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April 18, 2014
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Barrick Gold sacks 1,500 workers in Pascua Lama

A picture shows works at the Pascua Lama project in the province of San Juan, next to the border with Chile

Mining giant Barrick Gold has announced the layoff of 1,500 workers who had been hired for the company's Pascua Lama project in the province of San Juan. Till the end of December, operations will demand a 5,000-man labor force but starting in January 2014 it will be reduced by 30 percent.

The announcement was made following a meeting between San Juan deptuty governor Sergio Uñac –who is in charge of the local administration after governor José Luis Gioja suffered a helicopter crash in October that forced him to remain hospitalized-, and Barrick Gold chairman John Thorton.

The Canada-based corporation is expected to develop a 450-million dollar investment plan for both its projects in Pascua Lama and Veladero, which have found strong resistance by local communities and environmental activists that denounce the firm of water depletion among other negative impacts of open-pit mining activities.

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Tags:  Barrick Gold  Pascua Lama  San Juan  


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