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9/30/16

Argentina: Well this surprised me

Earlier in the week IKN noted the pending judicial decision on lifting he suspension at Veladero, but assumed the judge would sign off on the papers and he mine could get back to work. Looks like ABX did too, but the reality turns out to be otherwise. Here's Reuters:
A judge in Argentina ruled on Friday to keep Barrick Gold Corp’s operations at Veladero mine suspended, saying repairs were not sufficient to reopen it after a leak of processing solution containing cyanide earlier this month.
State news agency Telam said the judge’s decision was based on a report from mining police in San Juan province that said the Toronto-based company had not installed security cameras and sensors as the local government had required. Continues here.