Barrick Gold deposits $50-M in escrow; 1st payment in Marcopper mining mishap

MANILA, Philippines—30 years after the toxic mine tailings spill in the rivers of Boac and other towns in Marinduque, the Canada-based Barrick Gold Corporation has now deposited fifty million dollars in the escrow account for the rehabilitation of the abandoned mine site. This move was confirmed by former Marinduque Governor Presbitero Velasco. The amount is