The lawsuit alleges Barrick knew or should have known that it would have to overcome significant obstacles with its $8.5bn Pascua-Lamas gold-silver project.
In its third annual edition, the ranking of best mining suppliers in Chile also reveals that 62% of respondents believe they can find a better supplier than the one they already have.
Companies’ low valuation, the current focus on operational efficiency in the mining sector, and the chase for overseas assets by Chinese investors, are pushing deals up.