Barrick's troubles mount at Pascua Lama

Barrick is a Canadian company in which there is major British investment (see http://moneytometal.org/index.php?title=Special%3ASearch&search=Barrick&go=Go). Barrick’s Pascua Lama could wind up costing US$10bn, analyst says Canadian Barrick Gold’s Pascua Lama project…

African mining laws struggle towards transparency

…same time as guaranteeing fair deals for host nations is struggling to achieve its aims, information released last week suggests. (Mentions Rio Tinto, AngloGold Ashanti, African Barrick Gold) See http://www.indmin.com/Article/3218283/African-mining-laws-struggle-towards-transparency.html?ArticleID=3218283….

Barrick's Pascua-Lama gold project frozen for at least 1-2 years: Chile regulator

…Reuters last Thursday. See http://www.reuters.com/article/2013/05/31/us-chile-pascualama-regulator-idUSBRE94T14X20130531. See also: Chilean President gives Barrick Gold its Pascua-Lama fix-it orders http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chilean-president-gives-barrick-gold-its-pascua-lama-fix-it-orders/article12278738/ Barrick delays US$8.5bn Pascua Lama to post 2014, expects further capex hike http://www.bnamericas.com/news/mining/barrick-delays-us85bn-pascua-lama-to-post-2014-expects-further-capex-hike…