<div dir="ltr" style="text-align: left;" trbidi="on">
Location: The Veladero mine is located in the San Juan province of Argentina, immediately to the south of the Pascua-Lama property, in the highly prospective Frontera district.
Controlling Company: Barrick Gold (100%).
Brief History: The deposits at Veladero mine were discovered in 1997. However, development of the mine only started in 2002, with production beginning in 2005.
Brief Overview: Barrick’s Veladero mine has helped trigger a remarkable economic turnaround in Argentina’s San Juan province, according to a recent study. Between 2004 and 2011, the province’s unemployment rate fell 36 percent, and per capita income surged 177 percent to $5,260 from $1,900. Exports jumped 12-fold to $2.5 billion from $211 million, and the province’s manufacturing sector grew at an average annual rate of 13.5 percent, twice the national average.
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;"><b><span style="font-family: Philosopher; font-size: 16.0pt; mso-bidi-font-family: AdvPSA88A; mso-bidi-font-size: 15.0pt;"><span style="color: #9fc5e8;">“Veladero has made an enormous economic contribution in San Juan,” says Alfredo Lasalvia, lead author of a study by the Universidad Tecnol
أكثر...
Location: The Veladero mine is located in the San Juan province of Argentina, immediately to the south of the Pascua-Lama property, in the highly prospective Frontera district.
Controlling Company: Barrick Gold (100%).
Brief History: The deposits at Veladero mine were discovered in 1997. However, development of the mine only started in 2002, with production beginning in 2005.
Brief Overview: Barrick’s Veladero mine has helped trigger a remarkable economic turnaround in Argentina’s San Juan province, according to a recent study. Between 2004 and 2011, the province’s unemployment rate fell 36 percent, and per capita income surged 177 percent to $5,260 from $1,900. Exports jumped 12-fold to $2.5 billion from $211 million, and the province’s manufacturing sector grew at an average annual rate of 13.5 percent, twice the national average.
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;"><b><span style="font-family: Philosopher; font-size: 16.0pt; mso-bidi-font-family: AdvPSA88A; mso-bidi-font-size: 15.0pt;"><span style="color: #9fc5e8;">“Veladero has made an enormous economic contribution in San Juan,” says Alfredo Lasalvia, lead author of a study by the Universidad Tecnol
أكثر...