7*24 customer service

Get A Quote

Visit Us

Zhengzhou, China

News

  1. Home
  2. To Keep Its Gold El Salvador Challenges A Global Mining Company

To Keep Its Gold El Salvador Challenges A Global Mining Company

To keep its gold, El Salvador challenges a global mining company Environmentalist Francisco Pineda leads opposition to an Australian gold mining project in El Salvador, which is now subject to arbitration before a World Bank tribunal. He's seen here outside his offices in the township of San Isidro on Sept. 30, 2014.

El Salvador in legal battle with mining company | Oxfam

Sep 05, 2014· On September 15, 2014, the ICSID tribunal is conducting a hearing on the Oceana Gold/Pacific Rim case against El Salvador, and a coalition called the International Allies against Mining in El Salvador (including Oxfam) is holding a demonstration at the World Bank to demand that Oceana Gold drop its case against El Salvador. “The stakes for ...

The Fight to Ban Gold Mining and Save El Salvador's Water ...

Jun 25, 2014· The Fight to Ban Gold Mining and Save El Salvador’s Water Supply. Gold-digging multinationals are fueling political violence and environmental devastation in El Salvador, but communities are fighting back. By Julia Paley, June 25, 2014.

El Salvador, Prizing Water Over Gold, Bans All Metal Mining

Mar 29, 2017· Unlike mining in neighboring Central American countries, mining in El Salvador has been limited to small-scale operations. The civil war of the …

Choosing water over gold: El Salvador bans metallic mining ...

Deep divisions mark El Salvador: between left and right, rich and poor, gangs and police. Yet last week, when the country’s Congress voted to prohibit metallic mining, those divides seemed to melt away.From the left-wing Farabundo Martí National Liberation Front (FMLN) to the right-wing National Republican Alliance (ARENA), every party signed on to pass the bill unanimously, 69 to 0.

Meet the Company Suing El Salvador for the Right to …

Sep 03, 2014· The case pits El Salvador’s government against a Canadian gold-mining company that recently became part of a larger Australian-based corporation. When OceanaGold bought Pacific Rim last year, it identified the Salvadoran mining prospects as a key asset , even though gold prices have sunk by more than a third from their 2011 high of more than ...

El Salvador's Gold Fight - FPIF

As El Salvador transitions from decades of conservative rule to the administration of leftist President Mauricio Funes, the country faces an international showdown triggered by a restrictive free-trade agreement between the United States and Central America. Canada’s Pacific Rim Mining Corporation is suing the government for its refusal to allow it to mine gold in El Salvador’s rural north.

El Salvador's communities battle to keep their gold in the ...

Apr 11, 2014· Today, the tide has turned and the battle to keep El Salvador's gold underground is not a minority cause. Politicians from rival parties, the Catholic …

Oceana Gold: Help El Salvador protect its water supply ...

A major mining company is suing El Salvador for millions-- just for saying no to a dirty mine that would have destroyed its remaining water supply.. A mining corporation shouldn't get to decide what laws a country can and can't pass. With just one week remaining before the hearing begins, we need to get OceanaGold to back down now. Sign the petition asking Oceana Gold to drop the lawsuit and ...

El Salvador: buried treasure or fool's gold? - CSMonitor.com

Sep 10, 2013· El Salvador: buried treasure or fool's gold? ... for the Pacific Rim mining company, shows rock samples in El Salvador that were taken during the company…

A Mining Ban in El Salvador? | NACLA

The Mesa recognizes that renouncing gold mining would be an epic decision for El Salvador, with significant global implications. Though the stakes are high, it may be easier for El Salvador to ban mining than for countries already heavily dependent on mining export revenues—including those with left-leaning governments, like Bolivia and Ecuador.

El Salvador becomes first country to ban metals mining ...

El Salvador, Central America’s smallest nation, has become the first country in the world to ban metals mining nationwide following a long-running dispute with a Canadian-Australian company over ...

Lawsuit against El Salvador mining ban highlights free ...

May 27, 2015· In the mid-2000s, Canada-based mining giant Pacific Rim began exploring for gold in El Salvador. The company was granted exploratory permits and was on track to receive extraction permits when the...

US Gold Corp announces President | Global Mining Review

Aug 14, 2020· Post-acquisition, moving on from Kinross, where he had also previously worked from 1996 to 1998 advancing projects in El Salvador and Nevada, he joined Andina Minerals as CEO in 2009. Andina and its 6 million oz Volcan Gold Project in Chile was acquired by Hochschild in 2013.

Global Gold Mining Market Analysis 2020 – Dynamics, …

11.4 North Bloomfield Mining and Gravel Company 11.5 Gold Reserve 11.6 Golden Star Resources 11.7 NovaGold Resources 11.8 Royal Gold 11.9 Homestake Mining Company 11.10 Delta Consolidated Mining ...

El Salvador Makes History | NACLA

El Salvador, then, revisited its Mining Law in 2001, reducing the royalty rate to 2%. On the heels of this legislation, in 2002, Pacific Rim Mining Corporation, a small Vancouver-based exploration company acquired the rights to the El Dorado gold and silver deposit in San Isidro, Cabañas.

El Salvador – When The Seeds Of Resistance Bloom | The ...

On 29th March 2017 legislators in El Salvador approved a blanket ban on all metal mining activities in the country – the first country in the world to do so. The historic vote came just six months after a World Bank tribunal ruled in favour of the country’s government in an international investment arbitration case brought by a Canadian mining corporation.

Pac Rim v. El Salvador – Investment Treaty News

Oct 18, 2018· In its amicus curiaebrief, CIEL argued that El Salvador’s measures regarding Pac Rim’s mining project find support in the country’s international obligations on human rights and environmental protection. In particular, human rights obligations relating to the environment require that El Salvador put in place a legal framework to ensure ...

Historic Wins for Democracy and Rights in El Salvador ...

Civil society opponents to mining even brought a governor from the Philippines to El Salvador to bear witness to OceanaGold’s irresponsible mining in his province and publicly to discredit the company’s claims of “responsible mining” there. 14 On March 29, 2017, members of the Legislative Assembly—some sitting at desks adorned by ...

El Salvador groups accuse Pacific Rim of 'assault on ...

Apr 10, 2014· A multinational mining company has been accused of launching "a direct assault on democratic governance" by suing El Salvador for more than US$300m (£179m) in compensation, after the tiny Central...

Communities conserving local forest in El Salvador vote to ...

Mar 28, 2017· Communities conserving local forest in El Salvador vote to ban mining Local referendums against mining activity have spurred a bill that would ban metallic mining …

Inside a secret hearing at a foreign tribunal, El Salvador ...

On September 15 th, the International Centre for the Settlement of Investment Disputes of the World Bank, will hear from the government of El Salvador and its opponent, a multinational mining company called OceanaGold (formerly Pacific Rim). The company is suing El Salvador for $301 million because the government did not grant it a mining permit.

World Bank Tribunal Weighs Final Arguments in El Salvador ...

An Australian mining company, OceanaGold, is suing the Salvadoran government for refusing to grant it a gold-mining permit that has been pending for much of the past decade. El Salvador, meanwhile, cites national laws and policies aimed at safeguarding human and environmental health, and says the project would threaten the country’s water supply.

ARIAB MINING COMPANY LTD Company Profile | …

ARIAB MINING COMPANY LTD is located in Khartoum, Sudan and is part of the Gold & Silver Mining Industry. ARIAB MINING COMPANY LTD has 230 total employees across all of its locations and generates $29.85 million in sales (USD). D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like ARIAB MINING COMPANY ...

Barrick's Q2 gold production down 15% on year | S&P Global ...

Barrick -- the world's second-largest gold miner gold – said output the half of 2020 was 2.4 million oz, at the midpoint of the company's 4.6 million-5.0 million oz guidance range for the year. Full-year 2020 guidance for total cash costs is forecast at $650-$700/oz sold and all-in sustaining cost forecast $920-$970/oz sold, it said.

The Global Fight Against Corporate Rule | The Nation

Jan 15, 2014· In other words, El Salvador has quietly become the first nation on earth to stop destructive gold mining. But the victory has come at a cost. Pro-mining …

Global Economy - Institute for Policy Studies

Aug 19, 2020· Mining, Corporate Social Responsibility, and Conflict: OceanaGold and the El Dorado Foundation in El Salvador Stuart Kirsch , Manuel Perez-Rocha , Jen Moore | March 23, 2016 This study finds that OceanaGold’s attempt to rebrand its proposed gold mine in El Salvador through the use of a company-sponsored foundation at the local level is ...

Global trends in human rights-based litigation

The claim alleges that Canadian mining company Nevsun Resources Ltd. ("Nevsun"), through its majority-owned Eritrean subsidiary Bisha Mining Share Company, constructed a gold, copper and zinc mine in Eritrea using conscripted workers forced into labour while on indefinite tenure with Eritrea's compulsory National Service Program.

Here's Why Momentum Investors Will Love New Gold (NGD ...

Jul 22, 2020· Over the past quarter, shares of New Gold have risen 76.03%, and are up 11.77% in the last year. On the other hand, the S&P 500 has only moved 19.59% and 11.41%, respectively.

Will Recent Political Developments Spark A Gold Rally ...

Aug 13, 2020· Gold has historically been a safe haven during times of uncertainty and the markets are once again turning to gold in the face of the current global world health crisis. Last week, gold prices ...

Related News