Monday, March 18, 2019

Barrick’s Pascua-Lama receives court ruling

Chile’s Supreme Court has ruled in favour of Barrick Gold (TSX:ABX), revoking the permanent closure of the Canadian miner’s Pascua-Lama gold-silver project. The world’s largest gold miner, which completed its merger with Randgold at the beginning of the year, said the March 14 ruling overturned the Antofagasta Environmental Court’s order, issued late last year.

Mark Bristow said the verdict was not helpful because it had only delayed a decision on the future of the Pascua-Lama project.