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Pascua Lama is an open pit mining project of gold silver and copper in the Andes mountains south of Atacama straddling the border between Chile and Argentina at an altitude of over 4 500 metres
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The Pascua Lama mine site straddles the border region of Argentina and Chile called the Cordilera high in the Andes Mountains at elevations ranging from 3 800 to 5 200 meters When complete
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As of April 1 the Environmental Evaluation Service of Atacama a region in northern Chile had imposed a new fine on the Chilean subsidiary of the Toronto based Barrick Gold Corporation for violations at its Pascua Lama facility a giant open pit gold silver and copper mine being built in the Andes at the border between Argentina and Chile The fine on the subsidiary the Compañía Minera
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The Pascua Lama project is located between 4 200 and 5 200 metres 13 779 and 17 060 ft above sea level on the border of Chile and Argentina It is situated in the area of Huasco province in the Atacama Region of Chile and in the San Juan province in Argentina where other large multinational companies already have running mining projects
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Pascua Lama is an open pit mining project of gold silver copper and other minerals Pascua Lama is located in the Andes mountains in the southern reaches of Atacama Desert straddling the border between Chile and Argentina at an altitude of over 4 500 metres Toronto based Barrick Gold the world s largest gold mining company is developing
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5 billion Pascua Lama gold and copper mining project previously ordered to shutter by the country s environmental regulator in 2024 The Andean site along the border between Chile and Argentina was the subject of an extensive legal dispute leading the firm to halt operations before opening due to increased costs and criticisms from
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When completed the Pascua Lama mine will be the largest and one of the lowest cost gold mines worldwide The mine straddles the border between Chile and Argentina at elevations up to 5200m
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Sep 18 2020The original mine plan for Pascua Lama which required a capital outlay in excess of $8 billion contemplated an open pit operation that would have affected three small glaciers on the Chilean
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Jul 14 2022SANTIAGO July 14 Reuters Chile s Supreme Court on Thursday ratified the definitive closure of Canada based Barrick Gold s controversial $ billion Pascua Lama gold and copper
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The project involves open cast mining operations set to decapitate a mountain 4 500 metres above sea level containing 18 million ounces of gold 731 million ounces of silver and 662 million pounds of copper Based on the current price of an ounce of gold it is calculated to contain the equivalent of billion dollars in gold ore alone
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Pascua Lama is a bi national mega gold mining project originally slated to begin extraction in 2024 but which has been delayed due to financial and environmental problems first to 2024 then to 2024 and now indefinitely as Barrick Gold the project owner is unable to secure the finance it needs to launch operations The project is in a sensitive environmental highland mountain area and
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In 2024 Chile s environmental regulator ordered Barrick to close the Chilean side of its Pascua Lama project in the wake of spiralling costs and local and political opposition to the mine However Chile s Supreme Court overturned the decision of the Antofagasta Environmental Court to permanently close the $ project on procedural grounds in March last year
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Barrick Gold says it s intensively exploring for more resources for the Pascua Lama project which straddles the border between Argentina and Chile The company had agreed to close Pascua
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The Defeat of Pascua Lama High in the Andes mountains along the border between Chile and Argentina construction at the Pascua Lama mine is at a standstill Once presented to investors as one of the largest and most valuable gold mining deposits in the world Pascua Lama has become a liability for miner Barrick Gold a cautionary tale for the
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The Pascua Lama project is located between 4 200 and 5 200 metres 13 779 and 17 060 ft above sea level on the border of Chile and Argentina It is situated in the area of Huasco province in the Atacama Region of Chile and in the San Juan province in Argentina where other large multinational companies already have running mining projects
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The deposit is known as the Pascua Lama with the name Pascua from the Chilean side and Lama from the Argentine side Barrick Gold is accused of illegally extracting gold minerals along with outlawed salt and nitrate concessions The accusations include mining gold from Chile while ignoring a provisional Supreme Court measure that prohibits
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Define Pascua Lama or Pascua Lama Project means Barrick s proposed large scale open pit gold and silver mining operation located in San Juan Province Argentina and the Atacama Region of Chile
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Barrick s Pascua Lama project is located 45 kilometers away from the nearest Diaguita settlement making them the company s closest neighbors THIS IS THEIR STORY The history of the Diaguita begins around 1000 when the indigenous group first descended from the Andes mountain range to settle in Chile s valleys
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The Pascua Lama Mining Project is owned by Canadian Barrick Gold and is located in the high mountain area of the Huasco Valley Atacama Region Chile This project is currently suspended due to serious environmental noncompliance but there s an upcoming ruling that could order its reopening
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The Pascua Lama project is designed as a large scale open pit operation centered at an elevation of 4 800 meters with processing facilities having an initial designed throughput capacity of 45 000 tonnes per day Processing Smelting Flotation Counter current decantation CCD Agitated tank VAT leaching Merrill Crowe Cyanide reagent Source
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The Pascua Lama project is located on the border of Chile and Argentina in the Frontera district approximately 10 kilometres from Barrick s Veladero mine The Chilean part of the deposit is at an elevation of approximately 4 300 to 5 250 metres above sea level The Pascua Lama project is entitled to the benefits of cross border mining
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2 1 Context andBackground Pascua Lama is a gold silverandcopper projectof Torontoabased BarrickGold thelargest gold mining company intheworld in terms of gold
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Pascua Lama Project Barrick Gold Corp Pascua Lama is the first bi national Mining Project worldwide and it consists of the development of an open pit gold mine located at more than 13 123 feet high of the border between Chile and Argentina On the Chilean side Pascua is located in Huasco Province Atacama region while on the
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Chile s environmental court confirmed Thursday a final order to close Canadian company Barrick Gold s huge Pascua Lama mining project on hold since 2024 over environmental concerns
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VALLENAR Chile Chile s environmental regulator blocked Barrick Gold Corp s US$ billion Pascua Lama project on Friday and imposed its maximum fine
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The Pascua Lama mining case evinces the errors of self regulation one cannot be held accountable for environmental degradation unless these damages are properly verified by a state entity The lack of independent reviews of corporate ecological reporting processes led to the failure of the state regulator to identify and close EIA loopholes Barrick took advantage of the disjointed regulatory
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Jul 15 2022The Supreme Court of Chile has endorsed the closure of the $ Pascua Lama gold and copper mining project owned by Barrick Gold s Chilean subsidiary Compañía Minera Nevada SpA CMN Located in the Andes Mountains on the Chilean Argentine border the Pascua Lama project had been put on hold since 2024 owing to environmental concerns
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In 2024 the Conga mine a venture of Colorado based Newmont Mining was put on hold following violent protests that killed five people in the northeast Peruvian region of Cajamarca In 2024 Toronto based Barrick Gold s Pascua Lama mine stalled after Chile s Copiapo Court of Appeals suspended construction at the site Both incidents hinged
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The first bi national mining project in the region Pascua Lama is better known as the mine of Latin America Situated some 4 000 meters above sea level in the Andes mountain range smack
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The Observatory is concerned about the possible precedent that could be set by Pascua Lama for other projects under the Mining Treaty in high altitudes of the Andes where the water is born With reporting by Sebastián Lacunza in Buenos Aires Originally published by Latin American newspapers that are part of the Tierramérica network
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