduct abroad. As a result, there are charges the government—allegedly influenced by mining giant Barrick Gold and the Canadian Chamber of Commerce—has given the green light for misbehaviour abroad, and killed the temporary peace between NGOs and mining companies.

UN to tackle mercury menace
by MICHAEL RICHARDSONThe Canberra Times
March 3rd, 2009
Fear sparked by global recession, strains on banks and volatile paper currencies has brought the glitter back to gold. Its value has been rising rapidly in recent months, as investors seek a safe-haven from the economic and financial storm.

Norway's sovereign wealth fund drops yet another mining investment; this time it's Barrick
by Dorothy KosichMineweb
February 2nd, 2009
A dispute over the riverine disposal methods utilized by Barrick's Porgera Mine in Papua New Guinea has prompted Norway's Ministry of Finance to drop Barrick from Norway's Government Pension Fund-Global investments, valued at $188.3 million.

Is Gold the duddest of dud investments?
Commodity Online
February 2nd, 2009
Everyone is buying gold. The frantic pace with which people are buying gold have prompted some to comment that gold has lost value as a commodity. According to Merrill Lynch, gold is "the duddest of dud investments." Ever since the U.S. dollar went off the gold standard, gold has had no special value as a commodity, with only 280 tons going to industrial uses per year.

Barrick’s New CEO Takes Over Amid Mine Development
by Stewart BaileyBloomberg
January 16th, 2009
Barrick Gold Corp.’s new chief executive officer, Aaron Regent, stepped into his post today as the world’s largest gold producer plans to dig seven new mines amid a recession that has forced some rivals to cut costs.

Growing Barrick: Regent grabs the challenge
by Lori McLeodGlobe and Mail
January 10th, 2009
Barrick Gold became a world beater through a steady stream of acquisitions. It's now the world's biggest, and the new CEO intends to keep it that way

Worst Companies in the World: US, Monsanto, Peabody and Barrick
by Brenda NorrellThe Narcosphere
The United States was voted the Worst Company in the World, followed by Monsanto, Peabody Energy Corp. and Barrick Gold

New Barrick CEO looking at all M&A options
by Cameron FrenchReuters
December 24th, 2008
Aaron Regent, named as the next chief executive of top gold producer Barrick Gold (ABX.TO) on Tuesday, plans to maintain the company's focus on growth through corporate takeovers, and says he would be open to looking at all opportunities that present themselves.

Barrick Names Former Falconbridge Head Regent as CEO
by Stewart BaileyBloomberg
Barrick Gold Corp., the world's biggest gold producer, named former Falconbridge Ltd. President Aaron Regent as its new chief executive officer, ending a nine- month search to replace Greg Wilkins.

Tarnished Gold
by Thomas SaczkowskiTheVarsity.ca
November 3rd, 2008
Photo exhibit documents Canadian mining companies’ exploitation abroad

US and Canada Found Guilty of Racism
by Haider RizvinInter Press Service
August 8th, 2008
UNITED NATIONS - The international community now fully recognises the native peoples' right to protect their lands and live distinct lifestyles. Yet, most of the world's 370 million indigenous peoples continue to face abuse and injustices at the hands of state authorities and commercial concerns.

ACTION ALERT: Protesters Demand Accountability Outside Barrick Gold's AGM
May 6th, 2008
On 6 May protesters gathered outside Barrick Gold's Annual General Meeting to protest the companies destructive mining operations around the world.

David Bell gold mine union requests mediated talks
Reuters Canada
TORONTO (Reuters) - The union representing workers at the David Bell gold mine in northern Ontario, a joint venture of Teck Cominco and Barrick Gold , has requested provincial mediation as it tries to hammer out a new deal, it said on Monday.

 

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