EARTHblog » Nick Magel
By Nick Magel
April 26, 2012
Yesterday I attended Newmont Mining Co.’s annual shareholder meeting. The meeting took place in a small hotel banquet room in a Wilmington, DE hotel. The Denver-based company has held its annual meeting here ever since 2007 after meeting in Denver became a lightening rod for annual protests against their irresponsible mining operations. However, while Newmont may have hidden away from protestors outside their meetings, they continue to face criticism inside their shareholder meeting.
Earthworks went up to the meeting to voice our concerns regarding Newmont’s continued lack of a robust community consultation and a free prior and informed consent (FPIC) policy for their mine projects, most recently at their proposed Minas Conga project in Peru. Here’s our statement and question to the Newmont Board of Directors:
By Nick Magel
April 5, 2012
Last month Ecuador did something it had never done before. It signed contracts for the first large-scale mining project in the history of the country. Prior to President Rafael Correa's championing of mega-mines in Ecuador, Ecuador was the last Andean country without a large-scale mine. It was also the last Andean country to not have to deal with major water contamination from cyanide run-off. It was the last Andean country to not have to deal with the millions of tons of toxic mine tailings each mine site must dispose of, often in water sources. That's all changed now.
Despite growing protests because of Correa's decision to open up the country to multi-national mining corporations, the President has remained defiant and steadfast in his decision. Even as thousands of people poured into the streets last month for a two week march in defense of water and in opposition to large-scale mining, Correa proclaimed: "We will not be beggars sitting on a sack of gold.";