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Tuesday, March 30, 2010

Barrick Gold (TSE:ABX) Spends $100,000 Lobbying

Barrick Gold lobbying over changes in U.S. mining laws

Barrick Gold (TSE:ABX) spent $100,000 lobbying the government in the fourth quarter on issues it had an interest in, including taxes and changes in the mining laws.

That's down from the $153,000 the company spent in the third quarter of 2009, but a little higher than the $90,000 spent in the same quarter of 2008.

Most of the focus of Barrick Gold has been the U.S. Senate via the National Mining Association, as concerns over changing the 1872 mining laws by the Obama administration are creating concerns for all mining companies doing business on public lands in the U.S.

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