Court Halts Barrick's $8.5B Chilean Gold Mine Project

Law360, New York (April 10, 2013, 4:53 PM EDT) -- A Chilean appeals court has suspended Barrick Gold Corp.'s construction of an $8.5 billion gold and silver mine in Pascua Lama, Chile, in response to complaints from indigenous residents about its environmental effect, according to a local news source Wednesday.

Radio Cooperativa reported that the appeals court of the northern Chilean city of Copiapo had issued an injunction halting work at the mine after the country's water ministry submitted evidence of high concentrations of arsenic, aluminum, copper in sulfates in the groundwater.

The water ministry's findings...
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