Pascua Lama shelved again

DESPITE spending around US$5 billion to date, Barrick Gold is putting its troubled Pascua Lama project back on ice after plans for an underground mine at the high-altitude deposit failed to meet the company’s strict profitability criteria.

Pascua Lama shelved again Pascua Lama shelved again Pascua Lama shelved again Pascua Lama shelved again Pascua Lama shelved again

Pascua Lama

The Canadian gold producer will now halt work on a prefeasibility study for the underground option and focus on a closure plan for the remaining surface infrastructure in line with requirements from