Comments on: Chile’s regulator orders permanent closure of Barrick’s Pascua-Lama mine

By: Kent Roche

Kent Roche — Sun, 21 Jan 2018 15:46:16 +0000

This is what happens when you invest in funky fly by night foreign countries! Similar stuff going on in Mongolia! Invest and develop American and Canadian!….well maybe not Canadian…..you have a loon as PM!

By: shoshonite

shoshonite — Sat, 20 Jan 2018 04:06:25 +0000

Sold to the Chinese. Bet that goes well.

By: MiningWatch Canada

MiningWatch Canada — Fri, 19 Jan 2018 15:50:00 +0000

But does Barrick still hold the water rights?

By: Mark

Mark — Fri, 19 Jan 2018 07:46:03 +0000

Pretty sad that Barrick is being subjected to this extortion effort by the Chilean government. I thought Chile was above that banana republic nonsense, but I guess not.

Having said that, there’s no urgency to bring this mine on-stream. Chile may be doing this to increase its royalties down the road, rather than having the resource sold beneath long-term prices.