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$100 million Barrick settlement

Latest Daily Tribune news and analysis on $100 million Barrick settlement.

  1. THE barren landscape of the Tapian open-pit mine in Marinduque bears the scars of a disaster that began in 1996, when a fractured drainage tunnel released millions of tons of toxic mine tailings into the province’s waterways. Thirty years on, Marinduque is still waiting for the rehabilitation promised through a $100-million settlement from Barrick Mining Corp., with conditions for its release still awaiting action from the Department of Environment and Natural Resources.

    Marinduque: Still not healed

    Three decades after the Marcopper mining disaster, Marinduque is pressing the DENR to act before the 4 October 2026 deadline tied to a $100-million settlement…