Judge Suspends Yamana’s Agua Rica Project After Clashes in Andalgala, Argentina
One of the most controversial mining projects in Argentina, already affected by the economic crisis last year, has been halted by a court order after protests and clashes in the town of Andalgalá, Catamarca province. The judge’s decision to order an immediate suspension needs to be understood as a political one, rather than a strictly [...]
CAFOD and Goldcorp
Goldcorp is a Canadian company but among its major investors are British-based AXA Investment Managers UK Ltd (US$4.3 million), Blackrock Commodities Income Trust plc, and City Natural Resources High Yield Trust PLC, according to the document From Money to Metals by mining researcher Roger Moody. For background on the exchange between CAFOD and Goldcorp, see [...]
BHP Billiton to benefit from Argentinian water?
Despite recently calling upon mining companies to conserve fresh water usage within the country, the Chilean government is now mooting its importation from Argentina. Last year, BHP Billiton seriously considered draining water from across the Chile-Argentina border. At that time the company acknowledged that it could take supplies from the sea, and then desalinate them. [...]
Argentina: Academics reject corporate miner’s handouts
There’s been heated debate in Argentina over whether its National Inter University Council (CIN) should accept funds from the country’s largest open-pit mine, Minera Alumbrera. The mine is operated by UK-Swiss Xstrata, co-owned by Goldcorp and Yamana Gold. See http://www.minesandcommunities.org/article.php?a=9376.
Rio Tinto Suspends $205 Million Uruguay Port Project
Mining company Rio Tinto has put off plans to spend $205 million to develop a port facility in Agraciada, Uruguay, a company spokesman said Wednesday. “Rio Tinto is postponing the expansion of the Corumba mine and associated logistics, which includes the iron ore port project in Uruguay,” Rio Tinto spokesman Tony Shaffer said. See http://www.minesandcommunities.org/article.php?a=9023
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