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The approximately US$400 million earned by the bauxite sector last year means nothing to Sandra McLean and other residents of districts surrounding the Alumina Partners of Jamaica (Alpart) refinery in Nain, St Elizabeth.
Mr Ipatas said the agreement was done in such a way the State of Papua New Guinea and the landowners were mere observers on their own land while the developer got about 85 per cent of the takings.
This paper was circulated prior to the Second World Social Forum in Porto Alegre, Brazil in February 2002. It was used as a point of departure to spark debate during a panel on transnational corporations, that CorpWatch co-chaired with Global Exchange, another San Francisco-based group.
NEW YORK -- Presidents, kings and moguls wrapped up five days of swanky parties, serious elbow-rubbing and weighty discussions on how to stop terrorism, resolve long-standing international conflicts and ease grinding poverty as the World Economic Forum came to an end on Monday.
Gold mining is Ghana�s most valuable export industry: in 2005, US$1.4 billion worth of gold was shipped from the country, dwarfing the value of its other major foreign currency earners - timber and cocoa. However, very little of the gold revenues stay in the country while damage to the physical environment by both large and small-scale mining is inflicting an incalculable cost to the economy with vast tracts of farming land permanently ruined, forests destroyed and water resources diverted and polluted.
New York City Comptroller William Thompson, who oversees the city's pension funds, on Tuesday called for a review of Freeport-McMoRan Copper & Gold Inc.'s environmental policies and practices in Indonesia.
Decades after the Cold War uranium boom ended, leaving a trail of poisonous waste across the Navajo Nation, the mining industry is back, seeking to tap the region's vast uranium deposits once again.