13:53:11 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Barrick Gold Corp
Symbol ABX
Shares Issued 1,166,577,478
Close 2018-03-02 C$ 14.88
Market Cap C$ 17,358,672,873
Recent Sedar Documents

Globe says Barrick remains poster boy for MiningWatch

2018-03-05 08:33 ET - In the News

The Globe and Mail reports in its Saturday edition that in Canada alone, there are between 150 and 200 mines in operation. The Globe's Guy Dixon writes that then there is MiningWatch Canada, which is devoted to covering thousands of Canadian mining interests domestically and worldwide. It has a staff of five. "I think things are shifting," said Dana Sasarean, lead mining analyst in Toronto at Sustainalytics, a firm which analyzes sustainability and other ethical risks of companies. "[There's] social media and the fact that there are so many better ways for communities to share concerns and to blow the whistle." This limited oversight means that the biggest mining controversies get the most attention. Chile's ruling that Barrick Gold must shut the above-ground plans for its huge Pascua-Lama gold and silver mine in the Andes was prompted by strong local opposition. The project has received criticism from local groups concerned with the threat of pollution to water and glaciers in the high, arid terrain. "The rhetoric of what they need to do on the ground to address that is changing. There are new ways of engaging with the communities, listening to the communities. Not going it alone," Ms. Sasarean said.

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