The people of Cajamarca, Peru are fighting off what would be the second largest gold mining project in South America – Minas Conga. The project is majority owned by the giant American Newmont Mining Corporation, and 5% owned by the World Bank’s International Finance Corporation. Local communities are convinced this project would severely limit and contaminate their water supply, as the aggressive open pit project will destroy the head of the water basin that gives life to 30,000 people in over 200 communities.
Newmont is a US company with British investment: among investors in Newmont are UK-based Blackrock World Mining Trust and AXA Investment Managers UK. See http://moneytometal.org/index.php?title=Special%3ASearch&button=&search=newmont.