Chile Halts Construction of Barrick Gold’s Pascua-Lama Mine

After a four-month investigation, Chile’s environmental regulator has halted construction of Barrick Gold’s Pascua-Lama mine. A fine of more than $16 million was imposed on the Canadian company for “serious” and “very serious” environmental violations. The mining project, originally set up to take advantage of the thousands of tons of gold and silver deposits in the region, straddles the Chilean-Argentinian border.   ... →

Vale S.A. : Suspension of a potassium mine project in Argentina

Labor Rights Violation in Argentina

The Brasilian group Vale S.A. heads a multi-billion potassium mine project in Rio Colorado, Argentina, which is planed to start production in 2014. It was notably supported by the Economic Federation of Mendoza (FEM), which is led by the Mendoza Chamber of Mining Entrepreneurs (CARMEN). According to them, such a project will have a positive impact for the region owing to a three-points agreement concluded between Vale and the local authorities of the province of Mendoza.   ... →