mining


Goldcorp loses bid for $50 mln NAFTA compensation
A unit of Goldcorp has lost a bid to get $50 million in compensation after a US trade tribunal rejected claims the gold miner's operations were hampered by environmental regulations
Megaprojects and militarization: A perfect storm in Mexico
As Mexican security budgets inflate with US aid-to combat the rising power of drug trafficking and organized crime-rights groups say these funds are increasingly being used to protect the interests of multinational corporations.
Chile: Activists try to block start of Pascua Lama mine
As Canadian mining giant Barrick Gold gets ready to start construction at the Pascua Lama mine, straddling the Argentine-Chilean border, activists in Chile are scrambling to block the ambitious mining project while calling for an investigation of supposed irregularities committed in the approval process.
Chinese mining giants to invest $7.4 billion in Peru over next 5 years
Chinese mining giants Minmetals, Chinalco, Shougang and Zijin plan to invest over 7.4 billion dollars in Peru during the next five years, Peruvian Vice President Luis Giampietri said. Giampietri met in late April with the CEOs of these mining groups after attending the signing ceremony of Peru-China Free Trade Agreement (FTA) in Beijing.
Peru: Amazonian indigenous people rise up
“Since April 9, an uprising has been occurring in the Peruvian countryside involving the Amazonian indigenous peoples from 1350 communities and a diversity of ethnicities”, said legendary peasant leader, Hugo Blanco in an important message. A translation of Blanco's appeal for solidarity with this so-far mostly unreported struggle is printed below.
FTA with China and Rio deal 'not linked'
A free trade deal between China and Australia won't be conditional on the government giving the green light to Chinalco's grab for a bigger share of Rio Tinto, Trade Minister Simon Crean says.
Canadian company threatens El Salvador with CAFTA lawsuit over mining project
A Canadian mining company intends to sue El Salvador's government for several hundred million dollars if it is not granted permission to open a widely unpopular gold and silver mine that scientists warn would have devastating effects on local water supplies.
El Salvador warned of CAFTA-DR lawsuit by mining company
A Canadian mining company and its American subsidiary have threatened the government of El Salvador with a lawsuit after it failed to receive regulatory approval to begin digging for gold and silver in an area some 65 km from San Salvador. The proposed mine has drawn intense opposition from civil society and church-based groups, although the mining company maintains that it enjoys broad public support in El Salvador.
China and Peru sign free trade agreement, extending Asian influence in Latin America
China and Peru signed a free trade agreement today (Wednesday) that will pave the way for further cooperation between the two countries and broaden China's influence in Latin America.
Bolivia: Two years of 'post-neoliberal' Indigenous nationalism -- a balance sheet
The right laments the "isolation" of the Bolivian economy from the global currents of trade because it has put three crosses against the free trade agreement with the United States and there isn't the will to take part in an agreement with the European Union, the "biggest markets on the planet".