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Posted by ipso facto @ 16:44 on May 8, 2017  

Sanctions loom for Barrick Gold in Argentina after third cyanide spill in 18 months, judge says

SAN JUAN, Argentina — Barrick Gold Corp failed to complete improvements to the Veladero mine in Argentina that could have prevented the third spill of cyanide solution in 18 months, leading to eventual sanctions for the world’s biggest gold miner, a judge told Reuters.

Barrick appears to have missed deadlines on three orders from local authorities, including replacing pipes, before the March 28 spill, said Pablo Oritja, the judge overseeing cases related to Veladero in the nearby town of Jachal, where “Barrick out” graffiti lines the streets.

“If they had changed pipes as ordered, the decoupling (of pipes) would not have occurred,” Oritja told Reuters on Friday, the day after meeting the head of the mining police in western Argentina’s San Juan province, where Veladero and Jachal are located.

cont. http://business.financialpost.com/news/mining/sanctions-loom-for-barrick-gold-in-argentina-after-third-cyanide-spill-in-18-months-judge-says

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.