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Friday, September 28, 2012

New Zealand fund withdraws FCX, Zijin investments, citing ethics breaches

The US$15.7 billion New Zealand Superannuation Fund said that it has excluded four companies, including Freeport-McMoRan Copper & Gold and the Zijin Mining Group, from its investment portfolio "for severe breaches of the fund's responsible investment standards."
http://www.mineweb.com/mineweb/view/mineweb/en/page68?oid=159329&sn=Detail&pid=102055

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