Less than twenty four hours after a legal presentation by the mining industry, an Argentinian judge has suspended a number of clauses in the recently-passed national glaciers’ protection Act. The judge’s action is clearly aimed at facilitating construction of Barrick Gold’s much-delayed Pascua Lama gold mine.
See http://www.minesandcommunities.org/article.php?a=10501.
Barrick is a Canadian company but London-based AXA Investment Managers UK Ltd had over $10 million invested in the company in 2007, BlackRock Commodities Income Trust plc has invested in the company, and the company also has connections with Millhouse Capital, controlled by London resident Roman Abramovich, and New City Investment Managers Ltd/NCIM (UK).
(See From Money to Metals by Roger Moody, http://moneytometal.org/index.php/From_Money_to_Metals.)