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Newmont-backed Gabriel Resources Won’t Let Democracy Stop it from Mining

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By Shreema Mehta

January 22, 2015

Rather than accept unfavorable government decisions, such as a permit denial, some companies are suing countries under investment agreements that allow them to “seek international arbitration” in publicly inaccessible World Bank tribunals. Canadian mining company Gabriel Resources, which has the backing of US giant Newmont, is the latest mining company to resort to this tactic. Gabriel is threatening to sue the Romanian government if it does not get approval for its proposed Rosia Montana open-pit gold mine.

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Tagged with: world bank, romania, gabriel resources, investor risk, investors, investment, rosia montana, investor


Peruvian farmer wins land rights dispute against Newmont

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By Shreema Mehta

December 19, 2014

Máxima Acuña has been beaten, robbed and sentenced to prison for fighting to protect her property from mining behemoth Newmont. But last week, she finally got justice.

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Tagged with: gold, newmont, peru, conga, yanacocha, cajamarca


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