Languages
Search
Newswire on the IFIs
- At sustainability congress, dam builder bars civil society from dialogue
- Austerity a moral issue as it inflicts millions
- World Bank compliance arm assessing fresh complaint against Vizhinjam port
- With Inga dams, donors set to repeat past failures
- Bangladesh exposes flaws in World Bank's Doing Business Index
- Poverty should not be entrusted to economists
Mining
This page links to information concerning a number of projects on which we have worked, in solidarity with local communities. In some cases, the projects rely on World Bank funding. In others they involve Canadian companies that may be seeking, or have secured, financial support from Export Development Canada (EDC). Sometimes they involve both. Regardless of the source of funding, in all cases, communities have contacted us because they are concerned about the significant adverse environmental, social and human rights impacts of the projects.
Oyu Tolgoi is an enormous copper and gold deposit in Mongolia. The project is jointly owned by Canadian company Turquoise Hill Resources and a state owned enterprise. According to the International Finance Corporation (IFC), estimated project cost is $12 billion. Project proponents seek financing from Export Development Canada, the IFC, the European Bank for Reconstruction and Development and the Multilateral Investment Guarantee Agency, among others. In this document, CSOs argue that the project does not comply with the IFC Performance Standards and provide a series of recommendations.
This month we examine 'odious investment' - Mongolia Undermined; (Mis)Investment in Agriculture; More than Bricks and Mortar; and the Canada Pension Plan Investment Board.
Statement by the Halifax Initiative, the Latin American Observatory of Environmental Conflicts and MiningWatch Canada concerning Barrick Gold's disasterous second quarter results and its 'star' project, Pascua Lama.
Presentation concerning the role of the private sector in international development with a focus on new CIDA programming in support of the extractive sector.
Article prepared for the 'Global Capital, Global Rights' workshop convened by SFU and UBC. The text discusses civil society efforts in support of Bill C-300, legislation that sought to create accountability mechanisms regarding the provision of government support to Canadian extractive companies that operate overseas.
The tax edition: the fair tax summit, mobilizing domestic resources and the financial secrecy index. Plus Pascua Lama and Talisman.
Statement by the Latin American Observatory of Environmental Conflicts concerning Barrick Gold's failure to secure financing from Export Development Canada and the U.S. Export-Import Bank for its Pascua Lama project on the border between Chile and Argentina.
Energy poverty, climate change and the World Bank; Durban postmortem.
In this letter to Export Development Canada and the U.S. Export-Import Bank, Chilean and Argentine organizations express harsh criticisms regarding the public agencies' due diligence processes concerning Barrick Gold's application for support for Pascua Lama.
