Economic Development |
| Barrick AGM statement by Jethro Tulin, Executive officer of Porgera Alliance and Akali Tange Association by Jethro Tulin, Porgera Alliance, Akali Tange Association April 28th, 2015 |
| VIDEO: an inside look at Barrick's Porgera Mine in Papua New Guinea This film originally appeared on French Television and offers an inside look on the ground at Barrick's Porgera Mine in Papua New Guinea. |
| PUBLIC DECLARATION FROM THE DIRECTORS OF THE AGRICULTURAL COMMUNITY DIAGUITAS HUASCOALTINOS by Sergio Campusano Villches, President, Diaguita Huascoaltinos Indigenous and Agricultural Community May 31st, 2014 In light of news of a potential negotiated agreement that would put an end to the social and environmental conflicts generated by the Pascua Lama project in the ancestral territory of the Agricultural Community of Diaguitas Huascoaltinos, we declare that this only deepens the relationship of confrontation that Barrick Gold has imposed in its relationship with the Community that owns the communal property of Diaguita. |
| Confidential Witness reports related to class action against Barrick Gold by compiled by Sakura Saunders (with protestbarrick.net), filer: Labaton Sucharow August 3rd, 2013 The following is excerpts from court documents filed by Labaton Sucharow LLP on August 2, 2013 in the U.S. District Court for the Southern District of New York. These documents were related to a class action lawsuit filed on behalf of persons or entities who purchased the publicly-traded common stock of Barrick Gold Corporation on the New York Stock Exchange between May 7, 2009 and May 23, 2013. The excerpts focus on information related to the testimony of former employees of Barrick Gold acting as confidential witnesses (CW1 - CW5) in the case. |
| Gold mines collapse the Guardian (Tanzania) July 21st, 2013 After years of super profits, Tanzania�s gold mining sector is facing a serious crisis as gold prices tumble down this week from a record $1900 to $1,277 per ounce at the beginning of this year. As production costs at the African Barrick Gold (ABG) and Geita Gold Mine (GGM) remain high, the gold mining industry which enjoyed a boom from 2006 is now at the crossroads. Already, potential investors have shelved any plans of developing new mines following price falls at the global market. |
| Third extractive industry report points finger at gold mining companies: Barrick doesn't "Pay a dime" in corporate tax by FINNIGAN WA SIMBEYE, Tanzania Daily News July 9th, 2013 In fact, Barrick which is the world's largest gold miner and the largest gold miner in the country with four mines, including Buzwagi whose controversial signing in 2007, may close down three of its mines without paying a dime in corporate tax. |
| Blows to Barrick: Barrick's stocks tumble as costs rise July 5th, 2013 In recent months, Barrick's share price have continuously tumbled to its current price of under $15/share, down from over $40/share last October. While there are many factors that have contributed to this sudden fall, much of it can be attributed to bad management, high debt, and fraudulent activity on the part of Barrick Gold. |
| Barrick's Pascua-Lama Should Be Shelved: Pollitt & Co. by Kitco, Forbes July 4th, 2013 Barrick Gold disclosed Friday that it would take a $5.5 billion impairment charge on its Pascua-Lama project, located along the border of Chile and Argentina, fueling talks of the need to shelve the project. |
| Shifting Prospects 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 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. |
| US$96M fine ratchets Dominican Republic-Barrick Gold showdown Dominican Today May 1st, 2013 The Dominican Government on Wednesday halted another precious metal shipment by Barrick Gold, just hours after offering the Canadian based minor a �final deal� to amend the contract for the mine at Pueblo Viejo. |
| 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) |
 | 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. |
| Dominicans Protest Against Canadian Miner Barrick Gold Latin American Herald Tribune April 22nd, 2013 Dozens of people marched Thursday in this northern Dominican city against Canadian miner Barrick Gold, which is developing the massive Pueblo Viejo gold mine in the Caribbean nation. |
| 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. |
| 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. |
| 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. |
