TORONTO, September 25, 2015 — Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the “company”) today announced that restrictions on processing activities at the Veladero mine in San Juan province, Argentina, have been lifted.
A local court previously restricted the addition of new reagents to the mine’s heap leach circuit following the failure of a valve on a pipe carrying cyanide solution at the leach pad, which led to a release of solution.
The safety of people and the environment has been the company’s top priority since the faulty valve was detected. Barrick immediately implemented a comprehensive downstream water monitoring program. This monitoring, as well as testing results from an independent third-party laboratory, have confirmed that there are no risks to the health of downstream communities as a result of this incident.
These findings are consistent with independent water testing results released by other third parties in San Juan province, including the Public Health Department and the state water distribution company.