Pascua Lama

Goldcorp (NYSE:GG), Yamana (NYSE:AUX), Barrick (NYSE:ABX), Extorre (TSE:XG) and Argentine Glacier Law

The new glacier law in Argentina, which was approved by the Argentine Senate, and which President Cristina Fernandez has said she will sign, has generated some concern for the mining industry, especially gold miners in the country. Fortunately, most of this is posturing and show, as very little in the way of mining will be affected by the law, either now or in the future. Companies with

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Royal Gold (Nasdaq:RGLD) Increases Royalty in Barrick (NYSE:ABX) Project

Royal Gold (Nasdaq:RGLD) (TSE:RGL) announced it has acquired rights to over 1 percent more for net smelter return royalty on the Pascua-Lama project of Barrick Gold (NYSE:ABX) (TSE:ABX) in South America. The acquisition included three separate deals with individuals who held the stakes in the project, which they paid $68 million combined for. Royal paid $40 million upfront for an immediate 0.6

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Barrick (TSE:ABX) Capital Expenditures Target Pueblo Viejo and Pascua-Lama

Barrick (TSE:ABX) (NYSE:ABX) CFO Jamie Sokalsky recently said that the great portion of the capex or capital expenditures will target the Pueblo Viejo project in the Dominican Republic, and the Pascua-Lama project located in Argentina and Chile. The company has said aside $1.7 billion for its capex budget this year, which will cover 100 percent of the financing required at Pueblo Viejo. Of the

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