22 July 2014

When Barrick took over Placer Dome in 2006, the company inherited litigation related to the historic mining activities at the Marcopper mine…Although Placer Dome relinquished its indirect minority stake in Marcopper in 1997, it voluntarily funded and ensured that extensive reclamation, compensatory and other measures to address the effects of the spill were taken…Over the past three years, Barrick has made a good faith effort to settle these matters in a principled way. As this is currently before the courts, we are unable to comment further on any settlement discussions related to this case, except to say that we are disappointed that an out-of-court settlement has not been reached…