|Chile regulator says could cancel permit for Barrick's Pascua-Lama
January 21st, 2015
Chile's environmental regulator is re-evaluating penalties on Barrick Gold Corp's Pascua-Lama project, a process that could include cancelling the embattled mine's permit, the head of the government body told a local daily newspaper.
|Chile supreme court deals new blow to Pascua Lama|
by Juan Andres Abarca, BN Americas
December 31st, 2014
The Chilean supreme court dealt a new blow to Canadian miner Barrick Gold regarding its US$8.5bn Pascua Lamagold-silver project, after refusing to rule on the merits of a challenge filed by the company against a lower court decision. The challenge filed by Barrick's local subsidiary, Minera Nevada, contested the sanctions imposed by environmental regulator SMA in May 2013 for permit breaches.
|Chilean Farmers And Foreign Mining Firms Face Off Over Andes Gold|
by Ramona Wadi, MintPress News
December 1st, 2014
Left out of the initial consultations were the indigenous communities whose livelihoods depend upon farming and water irrigation from the glaciers located within the mining range. Opposition to Barrick Gold has been loudest in Chile, where most of the designated mining area is located.
|Barrick Gold Faces Demonstration Against Human Rights, Environmental Abuses at Toronto AGM|
by Tim McSorley, DeSmog
Barrick Gold's shareholders will be greeted by a familiar sight in Toronto this morning: protesters are once again gathering outside the Annual General Meeting of the world's largest gold mining company to denouce the corporation's human rights and environmental abuses.
|CEDHA offers expert testimony against Barrick Gold in Chilean Tribunals|
April 27th, 2014
On the one year anniversary of the suspension of Pascua Lama due to impacts to glaciers and other water resources, Jorge Daniel Taillant, Director of the Center for Human Rights and Environment (in Argentina) spoke for two hours today before Chile’s Environmental Tribunal to answer questions regarding reports CEDHA has produced to draw attention to Barrick Gold’s Pascua Lama project impacts to hitherto ignored but extremely relevant swaths of land called Periglacial Environments. These frozen hydrological resources help glaciated areas store and regulate water flow to downstream water basins for millions of people.
|Behind Barrick's meltdown in the Atacama desert|
by STEPHANIE NOLEN, Globe and Mail
April 24th, 2014
In Chile today, you could spend a very long time trying to find anyone with a good word to say about Pascua-Lama.
|Barrick offering lands with a thud, shares slide|
by Allison Martell and Euan Rocha, Reuters
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.
|Barrick Chile mine workers set to strike|
October 30th, 2013
* Workers poised to strike after rejecting contract proposal * News of likely stoppage comes day before Barrick results due
|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.
|Chile court rules for Indians against Barrick Gold|
by EVA VERGARA, Associated Press
July 14th, 2013
A Chilean appeals court ruled against the world's largest gold mining company on Monday, favoring Chilean Indians who accuse Barrick Gold Corp. of contaminating their water downstream and creating more doubts about the future of the world's highest gold mine. The judges in the northern city of Copiapo unanimously ruled that Barrick must keep all its environmental promises before moving forward with construction of the Pascua-Lama mine at the very top of Chile's mountainous border with Argentina. They also said Barrick must monitor the condition of three glaciers next to the mine project.
|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.
|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.
|Barrick to lay off 100 at Toronto head office|
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.
|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.
|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.