Latin America
Related: About this forumChile blocks Barrick Gold mining project
Chile blocks Barrick Gold mining project
Diaguita Indians celebrate victory in seeing mining giant Barrick Gold Corporation fined for environmental violation.
Chile's environmental regulator has blocked Canada-based Barrick Gold Corporation's multi-billion dollar mining project and imposed its maximum fine, citing "serious" environmental violations.
After a four-month investigation, Chile's Environmental Superintendent said on Friday that all construction work on the Pascua-Lama mine must stop until Barrick builds the systems it promised to put in place for containing contaminated water.
Chile's government also imposed a fine of eight billion pesos ($16.36m), the highest possible under Chilean law.
The violations include: Failing to build structures to contain contaminated water before mine construction began, failing to keep the agency informed about problems and changes, and failing to provide data sought by inspectors.
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The sanctions don't mean the end of the Pascua-Lama mining project.
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http://www.aljazeera.com/news/americas/2013/05/201352516148473596.html
Socialistlemur
(770 posts)Barrick Gold is considered an unethical environmental polluter. It's important for ethical investors to ensure they do not invest in Mutual Funds invested in their shares. Here's a reference to support this recommendation
http://www.regjeringen.no/upload/FIN/etikk/recommendation_barrick.pdf
Judi Lynn
(160,601 posts)which seized control of Bolivia's water and through its subsidiary raised the price for water far higher than the majority of Bolivian people could afford to pay, then forbade them to try to collect rainwater, triggering the Cochabamba water riots, for which the Bolivian perverted fascist US-supported and enabled racist President Hugo Banzer brought out snipers to start picking off the protesters themselves,
George H. W. Bush ALSO is connected to Barrick Gold. He appears to have complete contempt for native people, I'd say:
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POPPYS MIDAS TOUCH
You may not know this, but one sick Poppy is also mining man. Yes Indeedy.
At the end of the George H.W. Bush presidency, the Interior Department enabled Barrick Gold to secure the approval of a massive gold mining claim on Western Shoshone lands. The claim was for an estimated $10 billion in gold within the area of the Treaty of Ruby Valley. Because of the 1872 Mining Act, Barrick paid less than $10,000 for the claim, just about $5.00 an acre.
Then, in May 1995, Barrick Gold Corporation announced a new international advisory board under the leadership of George H.W. Bush. The former president became Barricks chief lobbyist, a Barrick shareholder, and honorary senior advisor to the corporations international board.
http://my.firedoglake.com/iflizwerequeen/tag/barrick-gold-mining/
Catherina
(35,568 posts)and no lie is too low to get their hands on them.