In addition to cutting costs — in a year in which the price of gold
has fallen 19% — the call to suspend operations at the mine will
allegedly provide Barrick Gold with a chance to expand their water
management system in compliance with the national environmental
standards they have been accused of neglecting.
Greenpeace Chile responded instantly to the announcement, describing
the suspension as a “strategic decision” aimed at easing investors’
concerns over a series of court battles which forced a suspension on
construction on the project until it meets environmental standards.
“The announced suspension is no more than a strategic decision
designed to give Barrick the appearance of a responsible company, while
buying it time to search for backdoors which would allow it to continue
going forward,” said Samuel Leiva, campaign coordinator of Greenpeace
Chile.
http://en.mercopress.com/2013/11/06/pinera-joins-the-pascua-lama-gold-mine-project-fray-and-points-to-barrick-gold
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