https://www.miningweekly.com
Copper|Gold|Mining|PROJECT|Water|Environmental|Operations
Copper|Gold|Mining|PROJECT|Water|Environmental|Operations
copper|gold|mining|project|water|environmental|operations

Chile top court ratifies closure of Canadian-owned Pascua Lama mining project

15th July 2022

By: Reuters

  

Font size: - +

SANTIAGO - Chile's Supreme Court on Thursday ratified the definitive closure of Canada-based Barrick Gold's controversial $8.5-billion Pascua Lama gold and copper mining project, previously ordered to shutter by the country's environmental regulator in 2018.

The Andean site along the border between Chile and Argentina was the subject of an extensive legal dispute, leading the firm to halt operations before opening due to increased costs and criticisms from shareholders.

The court upheld the three charges from the environmental regulator, despite Barrick's allegations the regulator had acted outside of its powers, it said in its ruling.

The country's environmental regulator had said the project damaged native flora and fauna, did not fully monitor melting rates of nearby glaciers and dumped acidic waters into a local river.

Barrick appealed the 2018 ruling, though in 2020 an environmental court affirmed the decision, which included a fine of more than seven-billion pesos ($6.72-million).

Environmental organizations and local communities had strongly opposed the project, located in Chile's Atacama region, on the grounds that it reduced the availability of water in the area and impacted nearby glaciers.

Edited by Reuters

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Platinum, diamonds, hydrogen make headlines
Platinum, diamonds, hydrogen make headlines
19th July 2024
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:5.626 5.705s - 146pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: