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World Bank approves mining company suit against El Salvador
In a decision with implications for the national sovereignty of member states under US trade pacts, a World Bank tribunal has approved a Canadian mining company’s controversial lawsuit against the government of El Salvador.
Australia says mining tax won’t threaten China FTA
Australia Tuesday denied that its planned 40 percent mining tax would hurt attempts to strike a free-trade agreement with China, a key market for the country’s resources.
Australian tax could breach treaty with China
Mining shares plunged last week after Kevin Rudd, Australia’s prime minister, proposed a 40pc tax on mining profits, arguing that Australia’s mining boom was benefiting shareholders based abroad
El Salvador’s misfortune in gold: Mining, murder, and corporate malfeasance
The recent turmoil over the efforts of Pacific Rim, a Canadian corporation, to carry out a gold-mining project in El Salvador is a catalyst for reviving the deep-seated divisions that go back to the Central American country’s bloody civil war from 1980 to 1992.
With Avatar poised to win big at the Oscars, James Cameron should help some Na’vi right here on Earth
Cameron should put the money made from the blockbuster where it’s needed most: into indigenous communities struggling for the conservation of their land and livelihood.
Anti-mining activists killed in El Salvador
For the second time in a week, a prominent anti-mining activist has been assassinated in El Salvador.
Peru revokes Amazon mining laws
Peru’s Congress voted Thursday to revoke two laws enacted last year to open the Amazon to mining, oil and timber development, measures that enraged many indigenous groups and led to a bloody confrontation this month.
Goldcorp loses bid for $50 mln NAFTA compensation
A unit of Goldcorp has lost a bid to get $50 million in compensation after a US trade tribunal rejected claims the gold miner’s operations were hampered by environmental regulations
Megaprojects and militarization: A perfect storm in Mexico
As Mexican security budgets inflate with US aid-to combat the rising power of drug trafficking and organized crime-rights groups say these funds are increasingly being used to protect the interests of multinational corporations.
Chile: Activists try to block start of Pascua Lama mine
As Canadian mining giant Barrick Gold gets ready to start construction at the Pascua Lama mine, straddling the Argentine-Chilean border, activists in Chile are scrambling to block the ambitious mining project while calling for an investigation of supposed irregularities committed in the approval process.
Chinese mining giants to invest $7.4 billion in Peru over next 5 years
Chinese mining giants Minmetals, Chinalco, Shougang and Zijin plan to invest over 7.4 billion dollars in Peru during the next five years, Peruvian Vice President Luis Giampietri said. Giampietri met in late April with the CEOs of these mining groups after attending the signing ceremony of Peru-China Free Trade Agreement (FTA) in Beijing.
Peru: Amazonian indigenous people rise up
“Since April 9, an uprising has been occurring in the Peruvian countryside involving the Amazonian indigenous peoples from 1350 communities and a diversity of ethnicities”, said legendary peasant leader, Hugo Blanco in an important message. A translation of Blanco’s appeal for solidarity with this so-far mostly unreported struggle is printed below.
FTA with China and Rio deal ’not linked’
A free trade deal between China and Australia won’t be conditional on the government giving the green light to Chinalco’s grab for a bigger share of Rio Tinto, Trade Minister Simon Crean says.
Canadian company threatens El Salvador with CAFTA lawsuit over mining project
A Canadian mining company intends to sue El Salvador’s government for several hundred million dollars if it is not granted permission to open a widely unpopular gold and silver mine that scientists warn would have devastating effects on local water supplies.
El Salvador warned of CAFTA-DR lawsuit by mining company
A Canadian mining company and its American subsidiary have threatened the government of El Salvador with a lawsuit after it failed to receive regulatory approval to begin digging for gold and silver in an area some 65 km from San Salvador. The proposed mine has drawn intense opposition from civil society and church-based groups, although the mining company maintains that it enjoys broad public support in El Salvador.
China and Peru sign free trade agreement, extending Asian influence in Latin America
China and Peru signed a free trade agreement today (Wednesday) that will pave the way for further cooperation between the two countries and broaden China’s influence in Latin America.
Bolivia: Two years of ’post-neoliberal’ Indigenous nationalism — a balance sheet
The right laments the "isolation" of the Bolivian economy from the global currents of trade because it has put three crosses against the free trade agreement with the United States and there isn’t the will to take part in an agreement with the European Union, the "biggest markets on the planet".
Peru: APEC, ‘free trade’ and Australia’s mining agenda
On November 22 this year, the Asia Pacific Economic Cooperation (APEC) leaders’ meeting will convene in Lima, Peru. Australian Prime Minister Kevin Rudd and a suit team will be there, pushing for greater trade “liberalisation” on behalf of Australian industrial guilds like the Minerals Council of Australia.
Canada announces start of bilateral investment treaty negotiations with Mongolia
On January 9 2008, Canada announced that it will commence negotiations of a bilateral investment treaty with Mongolia. This is good news for Canadian mining companies...
US uranium mining company plans poses threat to over one million Canadians
Thanks to politicians corrupted by the North American Free Trade Agreement (NAFTA), a US mining company is poised to make commercial profit by spreading uranium contamination across eastern Ontario and western Quebec.