NewsWhore
09-02-2011, 05:30 PM
Manuel Bonilla, president of Barrick Pueblo Viejo has announced that when the gold mine begins exports, the country will move from being a tourism-based and farm produce exporter to being a mining nation. He warned that conservation measures needed to be exercised in such a way that these activities could coexist with mining, as reported in El Dia. Bonilla said that the mining company should be ready to begin extraction operations in mid 2012.
During the presentation, Bonilla said that the mining operation involved more than US$3 billion in investment and the creation of 11,000 direct jobs.
Bonilla was speaking during a presentation sponsored by the Commonwealth Roundtable.
Also speaking at the event, mining director Octavio Lopez said that Barrick expects to extract five million ounces of gold in the next five years.
Barrick Gold will be using cyanide processes that are known to impact communities landscapes and leave behind massive environmental problems and liabilities. Due to the highly poisonous nature of cyanide, the process and use of the substance has now been banned in a number of countries.
More... (http://www.dr1.com/index.html#5)
During the presentation, Bonilla said that the mining operation involved more than US$3 billion in investment and the creation of 11,000 direct jobs.
Bonilla was speaking during a presentation sponsored by the Commonwealth Roundtable.
Also speaking at the event, mining director Octavio Lopez said that Barrick expects to extract five million ounces of gold in the next five years.
Barrick Gold will be using cyanide processes that are known to impact communities landscapes and leave behind massive environmental problems and liabilities. Due to the highly poisonous nature of cyanide, the process and use of the substance has now been banned in a number of countries.
More... (http://www.dr1.com/index.html#5)