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Description: Chile files serious violations against Toronto-based Barrick Gold Corporation (world’s largest gold miner) dealing a blow to their Pascua-Lama mine project. The Pascua-Lama mine is believed to house nearly 18 million ounces of gold reserves.

Source: The Globe and Mail

Date: May 24 2013

Text link:  http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chile-freezes-barricks-pascua-lama-orders-urgent-measures/article12129034/

Questions for Discussion:

  1. What are some of the violations imposed against Barrick Gold?
  2. Shouldn’t a leading Canadian corporation set higher standards in international markets?
  3. Should Barrick consider delaying the project due to the consistent fall in the price of gold?

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