News Articles : Displaying 21-40 of 137
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 protestbarrick.net 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. |
New Report! "Debunking Barrick" by multiple authors, ProtestBarrick 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 a�o 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 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 HENAO, Associated 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 MARCHANT, 24 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. |
Conflicts surrounding Canadian mines �a serious problem� by Catherine Solyom, Montreal 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 Jamasmie, Mining.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 SOLYOM, Montreal 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. |
More than just costs are a concern at Barrick Gold�s $8.5B Pascua-Lama megamine by Catherine Solyom, Postmedia News December 14th, 2012 what happens up here in Pascua-Lama, where Canadian mining giant Barrick Gold is developing the first open-pit gold mine to straddle two countries, will have a huge impact on the people living in the valleys below on both sides of the border � for better or for worse. |
New legal action against Barrick over Pascua Lama protocol http://www.miningweekly.com/article/new-legal-action-against-barrick-over-pascua-lama-protocol-2012-12-13 December 13th, 2012 A Chilean lawyer has filed legal action to force the world�s largest gold producer Barrick Gold executives to appear in a Canadian court to respond to accusations that the company falsified information included in the Pascua Lama protocol between Argentina and Chile in 2004, for the development of the Pascua Lama gold mine. |
Barrick to inject $2 billion to Pascua-Lama in 2013 by Cecilia Jamasmie, Mining.com November 28th, 2012 In early October, a Chilean appeals court accepted to consider a request for an injunction against the company and its project, filed by a group of northern natives in conjunction with the local government�s environmental evaluation committee. |
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. |