CAPITAL MARKETS

Barrick cops the heat of a $16M fine

BARRICK Gold has been fined $US16 million ($A16.5 million) by Chile’s Superintendence of the Environment and ordered to complete the water management system at the $8.5 billion Pascua-Lama project before it can resume construction.

Kristie Batten
Barrick cops the heat of a $16M fine

The massive Pascua-Lama development lies on the border of Chile and Argentina, but last month construction on the Chilean side had to be suspended after a court injunction was filed over environmental...

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