Chile blocks Pascua-Lama mine, fines Barrick for environmental violations

[Eugene]

Source: Associated Press

Chile blocks Pascua-Lama mine, fines Barrick for environmental violations

LUIS ANDRES HENAO
VALLENAR, Chile — The Associated Press
Published Friday, May. 24 2013, 12:24 PM EDT
Last updated Friday, May. 24 2013, 12:38 PM EDT

Chile’s environmental regulator has stopped construction and imposed sanctions on Barrick Gold Corp.’s $8.5-billion Pascua-Lama project, citing “serious violations” of its environmental permit.

The $16-million fine is the maximum allowable under Chilean law. It was applied Friday because the world’s largest gold mining company acknowledged that it failed to keep its promises to build systems for containing contaminated water.

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chile-blocks-pascua-lama-mine-fines-barrick-for-environmental-violations/article12129034/

[hatrack]

1. Good! Too bad the $16 million is such a piddling amount, but . . . .

I guess you have to take the short-term wins you can.

[bahrbearian]

2. Poppy Bush owns alot of Barrick

http://www.afrocentricnews.com/html/bush_gang.html