Some of the world's biggest miners, such as Rio Tinto and Barrick Gold are banned as they have badly damaged the environment.
The government also asked the fund
to raise issues about mining related environmental damage with
AngloGold Ashanti but has not excluded the firm from its investment
list, despite such a recommendation from its ethics council.
“We do have an ongoing dialogue
with these companies and we've had for along time, over the past two
years... and they've showed good results,” oil fund spokesman Thomas
Sevang said.
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