Project plagued by soaring costs, public opposition
Reuters
A Chilean court has suspended the construction of Barrick Gold Corp’s $8.5 billion Pascua-Lama gold and silver mine after indigenous communities said the project was destroying glaciers and harming water supply.
The northern appeals court of Copiapo will analyze the communities’ complaints of “environmental irregularities” against Barrick’s project, which is already plagued by soaring costs and stiff opposition from environmental groups.