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.
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.
In spite of Canada's attempt to bury it at the Toronto G20 meeting, a tax on financial transactions is back on the global agenda and gaining momentum.
French President Nicolas Sarkozy has pledged to use his term as chair of the G20 to reform the global financial system and curb the speculation that contributed to the economic crisis. At the top of his agenda is an international financial transactions tax (FTT) to fund the fight against poverty and climate change.
To sign on to this letter, send the name of the organization and country in which it is based by 5PM Washington DC time on November 3rd to Amy Gray: firstname.lastname@example.org
International Civil Society Statement to the G-20 Leaders Summit in Seoul
We, the undersigned civil society organizations from 32 countries, urge G-20 leaders to make concrete progress towards the introduction of an internationally coordinated financial transactions tax (FTT) at the upcoming summit in Seoul.
Government Squanders Opportunity to Hold Extractive Companies to Account
(Ottawa- March 26, 2009) Today’s government announcement on Corporate Social Responsibility (CSR) has squandered the important consensus reached by industry and civil society organizations on how to ensure that the overseas operations of Canadian extractive companies adhere to international environmental and human rights standards. Almost two years ago, the multi-stakeholder Advisory Group to the National Roundtables on CSR in the Extractive Sector submitted its consensus report to the Canadian government. Today’s long-awaited response ignores the report’s central recommendations.
Action contre l’impunité pour les droits humains (ACIDH)
Association Africaine de Défense des Droits de l’Homme/Katanga (ASADHO/Katanga)
Rights and Accountability in Development (RAID)
For immediate release:
Victims of Kilwa massacre denied justice by Congolese military court
London, UK/Lubumbashi, DRC (17 July 2007):
Four Congolese and international non¬governmental organisations (NGOs) today published a new report documenting serious flaws and irregularities in the trial of nine Congolese soldiers for war crimes, and three employees of Anvil Mining for complicity in war crimes, committed in Kilwa, in the Democratic Republic of Congo (DRC).
The trial, held before a military court, ended on 28 June 2007 with the acquittal of all the defendants on war crimes charges in relation to events in Kilwa.(1)
Plans by US, Canada and EU to finance massive copper mine in DRC disregard Congolese government review of mining deals
On July 12, the US government’s Overseas Private Investment Corporation (OPIC) is set to give its backing to mining major Phelps Dodge/Freeport McMoRan for the company’s Tenke Fungurume copper project in the Democratic Republic of Congo (DRC). Other public lenders such as Export Development Canada (EDC) and the European Investment Bank (EIB) are expected to follow suit. These financing plans are proceeding in spite of the fact that the Tenke deal is among 60 contracts currently under review by the Congolese government.