CHILEAN COURT RULES FOR GOLD MINE IN GLACIER PROTECTION SUIT

03/30/2015

Chile's Environmental Court ruled in favor of the Barrick Gold Corporation on March 23 in a case emblematic of the country's political debate over glacier protection. Local farmers and environmental organizations claimed the company's Pascua-Lama gold and silver mining project is harming three glaciers and their associated watersheds. The Santiago court determined that Barrick has not harmed glaciers within its "area of influence." The Pascua-Lama project has been on hold ever since low gold prices and political and regulatory hurdles sidelined it in October of 2013. Despite Barrick's legal victory, mining operations could face more opposition to activity in glaciated areas. In early March, legislators indicated they had widespread support for a new law that would protect about 80% of the country's glaciers.Ā For the full story, see http://uk.reuters.com/article/2015/03/23/us-barrickgold-chile-glacier-idUKKBN0MJ25220150323. Earlier: http://uk.reuters.com/article/2015/03/05/us-chile-glacier-idUKKBN0M11VY20150305.