Barrick takes a second look at Pascua Lama

Barrick Gold (TSX: ABX: NYSE:ABX) has hired one of its former executives and a seasoned mine builder to evaluate options for a more […]

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Barrick Gold (TSX: ABX: NYSE:ABX) has hired one of its former executives and a seasoned mine builder to evaluate options for a more modest, scalable starter project that could be built underground on the Argentina side of the company’s failed Pascua Lama project. George Bee spent 16 years of his career at Barrick during which time he helped develop the company’s Goldstrike mine in the United States through its various phases, completed the construction of the Pierina mine in north-central Peru, and led the team that developed the Veladero mine in Argentina. … As Barrick’s new senior VP for Lama, Bee’s immediate focus will be to evaluate and possibly advance an underground starter project option at the mothballed project – a plan that has been evaluated for some time now. Read the entire story at www.NorthernMiner.com/news/barick

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