Firm offers Marinduque $20M for PH’s worst mining disaster [Philippines]

Author: Maricar Cinco, Inquirer (Philippines), Published on: 17 September 2013

After nearly a decade of battling it out in a United States state court, the province of Marinduque has come close to signing a deal worth $20 million with the mining company that bought the firm being held responsible for unleashing toxic wastes into Marinduque’s Boac River in a case considered to be the country’s worst mining disaster…Barrick is the global gold-mining firm that purchased Placer Dome Inc., the former parent company of Marcopper Mining Corp. that shut down operations following the mine tailing spill…

Read the full post here

Related companies: Barrick Gold Placer Dome (part of Barrick Gold)