10 April 2013

CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.


      A Chilean court has suspended all operations at Barrick Gold's Pascua Lama mine.
     The court sided with local indigena people...who claim the mine threatens water supplies...pollutes glaciers.
     Barrick believes the mine holds nearly 18 million ounces of gold...but its start has been pushed back again...to mid-2014.
     Barrick Gold's stock plunged 6.3% on the news.
http://www.cbc.ca/news/business/story/2013/04/10/chile-court-barrick-gold-mine.html