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Wednesday, August 1, 2012

Argentina: gold mine problems spook Barrick investors

Sokalsky suggested that the "external factors" were labor issues and Argentina's inflation rate, but he was obviously also referring to opposition by residents and environmentalists in Argentina and Chile and to a July 3 ruling by the Argentine Supreme Court of Justice leaving in effect a law to protect glaciers. "There's no way Pascua Lama can operate under this law," Gonzalo Strano, who leads Greenpeace-Argentina's glaciers protection campaign, told the Associated Press, "because it's clearly occupying a peri-glacial area, in the presence of glaciers."

One source of environmental damage from the mine, according to Strano, would be the disposal of toxic wastes in a containment pond covering about 400 hectares on the Argentine side of the border
http://www.ww4report.com/node/11305

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