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Barrick Mining Corporation

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2022

    EMX subsidiary settles royalty-payment litigation with Barrick

    Settlement

    EMX announced that its subsidiary Bullion Monarch Mining reached a settlement with Barrick and its affiliates over Bullion's claim that royalties on production from properties in Nevada's Carlin trend had not been paid. Barrick will pay Bullion US$25 million under the settlement.

    Source excerpt

    • Pursuant to the settlement, Barrick will pay Bullion US$ 25 million, of which US$ 6.175 million is owed as payment of the contingency fee to Bullion's Reno, Nevada lawyers.
    • EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company", or "EMX") is pleased to announce that its wholly-owned subsidiary, Bullion Monarch Mining, Inc., ("Bullion") has reached a settlement with Barrick Gold Corporation ("Barrick") and Barrick affiliates and subsidiaries ("Barrick Entities") with respect to Bullion's claim of non-payment of royalties by the Barrick Entities to Bullion on production from properties in the Carlin trend, Nevada.
    • February 18, 2022
    Source

  2. 2017

    Further Veladero pipeline incident

    A subsequent incident at Veladero intensified scrutiny of Barrick's environmental management and led Argentine authorities to order a temporary suspension while the company implemented corrective measures.

    Source

  3. 2015

    Veladero cyanide solution spill

    A failure involving a solution pipeline at the Veladero mine released cyanide-bearing process solution into waterways. The incident prompted government investigations, legal and regulatory action, operational restrictions and demands for stronger monitoring and controls.

    Source

  4. 2013

    Pascua-Lama environmental and regulatory dispute

    Pascua-Lama faced sustained opposition and regulatory action related to water management, glaciers, environmental compliance and construction conditions on the Chile-Argentina border. Construction was suspended, and Chilean authorities later ordered permanent closure of the Chilean portion.

    Source