Potash bid drags BHP into Saharan fight
BHP Billiton, the $200bn mining company, finds itself in the middle of a massive geopolitical independence row due to its hostile takeover of Potash Corporation of Saskatchewan. Marius Kloppers, the chief executive of FTSE 100 stalwart BHP, is taking a $39bn offer for Canadian fertilizer giant PotashCorp directly to shareholders after its board dismissed the [...]
RBS, the tarsands and the climate camp
How RBS funds ‘dirty oil’ Last weekend, Royal Bank of Scotland faced its biggest protests in a long history of protests. Environmental groups and hundreds of climate protesters camped on the lawn at RBS’s Gogarburn headquarters, on the outskirts of Edinburgh. At the centre of the protest was a growing anger at the bank’s role [...]
Canadian government urged not to support Rio Tinto associate
The Canadian Friends of Burma (CFOB) is deeply concerned by reports that Export Development Canada (EDC), a state owned Crown corporation, intends to give as much as half a billion dollars in public subsidies to Ivanhoe Mines and its Chairman Robert Friedland for a controversial mining project in Mongolia. EDC’s apparent willingness to support Ivanhoe [...]
Documentation on Barrick Gold in PNG
In October & November 2009, the Canadian House of Commons’ Standing Committee on Foreign Affairs & Intl. Development held hearings on “Bill C-300, An Act respecting Corporate Accountability”. Statements were made regarding issues including allegations of killings, rape & other security problems involving personnel at the Porgera Joint Venture in Papua New Guinea, as well [...]
Formal Human Rights Complaint re HudBay in Guatemala
A high-level Canadian civil society investigation into alleged grievous human rights abuses at a nickel mine in Guatemala in 2007 has confirmed that local people were viciously attacked by police and mine security, forcibly evicted from their homes, and that several women were raped. Although the accusations were submitted to the Canadian ambassador in Guatemala [...]
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