Bloomberg News

Osisko Gold Project Suspended by Argentine Judge, Clarin Says

July 19, 2012

Osisko Mining Corp. (OSK), a Canadian company exploring for gold in Argentina, was ordered to halt a mining project until it provides an environmental report, Clarin reported today.

Judge Daniel Flores of northwestern La Rioja province suspended an agreement signed last year with the provincial government until Osisko hands an inventory of glaciers in the Famatina area, in the foothills of the Andes, the Buenos Aires- based newspaper said, citing the judge.

Barrick Gold Corp. (ABX), the world’s biggest gold producer, suspended exploration in the same area in 2007, following local protests against environmental harm caused by cyanide, a toxic chemical compound used to separate gold from ore, Clarin said.

To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at pgonzalez49@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


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