"El Salvador wanted to wait until it could determine whether it was possible to mine without causing irreparable environmental damage. Pacific Rim, saying it had done its due diligence on environmental impacts, pleaded with the government to reconsider. When the country wouldn’t budge, Pacific Rim sued."
Mining company Pacific Rim, now owned by OceanaGold, is suing El Salvador for halting mining within its borders. A decision by an international trade tribunal could determine whether mining resumes
16 hours ago
Chinese Zijin Mining has bought a 49.5% stake in Barrick Gold's already troubled Porgera mine. The new owner has a terrible environmental and human rights record in China... Toxic mine spill was on...
Wonder if AusAid/DFAT has read this? seems Australian Govt still believes in corporate aid
The UK government has showered £500 million of its aid budget on 'partnerships' with global corporations that are meant to help the poor, writes Kevin Smith. Surprise - an independent assessment has found that the only ones to benefit were the companies themselves. This ideologically-driven farce mu…