The World Bank-IMF helped Peru with “reforms” in 1990s, when its debt (and inflation) was at its peak. These favored foreign mining investment. At the same time, the IFC also invested in mining, including the infamous Yanococha Mine in Peru. The IFC also invested in Newmont Ghana. Both have a serious legacy of pollution, both chronic and acute. The acute pollution included mercury and cyanide spills. The Yanacocha Mine in Peru is said to have polluted waters, thus ruining animal husbandry and agriculture and killing fish 150 km downstream.
http://miningawareness.wordpress.com/2013/05/28/conflict-of-interest-world-bank-to-rewrite-haiti-mining-law-while-invested-in-mining-in-haiti-through-the-ifc/
No comments:
Post a Comment