Earthworks

Tarnished Gold

Tarnished Gold
Mining and the Unmet Promise of Development

Published: September 18, 2006

By: Radhika Sarin, Nikki Reisch, Jennifer Kalafut, Keith Slack

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The International Finance Corporation (IFC) continues to dress up money-making gold mining investments as development, yet it fails to demonstrate how these projects actually reduce poverty. On its "golden" 50-year anniversary, we challenge the IFC to "prove it" by reporting its development impacts on a project-by-project basis.

A joint publication of the Bank Information Center, the Bretton Woods Project, Campagna Per La Riforma Della Banca Mondiale, EARTHWORKS, and Oxfam International.

Tagged with: investment, international financial institutions, ifc

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.@bstorrow, why wasn't Arch required to post full reclamation bond before bankruptcy? Barn closing after horse gone, no? 15% is a pittance.
.@POTUS’ Final Budget Builds Toward His Legacy Re #Mining bit.ly/20Mkw97

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