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Tuesday, October 15, 2013

Prices and protests: gold miners' war on two fronts

Gold miners most often accused of environmental and human rights violations may be able to keep costs relatively low by cutting corners in the short term, but public backlash seems increasingly able to overwhelm such gains.
Goldcorp, a lower cost producer and no stranger to negative press, is one target of a new documentary called 'Gold Fever', which heavily criticizes the company's operations in San Miguel Ixtahuacán, Guatemala. The film has been shown at a number of film festivals and stars a number of high profile academics and activists such as the United Nations' James Anaya and long-time critic of the corporate world, Noam Chomsky.
This wave of opposition, however unbalanced it may at times be, is increasing alarm throughout the industry. Frustration is building.
http://www.mining.com/goldcorps-guatemala-troubles-not-going-away-58424/?utm_source=digest-en-au-131014&utm_medium=email&utm_campaign=digest 

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