Loading ...Chile’s Supreme Court has ruled in favour of Barrick Gold (TSX:ABX) (NYSE:GOLD), revoking the permanent closure of the Canadian miner’s Pascua-Lama gold-silver project.
The world’s largest gold miner, which completed its merger with Randgold at the beginning of the year, said the March 14 ruling overturned the Antofagasta Environmental Court’s order, issued late last year, and it also ordered to re-evaluate the project.
The ruling, however, didn’t determine the final faith of the long-delayed and polemic project as the case has been sent back to the Environmental Court for review by a different panel of judges, a process that could last several months.