Chile approves Andes gold project (BBC) {Pascua Lama, Barrick Gold}

The Chilean authorities have given approval for a proposed $1.5bn (£800m) gold project in the Andes despite opposition from environmental groups.

International mining company Barrick Gold wants to start extracting gold and silver from the area by 2009.

The company says the project known as Pascua Lama will adhere to strict rules to avoid destruction or contamination of glaciers and water sources.
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Opponents argue that the Pascua Lama operation will lead to the destruction of glaciers, so contaminating pure water sources and affecting the livelihood of indigenous farmers.

A recent report drawn up by Chile's Diego Portales University warned that the project could have devastating consequences for community water rights and for indigenous farmers in the area.
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more: http://news.bbc.co.uk/2/hi/americas/5080678.stm