— Barrick's Veladero mine has been in operation since 2005, and produced 92,000 ounces of gold for the company in the first quarter of 2022, ... It also established a trust fund, financed by 1.5 per cent of the Veladero gold mine's sales, which is estimated to amount to US$138 million, for community development projects. ...
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Barrick Gold's (TSX:ABX) (NYSE:GOLD) CEO, Mark Bristow, announced this weekend that the company is planning to invest $34 million in its Veladero operation in western Argentina with the idea of...
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— The mine, which uses heap leach processing in which ore is piled on a concrete pad and rinsed with cyanide to extract gold and silver, was linked to three spills and Barrick paid millions of dollars in fines.
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— Barrick Gold (TSE:ABX, NYSE:GOLD) on Thursday reported a nearly 5% rise in third-quarter gold production from the previous three months, as output jumped at its Veladero mine in Argentina.
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— Canadian gold mining company Barrick Gold has announced its decision to extended the operational life of the Veladero gold mine in San Juan Province, Argentina located in the highly prospective Frontera District, to at least 10 years.
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— A drilling rig at Barrick Gold's Veladero Mine, in San Juan province, Argentina. The mine, which has had several toxic spills over the past decade, is located in a periglacial area, which is a violation of the country's law on preserving glaciers and periglacial environments. Photo by GRITTA, Antonio / Wikimedia Commons.
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— Barrick Gold completes sale of 50% stake in Veladero mine for $960m. Canadian miner Barrick Gold has completed the sale of a 50% interest in the Veladero mine in San Juan province, Argentina, to Shandong Gold Mining for $960m. ... Veladero mine produced 544,000oz of gold last year, while proven and probable mineral reserves as of …
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— China's Shandong Gold Mining Co Ltd <600547.SS> will pay $960 million for a 50 percent stake in Barrick Gold Corp's Veladero gold mine in Argentina, the Canadian miner said in a ...
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— 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 ...
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In 2018, Barrick's share of Veladero's production was 278,000 ounces of gold while for 2019, the Canadian company expects to produce between 230,000 and 250,000 ounces of the yellow metal.
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— San Juan, Argentina – The life of the Veladero gold mine in Argentina has been extended to at least 10 years following a comprehensive review of its strategy and business plan, Barrick president and chief executive officer Mark Bristow said today.
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Our commitment to responsible mining and transparent communication. Barrick prides itself on being a good neighbour and the intended expansion of the Pueblo Viejo operation would increase the life of the mine for approximately 20 years and with it jobs, state revenues and exports, local business support and community infrastructure, providing long term value …
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— Barrick Gold Corp's troubled Veladero mine could be up and running again as early as June, a government official told reuters. The Veladero mine, which is situated in the San Juan province of Argentina, will look to reopen with a strategic improvement plan in place following its third cyanide spill in as little as 18 months.
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— Canada-based Barrick Gold has completed the Phase 6 construction of a heap leach facility at the Veladero gold-silver mine in Argentina, the company said in a statement. The facility will create 640 local jobs, CEO Mark Bristow said, and Barrick will focus on recruiting women.
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— Timeline of spills and resistance at Barrick Gold's Veladero mine in Argentina . The following timeline was developed in collaboration with the Asamblea Jáchal No Se Toca, Earthworks, and MiningWatch Canada.. The Veladero mine is a large industrial gold and silver mine in northwestern Argentina, operated by Minera Argentina …
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— Barrick Gold Corp.'s gold, silver and copper mines in Argentina's Andes mountains in Veladero, San Juan. Letters were also sent to Shandong Gold, which purchased a 50 per cent stake in the mine in 2017 for US$960 million, to the Chinese government, and to the joint venture company, Minera Argentina Gold SRL, that …
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— Barrick was forced to shutter Pascua in Chile in September 2020. Veladero is a 50/50 joint venture between Barrick and Shandong Gold. The mine is forecast to produce between 130,000 and 150,000 ounces of gold. The mine has 3.1 million ounces of measured and inferred ounces of gold.
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— Barrick Gold (TSX: ABX; ... adding that the miner was investing $75 million to explore the feasibility of a "Lama-Veladero complex." ... It said it would be financed by 1.5% of the mine gold ...
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— Canada's Barrick Gold's (TSX, NYSE:ABX), the world's producer of the precious metal by value, has confirmed it's selling a 50% stake in its Veladero mine in Argentina to Shandong Gold ...
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Barrick Gold Corporation – Veladero Mine, Project #2899 Technical Report NI 43-101 – March 19, 2018 Page i FORWARD-LOOKING INFORMATION This report contains forward-looking statements. All statements, other than statements of historical fact regarding Barrick Gold Corporation (Barrick), Shandong Gold Mining Co., Ltd. (Shandong Gold) or the
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Mine Type Open Pit; Status: Active: Commodities: Gold; Silver; Mining Method: Truck & Shovel / Loader; Production Start: 2005: Mine Life: 2033: Snapshot: At Veladero mine construction of Phase 7A of the leach pad expansion was successfully completed while construction of Phase 7B started during the third quarter of 2023 and is scheduled for …
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— The fund will be financed by 1.5% of the Veladero gold mine's sales, which is estimated to amount to $138 million 1,2 during the current life of the mine which extends beyond 2030. Development projects will be decided upon jointly by the mine's communities, the government and Barrick.
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Barrick is committed to conducting business in accordance with the highest ethical standards, and you will be required to understand and comply with Barrick's Code of Business Conduct and Ethics, Anti-Fraud Policy, Human Rights Policy, Anti-Bribery and Anti-Corruption Policy, Insider Trading Policy and all other company policies applicable …
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TORONTO, March 30, 2017 — Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or the "Company") today reported that the Government of San Juan province, Argentina, has temporarily restricted the addition of cyanide to the Veladero mine's heap leach facility pending the verification that remedial works have been completed. The Company is …
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— Barrick Gold Corp.'s gold, silver and copper mines in Argentina's Andes mountains in Veladero, San Juan. Photo by Diego Levy/Bloomberg News files Letters were also sent to Shandong Gold, which purchased a 50 per cent stake in the mine in 2017 for US$960 million, to the Chinese government, and to the joint venture company, Minera …
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— While Barrick admits two other incidents occurred involving Veladero's VLF, in 2016 and 2017, the company insists they did not result in an out-of-containment leak. An NGO from the nearby local town Jáchal, named Asamblea de Jáchal No Se Toca ("Hands off of Jáchal"), claims there have been five spills of toxic substances from the Veladero ...
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— Barrick said it was giving updates on the March incident to its new Veladero partner, Shandong Gold Mining Co, which last week agreed to buy a 50 percent stake in the mine for $960 million.
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— Contact Marcelo Álvarez Executive Director of Government Relations South America +11 3188 9957. About Veladero. Veladero is a 50/50 joint venture between Barrick and Shandong Gold, located in the ...
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