No. 9 of the world’s 10 largest gold mining companies

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A lucrative business

No. 9 of the world's 10 largest gold mining companies

Belladero is located in The Province of SAN Juan, Argentina, adjacent to the Pasquarama mine project. This place is located in the Veradello Highlands of the Andes on the border between Argentina and Chile. Belldro has estimated reserves of 10m ounces of gold. In 2014, it produced 7.22 million ounces of gold, adding another 622,000 ounces in 2015. Production has increased from 600,000 ounces a year to 700 ounces a year, so production seems to be on the rise. In 2007, Barrick Gold installed a wind turbine at Belldro, making it the world’s highest wind turbine at 4,200 feet above sea level. Nearby, the Pasguarama mine project is located in 25 percent of Argentina and 75 percent of Chile, where mining operations have been criticized. The mines are close to glaciers, and Chilean activists have complained about the action’s environmental impact.

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