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MINING 7 - Barrick and the Cruelty of Gold
COMMONS
Is the Trouble Worth It?
Barrack ceo, made numerous trips to papa new guinea to try to win back the right to mine in pagora. He even acknowledged that the company had lost the social license to operate in the country. But barrick refused to walk away. And eventually the government caved,. though they did extract a much larger ownership stake in the venture. The environment there has been irrevocably damaged. There'd just be a really, really big hole in the ground and a really,really upset and rest of the community, nothing else.
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