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Chile Court Suspends Barrick's Pascua Lama Mine

The company has three other mines in South America: two in north-central Peru and one in Argentina. Those mines produced more than 1.6 million ounces of gold last year, and they are expected to yield about 1.3 million ounces in 2013.

The company also has 10 active mines in North America and nine in the Australia-Pacific region, some of which are operated through joint ventures. Its African operations are run by African Barrick Gold PLC, a separate company in which Barrick Gold owns a 74-percent stake.

Barrick had 140 million ounces in proven gold reserves at the end of 2012, as well as 1.05 billion ounces of silver and 13.9 billion pounds of copper. It expects to produce 7 million to 7.4 million ounces of gold this year.

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Associated Press writers Michael Warren in Buenos Aires and Marley Seaman in New York contributed to this report.

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Luis Andres Henao on Twitter: https://twitter.com/LuisAndresHenao

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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