Barrick proposes low-ball buyout offer for beleaguered Tanzanian subsidiary Acacia
Barrick offered a nine per cent discount to the London-listed Acacia’s closing price, valuing it at US$787 million
Barrick offered a nine per cent discount to the London-listed Acacia’s closing price, valuing it at US$787 million
(Ottawa) An expert review of Canada Carbon’s (CCB: TSX-V) Miller project in Grenville-sur-la-Rouge, Quebec, concludes the project does not demonstrate economic viability and is not worth the $96 million the company is threatening to claim from the municipality opposing the project. MiningWatch Canada filed a complaint with the B.C. Securities Commission today.
(Ottawa) As the Standing Senate Committee on Energy, the Environment, and Natural Resources (ENEV)
By Mi'kmaq Matters – A weekly podcast about the Mi'kmaq people and the Qalipu First Nation, with host Glenn Wheeler.
By: Brent Patterson
A massive march of more than 100,000 people took place in the city of Bucaramanga, Colombia on Friday May 10. All of the media coverage of that protest is in Spanish. What happened that day and why?
A mobilization to protect drinking water
El Espectador reports that the protest march was in opposition to "extractive projects in the ecosystem that supplies water to more than two million people in eastern Colombia."
The name of that ecosystem is the Páramo de Santurbán.
(Ottawa, Vancouver) On Wednesday, the Xinka Parliament of Guatemala drew over 1,000 community members to its press conference where Xinka Indigenous representatives called on Canadian company Pan American Silver (TSX: PAAS) to respect their right to freely participate in the court-ordered consultation process over the Escobal mine. Xinka communities demanded the company cease attemp
Learn about the secret weapon Canadian mining companies are using to extract money from developing countries when environmental measures, Indigenous rights and community resistance create democratic roadblocks to their extracting oil, gas and minerals.
(Vancouver/Victoria/Ottawa/Tatamagouche/Washington, D.C.) Ahead of Pan American Silver’s annual shareholder meeting in Vancouver today, the Xinka Indigenous Parliament released a statement calling on the company to stop attempts to engage with communities outside of the court-ordered consultation process over the Escobal silver project in southern Guatemala. It insists that the company’s community relations taking place in parallel to the consultation are coercive, heighten tensions and jeopardize the free nature of the process.
(Toronto) At the North Mara gold mine in Tanzania, Barrick’s subsidiary Acacia is using a brutalizing remedy mechanism to process victims of excess use of force by the mine’s private security, and by police that guard the mine under an agreement, even as some of these victims have filed legal action through UK-based lawyers Deighton Pierce Glynn.
(Toronto) National human rights, faith, and labour organizations along with concerned Torontonians rallied in Toronto to call for a Ombudsperson with the power to investigate corporate abuses abroad. The Canadian Ombudsperson for Responsible Enterprise (CORE) was created last month, 15 months after its first announcement, but its proposed powers were stripped. Sheri Meyerhoffer, once a lobbyist with the Canadian Association of Petroleum Producers, was named to the post, sparking disappointment and outrage across the country.