Top gold miner Barrick Gold (NYSE:ABX TSE:ABX) has met with officials from Chile's mining ministry last week in an effort to restart construction of its troubled Pascua Lama project in South America.
Barrick gold stopped construction of FUT 15 Coins in October as part of its debt-reduction program and after fierce opposition from local communities and environmental groups.
The Toronto-based miner has already spent $5 billion on the project which straddles the Chilean-Argentinian border which could have a final bill in excess of $8.5 billion after a series of cost overruns.
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