Ms. Susan Muir reports
PROCESSING RESTRICTIONS AT VELADERO LIFTED
Restrictions on processing activities at Barrick Gold Corp.'s Veladero mine in San Juan province, Argentina, have been lifted.
A local court previously restricted the addition of new reagents to the mine's heap-leach circuit following the failure of a valve on a pipe carrying cyanide solution at the leach pad, which led to a release of solution.
The safety of people and the environment has been the company's top priority since the faulty valve was detected. Barrick immediately implemented a comprehensive downstream water-monitoring program. This monitoring, as well as testing results from an independent third party laboratory, has confirmed that there are no risks to the health of downstream communities as a result of this incident. These findings are consistent with independent water-testing results released by other third parties in San Juan province, including the Public Health Department and the state water distribution company.
A series of additional preventative measures and controls have been implemented at the leach pad to ensure it is safe to resume full operations. An investigation into the root causes of this incident remains under way.
Barrick does not anticipate any material impact to production at Veladero as a result of this incident.
We seek Safe Harbor.
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