Mountaintop removal, Canadian Mining Companies, uranium mining, World Bank, Cree, Canada, water, Australia, nuclear power, Gold Mining, nuclear energy, clean water, Romania, Quebec, Strateco, Australian mining companies, Protests, democracy, TPP, Pacific Rim, El Salvador, open pit mining, damages, trade deals, TTIP, Gabriel Resources, water resources, World Bank International Center for Settlement of Investment Disputes, Senator Warren, Rosia Montana, cyanide, UNESCO World Heritage
Gabriel Resources, another nasty Canada based penny stock company, this one worth 44 cents, sues to fleece a country (Romania) without even having to mine. They, and others, have found a way to make money other than by mining (or to get their way) – shaking down countries. El Salvador is also being sued by Canada based Pacific Rim, now owned by Australian OceanaGold (worth CA $2.26), for trying to protect its environment, especially water. Strateco Resources, worth 2 cents, and never worth much, is suing the government of Quebec for $190 million for trying to protect Quebec’s environment from uranium mining. Strateco’s proposed uranium mine is at the hydrological center of Quebec and could thus contaminate its main waterways. The First Nations of the area (Cree) oppose uranium mining. Strateco is actually seeking loans to finance its lawsuit! These are just the ones which we know off the top of our heads. There are probably others.
Photo: CIEL, BY-NC-SA
From Common Dreams:
“European Mining Dispute Illustrates Risks of Corporate-Friendly Trade Deals Published on Tuesday, July 28, 2015 by Common Dreams
A Canadian corporation is seeking damages after being blocked from creating an open-pit mine over environmental concerns by Deirdre Fulton, staff writer
Rosia Montana in Romania. (Photo: Cristian Bortes/flickr/cc)
Offering a stark warning of how corporate-friendly trade pacts like the TransAtlantic Trade and Investment Partnership (TTIP) put both democracy and the environment at risk, a Canadian company is seeking damages from Romania after being blocked from creating an open-pit gold mine over citizen concerns.
Gabriel Resources Ltd. announced last week that it had filed a request for arbitration with the World Bank’s International Center for Settlement of Investment Disputes, a body not unlike the secret tribunals that critics like Sen. Elizabeth Warren (D-Mass.) have warned against.
The corporation’s Rosia Montana open-pit gold mine project stalled after a series of protests in cities across Romania in 2013 demanded Gabriel’s plan be dropped. As Common Dreams reported at the time, Romanian residents and environmental activists have opposed the mine since it was proposed in the 1990s, charging that it would blast off mountaintops, destroy a potential UNESCO World Heritage site, and displace residents from the town of Rosia Montana and nearby villages. In particular, local communities opposed the use of cyanide as part of the extraction process.
Such opposition led to widespread street protests in 2013, which in turn pressured the Romanian Parliament to reject a bill introduced by the government that would have paved the way for the mine.
Now, Gabriel Resources, which holds an 80 percent stake in the Rosia Montana Gold Corporation, says the country has violated international treaties. Bloomberg reports that in 2013, Gabriel threatened to seek as much as $4 billion of damages should Romanian lawmakers vote to oppose its gold and silver project in the country.
But as Claudia Ciobanu, a Romanian freelance journalist based in Warsaw, wrote on Monday, “Gabriel is…effectively trying to make Romanians pay for having pushed their legislators to do the right thing.”
She continued: “With the vast expansion of the use of investor-state dispute settlement brought about by the TTIP…Romanians and other Europeans can only expect more of such cases. According to some analyses, the TTIP and a few other trade agreements negotiated at the moment would expand the coverage of investor-state arbitration from around 20% to around 80% of investment flows to and from the U.S. and the EU. Additionally, current experience shows that developing countries are much more often targets of corporations than rich ones.”
Or, she concluded, “The recent case opened by Gabriel Resources against Romania serves as an omen of what Europe’s future may look like if citizen power is not restored.”
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License” http://www.commondreams.org/news/2015/07/28/european-mining-dispute-illustrates-risks-corporate-friendly-trade-deals (Emphasis added. Embedded links at original.)
OPPOSITION TO MANY MINING PROJECTS BY INDIGENOUS PEOPLES (FIRST NATIONS, AMERICAN INDIANS, ABORIGINALS, ETC.) RAISES THE QUESTION OF WHAT HAPPENS IF GOVERNMENTS SIGN TRADE DEALS AND THE INDIGENOUS PEOPLES DO NOT? ARE THEIR LANDS BOUND BY THESE DEALS?
Top photo and more here: https://www.flickr.com/photos/bortescristian/4899457152/in/photostream/