Barrick Gold Fined $16M For Enviromental Problems At $5B Pascua Lama Project In Chile

More bad news for some embattled gold miners.  On Friday, Barrick Gold was halted around noon in New York as reports surfaced indicating the Chilean government had forced the company to “paralyze” its operations in Pascua Lama, one of the largest gold and silver resources in the world into which Barrick has poured nearly $5 billion in.  Silver Wheaton, a joint-venture partner in the project, was halted a few minutes later.

http://www.forbes.com/sites/afontevecchia/2013/05/24/chilean-government-fines-barrick-16m-for-environmental-damage-in-pascua-lima-mine-stock-halted/