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Article

17 Sep 2013

Author:
Maricar Cinco, Inquirer (Philippines)

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

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…