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Barrick shelves Pascua Lama again

Barrick Gold Corp is putting its troubled Pascua Lama project back on ice after plans for an underground mine at the high-altitude deposit failed to meet the company’s strict profitability criteria.

Tom Azzopardi in Santiago
Barrick shelves Pascua Lama again

The Canadian gold producer will now halt work on a pre-feasibility study for the underground option and focus on a closure plan for the remaining surface infrastructure in line with requirements from Chilean...

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