Barrick fined $16m for Pascua-Lama violations

Mining machinery and barrels with chemicals sit on the facilities of Barrick Gold Corp's Pascua-Lama project in northern Chile, Thursday, May 23, 2013. Chile's environmental regulator has stopped construction and imposed sanctions on Barrick Gold Corp.'s $8.5 billion Pascua-Lama project, citing "serious violations" of its environmental permit. (AP Photo/Jorge Saenz)VALLENAR, Chile (AP) — Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its environmental permit as well as a failure by the company to accurately describe what it had done wrong.