Zambia: State to probe siphoned corporate taxes

Washington-based group, Global Financial Integrity, in its report revealed that more than £5 billion (K40 trillion) had been illegally siphoned out of Zambia over 10 years, with most of it ending up in offshore banks and tax havens. Among the mining companies active...

Papua New Guinea: OK Tedi – Up The Fly Without A Paddle

Canada’s Globe and Mail newspaper investigates rumours of a mysterious plague down-river from a giant gold mine in remote Papua New Guinea, and uncovers disturbing questions about the flow of benefits from the resources boom. The Ok Tedi mine was previously...

BHP holds a whopping 1,425 permits in Peru

BHP Billiton, Barrick Gold, Sesuveca del Peru and local Cia de Minas Buenaventura SAA were the four mining firms that won the largest number of Peruvian exploration concessions in 2012, reports local newspaper Gestion. See...

Where now for Indigenous Peoples and the extractive industries?

This posting includes two statements from the recent UN Forum on Business and Human Rights, held in Geneva and sponsored by the new UN Working Group on Human Rights and Transnational Corporations. The first is by the Indigenous Peoples and Extractive Industries...