Barrick Gold named a corporate social responsibility board on Friday, which will advise the world's top gold producer on community relations, sustainable development and human rights, as miners around the globe face tougher public and investor scrutiny of their activities.
Reuters
Aaron Regent President and Chief Executive Officer of Barrick Gold Corporation speaks during the annual general meeting of shareholders in Toronto April 28, 2010.
Credit:
Related Articles
The Nemenoff Report Bonds Higher, S&P's Lower, Silver Lower
The Energy Report - Getting Closer to the Top
Dollar firms before Bernanke, inflation dip hits sterling
Related Topics
Toronto-based Barrick was hit by a torrent of criticism last year after at least five people were killed and many more were hurt, when hundreds of people raided a gold mine in Tanzania owned by its subsidiary African Barrick Gold.
Some of Barrick's peers have faced similar issues at their mines, while others have encountered strong opposition to their projects.
There have been scores of shootings by unidentified snipers around Freeport McMoRan's huge Grasberg copper-gold mine in Indonesia in recent years, with victims including workers, illegal miners and security officers.
Construction work at Newmont's $4.8 billion Conga gold-copper project in Peru has been halted since November, following weeks of protests against the development.
More News
Gold and Silver Edge Lower As QE Chatter Heats Up
Is Gold Finally Recovering?
A Dead Cat Bounce for Gold Prices
Must Read
The Peruvian government has asked three foreign experts to evaluate Newmont's environmental impact study for Conga, which would be the largest mining investment in Peru's history if it is built.
Barrick said the five-member board will also advise it on the structuring of both its ongoing and future corporate social responsibility (CSR) practices and programs.
The board is comprised of notable experts in the CSR field, including Elizabeth Dowdeswell, the former head of the United Nations Environment Program, and Robert Fowler, who was Canada's longest serving ambassador to the United Nations.
"Their input and guidance will help us to further improve our practices and manage emerging issues affecting our company and the global mining industry," Barrick Chief Executive Aaron Regent said in a statement.
Most Popular Slideshows
Australia Bids Adieu to Adam Spencer's Mornings on ABC's "702 Breakfast" Show [PHOTOS]
Top 10 Hottest Celebrities with Shocking Weight Loss (And Find Out Their Secrets!) [PHOTOS]
SEE PHOTOS! Eva Longoria Wears No Panties at Cannes 2013, Revealed in Embarrassing Wardrobe Malfunction [SLIDESHOW]
Demi Lovato Snapped Getting Flirty with The X-Factor Boss, Simon Cowell? [PHOTOS]


US
UK
Spanish
Chinese
Japanese
Hong Kong
Canada
Australia
Korean
Deutsch
India
