23:58:21 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Barrick Gold Corp
Symbol ABX
Shares Issued 1,778,083,071
Close 2020-10-28 C$ 34.46
Market Cap C$ 61,272,742,627
Recent Sedar Documents

Globe says Nevsun settles case alleging abuses

2020-10-29 08:29 ET - In the News

See In the News (C-NSU) Nevsun Resources Ltd

The Globe and Mail reports in its Thursday, Oct. 29, edition that Nevsun Resources has reached a settlement with a trio of Eritrean workers who had sued the company for alleged human-rights abuses during the construction of a mine in the country. The Globe's Niall McGee writes that the development comes in the wake of a Supreme Court of Canada ruling earlier this year that Nevsun could be sued in Canada for alleged infractions abroad. In 2014, Gize Yebeyo Araya, Kesete Tekle Fshazion and Mihretab Yemane Tekle sued Nevsun in the Supreme Court of British Columbia. The plaintiffs alleged that they were subjected to forced labour, slavery and torture during the construction of Nevsun's Bisha copper and gold mine in Eritrea between 2008 and 2011. The Nevsun case underscores the new reality of Canadian companies facing added accountability when operating internationally. Many of Canada's biggest mining companies, including Barrick Gold, Teck Resources, Kinross Gold and First Quantum Minerals, have extensive operations overseas. Law professor Elizabeth Steyn says these companies should "put in place all of the necessary due diligence and that they do the necessary human-impact assessments."

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