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21. Historic Wins for Democracy and Rights in El Salvador
(Mining prohibition El Salvador)
... El Salvador under the investment provisions of the Central America Free Trade Agreement and El Salvador’s investment law, seeking over $300 million to recover its costs and what it calculated as lost profits ...
Created on 26 June 2017
22. El Salvador – When The Seeds Of Resistance Bloom
(Mining prohibition El Salvador)
... Central American nation’s struggle to put the health of its population above the profits from gold mining was always going to grab some international attention. But when combined with the ways in which ...
Created on 23 June 2017
23. PRESS RELEASE: OceanaGold, “the gold mining company of choice”? Not in El Salvador or the Philippines
(Pacific Rim/OceanaGold)
... in the northern part of the country. “OceanaGold recorded over US$130 million in profits from its global operations in 2016 and has all the means with which to quickly settle its debt and truly clear ...
Created on 23 June 2017
24. El Salvador Votes for Water over Gold
(Mining prohibition El Salvador)
... determined to plunder the country’s natural resources for short-term profits, El Salvador’s Legislative Assembly has voted to ban all metal mining projects. The new law is aimed at protecting the Central ...
Created on 16 April 2017
25. Western University Professor Brings El Salvador Anti-Mining Struggle to Canadian Audience
(Mining prohibition El Salvador)
... protection and human rights over corporate profits. Dr. Grzyb took the audience through an explanation of the population density of El Salvador and the various environmental challenges that face the country ...
Created on 08 March 2017
26. Pressure Grows on Mining Giant to Pay $8 Million to El Salvador
(Pacific Rim/OceanaGold)
... for Settlement of Investment Disputes, ICSID, which handles investor-state disputes, rejected a claim from the company that it had lost profits after the Salvadoran government refused to grant a concession ...
Created on 05 March 2017
27. A wake-up call for Trump's trade agend
(Pacific Rim/OceanaGold)
... measures that impede future corporate profits. Back to the letter in a moment, but first the dilemma that it highlights for Trump: In one of Trump's first public statements as president, on Jan. 22, he ...
Created on 03 March 2017
28. El Salvador Church Leaders Fight for Ban on Mining Exploitation
(Mining prohibition El Salvador)
... on new mining concessions. The move sparked a nearly decade-long, multi-million dollar lawsuit, launched against the country by international mining giant OceanaGold for infringing on its future profits ...
Created on 10 February 2017
29. Transnational mining company loses the battle, but the war continues.
(Pacific Rim/OceanaGold)
... company "has not resigned and will never give up (in its interest to continue with its operations), they see the profits and chase them," executive director of the Association for Development of El Salvador ...
Created on 05 January 2017
30. EL SALVADOR’S WIN AGAINST THE US MINING COMPANY PACIFIC RIM: A VERY NUANCED VICTORY
(Pacific Rim/OceanaGold)
... for the loss of potential profits (it is the equivalent of 1 per cent of the country’s GDP), it is important to analyse the outcome with care. Pyrrhic victory The stance taken by the International Allies ...
Created on 28 December 2016
31. El Salvador Lessons for the TPP Fight
(Pacific Rim/OceanaGold)
... Gold) filed a lawsuit against the government of El Salvador in 2009, demanding $250 million in compensation for the loss of profits they’d expected to make from their mining project there. This is a staggering ...
Created on 10 November 2016
32. For grassroots organizations, the fight to protect water and local communities continues, now on a larger scale
(Pacific Rim/OceanaGold)
...  International Center for the Settlement of Investment Disputes, which allows corporations to sue states through free trade agreements if future profits are perceived to be infringed upon. “Such project ...
Created on 10 November 2016
33. ICSID decision buoys El Salvador in mining dispute
(Pacific Rim/OceanaGold)
... that it lost US$314 million in potential profits because the project was halted, a figure that is more than 1% of El Salvador’s Gross Domestic Product. In its complaint, Pac Rim Cayman said it had made ...
Created on 10 November 2016
34. PRESS RELEASE: Coalition of Groups States “There are No Winners”
(Pacific Rim/OceanaGold)
... subsidiary of the Canadian-Australian company OceanaGold, sued El Salvador for alleged losses of potential profits as a result of not being granted a mining concession for a gold project. The government ...
Created on 14 October 2016
35. PRESS RELEASE: Release the Verdict Now!
(Pacific Rim/OceanaGold)
... Dorado project. Instead, it sued the government, demanding compensation for future profits foregone. Given the circumstances, ICSID shouldn’t have accepted the case, but it allowed it to proceed.  In ...
Created on 06 October 2016
36. NEW BOOK: Rethinking Bilateral Trade Agreements
(Pacific Rim/OceanaGold)
... (ISDS), allowing investors to sue their host state when changes to regulations threaten to reduce profits. Many countries have already faced unexpected claims against them, because they wanted to implement ...
Created on 11 May 2016
37. Yes to life, no to mining! – Report Back Delegation to El Salvador
(Mining prohibition El Salvador)
... can leave behind, even after decades from their closing. Companies leave, as soon as the profits have been exhausted, and they do not worry about their toxic leftovers. OceanaGold in Cabañas: terror and ...
Created on 03 February 2016
38. In the Keystone Suit, It’s Big Oil vs. Democracy
(Pacific Rim/OceanaGold)
... to protect its investments and potential future profits from mining. Apparently democracy had an asterisk: “free trade.” Corporate Privilege A provision in CAFTA known as an “investor-state dispute ...
Created on 02 February 2016
39. Resistance against the bloodsucker
(Mining prohibition El Salvador)
... due to lost profits Water is not supposed to be orange, not even in El Salvador. But, in the town of San Sebastian, in the Eastern part of the small Central American country, it is. Gustavo Blanco uses ...
Created on 03 January 2016
40. El Salvador: Vote Against Gold
(Mining prohibition El Salvador)
...  Also another quoted mining company, the Australian-Canadian Oceanagold, sued the country before the same tribunal. The company demanded 301 million US dollars as a compensation for lost profits for a ...
Created on 02 January 2016
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