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More than just costs are a concern at Barrick Gold's (ABX) $8.5B Pascua-Lama mega-mine,...

More than just costs are a concern at Barrick Gold's (ABX) $8.5B Pascua-Lama mega-mine, Catherine Solyom writes; once the mine opens in 2014 and produces 850K oz./year of gold, ABX will be entitled to take as much as 33M liters/day of water to keep production flowing. If problems with water scarcity already are affecting agriculture in the area, what will it be like when the mine opens?
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Comments (3)
  • TDWelander
    , contributor
    Comments (639) | Send Message
     
    Desalination plants have been built all over the planet for at least the last 50 years; usually higher priced compared to purified well water but most certainly doable. So water is not a problem anywhere. Get real.
    17 Dec 2012, 03:30 PM Reply Like
  • nScout
    , contributor
    Comments (193) | Send Message
     
    Beware of rumors. Just go to ABX's website and see for yourself:
    http://bit.ly/UHrwNz
    18 Dec 2012, 09:12 AM Reply Like
  • TDWelander
    , contributor
    Comments (639) | Send Message
     
    If you listened to Chairman Munk at the last annual stock holders meeting, you know Barrick has always looked after the local population. It is safe to say the local population has ended up better off everywhere Barrick has a mine, 27 locations is my understanding. The rest of the questions listed at the Barrick web site prove how engaged Barrick is.

     

    Over half the questions are erroneous and not related to the Pascua Lama project but deserve an answer in any case to pacify any kind of concerns.

     

    Remember, there are 1200 volcanoes on the planet causing 99% plus of the toxic emissions. Almost nothing humanity does is of any consequence. It is critical to pass this fact everywhere to stop the nit picking and obstructions of humanities projects; which make many, many people much better off.
    19 Dec 2012, 11:33 AM Reply Like
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