Authorities in Honduras have filed criminal charges against senior officials of Entremares – a wholly-owned subsidiary of mining giant Goldcorp – based on evidence from aid agency CAFOD of severe water contamination.
The data gathered at the San Martin gold mine in the Siria Valley area of Honduras revealed dangerously high acidity and metal concentrations in water flowing into a local stream.
The information uncovered by CAFOD was part of an official water monitoring report at the mine but was not disclosed or acted upon by the Honduran Government’s department for mineral resources or Goldcorp.
See http://www.cafod.org.uk/news/goldcorp-pollution-
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 (http://moneytometal.org/index.php/From_Money_to_Metals) by mining researcher Roger Moody.)