Deals
Thornton Joins Barrick Top Brass in Argentina After Rupture
- Gold miner asked to overhaul Veladero’s operational processes
- Third Veladero incident coincides with stake sale to Shandong
John Thornton
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Barrick Gold Corp. Executive Chairman John Thornton flew to Argentina after authorities threatened to rescind the license for the Veladero mine on the same day the company agreed to sell half the asset.
Thornton joined President Kelvin Dushnisky, Chief Operating Officer Richard Williams and Chief Financial Officer Catherine Raw in meetings with local managers in Buenos Aires as the world’s top gold producer deals with the fallout from the third incident involving cyanide solution in two years.