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News Articles : Displaying 61-80 of 322


Barrick Gold: Is Pascua-Lama A Mine That Should Not Be Built?
Seeking Alpha
April 16th, 2013
The uphill struggle for Barrick Gold (ABX) to finally bring the Pascua-Lama mine into production hit another snag last week when a Chilean court ordered all works on the Chilean side of the project to cease pending a decision on a complaint filed by a group of native indigenous people. Court sources quoted by Reuters anticipate the dispute to go to the Chilean Supreme Court, which could mean delays to the order of several months. The suspension is the latest in a series of setbacks to the Pascua-Lama project. Target dates for initial production have been delayed, and cost estimates had to be corrected at least twice.

CONFRONT BARRICK: 2013 AGM Protest and Alternative Annual Report!
Once a year, the board of Directors of the world�s most powerful gold mining corporation converge in downtown Toronto. This year, we're releasing a report that chronicles Barrick's lies and highlights the true stories behind their false CSR spin. Help us ensure that these stories don't get ignored.

Chile court suspends Barrick's Pascua Lama mine
by LUIS ANDRES HENAOAssociated Press
April 10th, 2013
A Chilean court on Wednesday suspended Barrick Gold Corp's Pascua Lama mine after indigenous communities complained that the project is threatening their water supply and polluting glaciers.

Barrick Gold Could Lose the Pascua Lama Project
El Ciudadano, Translation by Molly Fohn
April 3rd, 2013
The largest gold mining company in the world, Barrick Gold and its Chilean subsidiary, Nevada Spa Mining, could lose in the coming months the Pascua deposit worth millions after a series of frauds regarding mining property and repeated poor environmental practices. The deposit is known as the Pascua-Lama, with the name Pascua from the Chilean side, and Lama from the Argentine side.

PASCUA LAMA: Charges filed against the controversial project for failing to meet the environmental standards, conditions, and measures.
by SEBASTIAN MARCHANT24 Horas
The Environmental Superintendent of Chile filed charges on Wednesday against Nevada Mining SpA, who is the owner of Pasca Lama project in Chile, because the project fails to meet the conditions, rules and measures established by the Environmental Qualification Resolution delivered in 2006. Chilean authorities also found Barrick's self-reporting did not meet the requirements of Article 41 of the Organic Superintendency Law, which requires the provision of accurate, truthful and verifiable facts by the holder.

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?

Dominican government halts a Barrick Gold shipment(Update)
Dominican Today
March 14th, 2013
The Dominican Republic government Wednesday halted a gold shipment worth millions which the Barrick Gold Pueblo Viejo Corp. was about to export to Canada via the United States, from the Las Americas Airport�s freight terminal. President Danilo Medina reportedly instructed Customs director Fernando Fernandez to ban the export until the Canadian mining company reaches an agreement with the government.

Tanzania: Concern As Mine Terminates MoU With Communities
by MOSES MATTHEWTanzania Daily News
March 8th, 2013
COMMUNITIES surrounding North Mara Gold Mine have pleaded with the government to intervene in the land dispute between them and the mine operated by African Barrick Gold (ABG) after the latter terminated a memorandum of understanding between the two parties.

Economic Displacement + Water Depletion + Long-Term Pollution ≠ Sustainable Development
ProtestBarrick editor Sakura Saunders distributed this fact sheet at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto on March 5, 2013. It is just the tip of the iceberg regarding Barrick's abuses, but enough points to prove a point that Barrick does not promote sustainable development at their mine sites. The fact sheet was distributed after Saunders spoke during the question period of the CEO panel which featured Barrick CEO, Jamie Sokalsky.

Gold Mine Planned for Southwest Alaska Threatens Environment and Local Communities
by Rebecca SiegelAlaskans For Responsible Mining
February 27th, 2013
The Kuskokwim region is at a crossroads. A massive gold mine is planned at Crooked Creek, a tributary of the Kuskokwim. With an estimated 27 year production run churning out more than one million ounces of gold per year, the Donlin Gold mine would require an open pit two miles long, one mile wide and 1,800 feet deep, plus the largest pipeline built in Alaska since the Trans-Alaska Pipeline System.While it promises jobs in a region with few employment opportunities, the mine as currently proposed could have serious consequences for subsistence livelihoods.

Globe and Mail proclaims on rapes in Papua New Guinea
by Catherine Coumanshttp://rabble.ca/blogs/bloggers/miningwatch/2013/02/globe-and-mail-proclaims-rapes-papua-new-guinea
On February 13, The Globe and Mail�s editorial board weighed in on the important issue of rapes by security guards at Barrick�s mine in Papua New Guinea (�Give due credit to Barrick Gold�). Remarkably, The Globe determined that the deal Barrick is offering women who were raped and gang raped by employees of its Porgera mine in Papua New Guinea�seems fair.� In return for such things as �counselling, access to micro-credit and medical care� Barrick requires of a rape victim that �she will not pursue or participate in any legal action� against the company �in or outside of PNG.�

Notorious Dominican lawmaker heads protest against Barrick Gold
Dominican Today
February 13th, 2013
Hundreds of people including a notorious Deputy are marching Wednesday to protest against Canadian miner Barrick Gold, demanding a revision of the contract to exploit the Pueblo Viejo site, or leave the country .

Dominican Republic: Xstrata is safe, but Barrick should pay higher taxes
by Cecilia Jamasmiemining.com
February 11th, 2013
Dominican Republic�s Mining Agency director denied Monday local reports saying the government would not let Xstrata (LON: XTA) go ahead with its planned expansion plans at Loma Miranda, as it would harm the region�s ecosystems. However, Dominican Today reports the authority added he believed Barrick Gold (TSX:ABX), (NYSE:ABX) should pay higher taxes, as it is profiting from the precious metal strong prices.

EPA fines Barrick Gold for Nevada mine record violations
by Jennifer RobisonLas Vegas Review Journal
February 6th, 2013
A big Nevada mining company will pay federal fines following a ruling from the U.S. Environmental Protection Agency. The EPA found that three subsidiaries of Barrick Gold Corp. failed to correctly report toxic chemical releases and waste management activities at the company's Cortez, Ruby Hill and Bald Mountain mines in Northern Nevada between 2005 and 2008.

New government threat for Barrick/Goldcorp
by Peter KovenFinancial Post
January 31st, 2013
The threat of resource nationalism never seems to go away. This week, the spotlight shifted to Barrick Gold Corp. and Goldcorp Inc. as the Dominican Republic�s Congress said it wants a �more favourable� contract on the Pueblo Viejo mine.

Nemc�s order to Barrick: SHUT DOWN THE TOXIC TAILINGS POND
by Beldina NyakekeThe Citizen (Tanzania)
January 26th, 2013
Mining giant African Barrick Gold was yesterday ordered to close a pit refuse facility at North Mara due to toxic leakages that are contaminating local water sources.

Conflicts surrounding Canadian mines �a serious problem�
by Catherine SolyomMontreal Gazette
December 18th, 2012
Canadians abroad have long benefited from what psychologists call �the halo effect�: Because of its reputation as a peace-loving, human-rights respecting, tree-hugging land, Canada can do no wrong. But perceptions in Latin America are changing, say observers here and there, as conflicts pitting Canadian mines against local communities become entrenched and spread across continents, and the line between those companies and the Canadian government becomes increasingly blurred.

Clean capitalism gets mixed results in the Andes
Montreal Gazette
CSR has become controversial because, observers said, it does not necessarily make the mining more responsible � it makes it easier to sell.Rod Jimenez, the vice-president of corporate affairs for Barrick South America, said the company has done a lot to build trust in the community, likening the battle for hearts and minds around Pascua-Lama to a marriage.

Chileans divided over value of Barrick�s water fund
by Cecilia JamasmieMining.com
December 18th, 2012
2012 was not a great year for Canada�s Barrick Gold (NYSE, TSX: ABX) when it comes to its $8.5 billion Pascua Lama project, straddling the border of Argentina and Chile. There has been recent legal actions filed against the company for allegedly not having all the rights to proceed with the development of the mine. And now locals, divided over the merits of a water fund created by Barrick, threaten the fragile status quo in northern Chile.

Glaciers, protests and court cases slow Barrick in Pascua-Lama
by CATHERINE SOLYOMMontreal Gazette
December 15th, 2012
A number of obstacles remaining on the bumpy road to Pascua-Lama, to the delight of some and the dismay of others, from legal wrangling in Chile over the deeds to the vast, frigid territory, to a Supreme Court of Argentina decision over whether any mining can take place there at all, given the presence of glaciers so close to the mine pit.

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