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10/5/12

Barrick (ABX) at Pascua Lama are liars

Barrick (ABX) has repeatedly claimed that its work at the Pascua Lama gold project on the Chile/Argentina border does not affect the nearby glaciers. For example, this is how Barrick's Vice-President of Corporate Affairs for South America, Rodrgio Jimenez Castellanos, explained the situation after a recent court ruling on Argentina's so-called "glacier law" on July 3rd:
"We are in the process of evaluating the text (ruling). However, it's important to highlight that our activities are not carried out on glaciers and that Barrick complies with all environmental permits, including the provincial legislation for the protestion of glaciers."

That's just one of many (peruse this EngLang Google search return at your leisure, oodles to choose from) that have ABX saying the same thing all the time; Pascua Lama doesn't affect the local glaciers.


Here's a photo from Pascua Lama this week:


So ABX is a bunch of liars about Pascua Lama. Now you just need to decide if you care.