No Bankroll for Deep Sea Mining Experiment

Nautilus Minerals has edged back from the brink of bankruptcy with an extension to the bridging loans provided by its two main shareholders, Russian mining company Metalloinvest and Omani conglomerate MB Holding.

Source
Deep Sea Mining Campaign – Solwara Warriors

Canada’s overseas mining practices on trial in alleged rights abuse case

Should a Canadian mining company be held to account for human rights abuses in operations abroad?

This is not a trick question. When the Supreme Court of Canada sits for the hearing into Nevsun Resources next week, scheduled for Wednesday, the court will consider whether to allow a novel cause of action to proceed to trial, thereby dismissing the appeal of the Vancouver-based miner, or stop in its tracks the four-year long journey of former mine workers who allege abuse, including forced labour, at the company’s Bisha mine in Eritrea.

Source
Toronto Star

Investigators’ Study of Canadian/Swedish Mining Project in Ecuador Yields Disturbing Results

Submitted by Kirsten on
Special Blog Type

Three researchers from the Andean University Simon Bolivar (Universidad Andina Simón Bolívar) in Quito, Ecuador have published the results of a 6-month monitoring study of the El Zarza community near Lundin Gold’s Fruta del Norte mine project, currently under construction.

Take Action – Canada’s Promised Human Rights Ombudsperson Has Gone Missing

Submitted by Catherine on
Special Blog Type

Communities harmed by the overseas operations of Canadian extractive-sector companies are waiting for justice. One year ago, on January 17, 2018, then-Minister of International Trade Champagne announced that the federal government would create a Canadian Ombudsperson for Responsible Enterprise ("CORE"). It hasn't.

This is not the time for a letter or an email. This is the time when you need to call your MP and get them to call the Prime Minister’s office – now!

INV Metals Releases Full Feasibility Study for Ecuador Project: Shareholders Need to Inform Themselves about Lack of Community Support

(Ottawa) On January 14th, 2019, Canadian mining company INV Metals published the full Feasibility Study (Technical Report NI 43-101) for its Loma Larga project in Ecuador.

Its release comes just four days after MiningWatch Canada posted a blog which raised local communities’ concerns about the company’s aggressive advancing of the project despite their consistent rejection of it.

Source
MiningWatch Canada

Prosperity Mine Case goes to Federal Court of Appeal

Submitted by Jamie on
Special Blog Type

Today, as Taseko Mines Ltd. tries to revive its case against the federal environmental assessment of its proposed New Prosperity copper-gold mine in Tŝilhqot’in territory in central British Columbia to the Federal Court of Appeal, we thought it would be useful to revisit the issues that brought MiningWatch to intervene in support of the environmental assessment – and in support of the Tŝilhqot’in National Government which has been protecting its territory through the many years this project has been on the books.

Parish in Ecuador Alerts Canadian Company, Cornerstone Resources, that they are not welcome in their communities

(Ecuador, Ottawa) Today, MiningWatch Canada staff delivered a letter to the nearly-nonexistent offices of Cornerstone Capital Resources Inc. (TSX-V: CGP) in a small strip mall in Orleans, Ontario. The company is not listed on the advertising sign out front, nor is it on the directory at the building’s entrance. Only a small printed paper listed the company’s name, along with Tetra-Bio Pharma Inc. and Sabino Di Paola, CPA, the company’s Chief Financial Officer.

Source
MiningWatch Canada

MEDIA ADVISORY: MiningWatch Canada, Ecojustice Available to Comment on New Prosperity Mine Court Case

(Vancouver) Ecojustice lawyers will be appearing in the Federal Court of Appeal today on behalf of MiningWatch Canada, to intervene in a case that will determine the future of Taseko’s proposed New Prosperity mine project.

Jamie Kneen, communications and outreach coordinator at MiningWatch Canada, and Olivia French, Ecojustice lawyer, are available for comment on the issue.

Source
Ecojustice – MiningWatch Canada

INV Metals’ Loma Larga Project in Ecuador Still Contested Despite Recent Claims

Submitted by Kirsten on
Special Blog Type

On November 29, 2018, Canadian mining company INV Metals (TSX: INV) released the results of the feasibility study for its Loma Larga gold-copper-silver project in Kimsacocha, Ecuador. The company’s press release and corporate presentation on the study communicate an unwavering sense of local support for the project and a commitment to water and environmental protection.

Candace MacGibbon, the company’s CEO and 5% shareholder, stated in the company’s press release that:

Categories

Canadian Pension Plan Investment Board Alerted about Dangerous Investment Ahead of Pan American Silver-Tahoe Resources Merger

(Ottawa, Tatamagouche) On Friday, January 4th, just four days before shareholders are to vote on the proposed Pan American Silver-Tahoe Resources merger, MiningWatch Canada and the Maritimes-Guatemala Breaking the Silence Network (BTS), submitted an investor alert to the Canadian Pension Plan’s Investment Board (CPPIB).  

Source
MiningWatch Canada; Martimes-Guatemala Breaking the Silence Network
Subscribe to