Wednesday, November 11, 2009

PASCUA LAMA

WHO: The world's biggest gold mining company wihich is based in Toronto was developing a project to extrct minerals from Pascua Lama and they are against the Chilian government.

What: Pascua Lama is the biggest open mine of gold, silver and other rare minerals.

Where: The mine is located in the Andes mountains between Chile and Argentina.

When: The studies started in 1991 but the construction is not started yet. There were a lot of trials between 2000 ans 2008.

Why: Pascua Lama is a controversial project because it has economic and environmental consequences. Some farmers are directly affected by this project because the company has to move glaciers to find gold. The government imposed conditions to the Canadian company to develop their project in the mine but they to side do not agree.

How: There was an agreement for mineral exploitation between Chile and Argentina in 1997. An environmental commission also gave its approval to the project in 2006.

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