[CTC] Pacific Rim's US$315 million suit vs El Salvador denounced

Wed Apr 3 14:07:32 PDT 2013

*Sorry for crosspostings...*
Note... What an unfortunate coincidence the name of this ruthless mining
company and the TPP's

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Pacific Rim’s announcement of a US $315 million increase in its law suit
against El Salvador denounced by members of the National Roundtable Against
Metallic Mining in El Salvador.
Canadian mining company Pacific Rim has announced it will increase to US
$315 million its demand against the Salvadoran Government for failing to
grant a license to exploit gold in the El Dorado mine in its northern
department of Cabañas.  Pacific Rim is suing under Salvadoran Investment
Laws after the ICSID tribunal dismissed their case to sue under the US,
Central America Free Trade Agreement, CAFTA-DR.
Communities and organizations that make up the National Roundtable Against
Metallic Mining reject the actions by the company Pacific Rim, because they
attempt to undermine the Salvadoran government’s right to practice economic
policy based on public interest.  Pacific Rim's announcement also
demonstrates its contempt for the will of the Salvadoran population that
has time and again exercised their right to say no to metallic mining.
Resource extraction is not an option for development in our country due the
serious dangers it posses to people’s health and the environment, we are
particularly concerned about the impact on our precarious water resources.

We categorically deplore the hypocrisy of Thomas Shrake, Pacific Rim’s CEO,
who insists on portraying the company as a creator of jobs and benefits for
the people of El Salvador. As we have stated before, if the true intention
of Pacific Rim were to help the democratic, equitable and sustainable
development of the Salvadoran population, they should leave the country
immediately rather than increasing the amount of the demand filed in 2009.
It is a contradiction for a mining company that claims to be interested in
the wellbeing of a population, to seek to extort damages for lost profits
from a government that has simply acceded to the demands of its
population.  In particular, we are concerned about the utilization of
tribunals such as the International Centre for Settlement of Investment
Disputes(ICSID) to resolve conflicts with the government of El Salvador,
such tribunals are undemocratic in nature and are not concerned with
protecting the application of human rights nor the environment. Read
more...<http://stopesmining.us5.list-manage.com/track/click?u=a6208b84fc02ac1ffef5a7b9e&id=842fd7c64d&e=b9dc15b5dc>
  Communities demand immediate suspension of Cerro Blanco mineThe Cerro
Blanco operation, a project of Entremares SA, a subsidiary of Goldcorp Inc,
will have a negative impact on the quality of life of the Salvadoran
population. Read
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  Governments of Guatemala and El Salvador forced to respond to community
concerns regarding the Cerro Blanco mining project The fact that both the
presidents have publicly responded to La Mesa’s demand to close the Cerro
Blanco project is a testament to the strength of the Salvadorian
anti-mining movement and its allies.Read
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*Tell pacific Rim to "Drop the Suit"*
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*

Join the International Fact Finding Delegation to El Salvador
May 09-13, 2013*more info*
 Salvadoran activist takes her case to CanadaCabañas is one of the poorest
provinces in El Salvador, Morales said, and mining companies have tried
offering jobs to people and making alliances with various local
authorities. “That was a part of their strategy to gain the support of the
community members,” she said. Read
more...<http://stopesmining.us5.list-manage.com/track/click?u=a6208b84fc02ac1ffef5a7b9e&id=79b90debf3&e=b9dc15b5dc>
 "Water is More Precious than Gold’ tour visits MaineIn Maine, Morales and
Ascencio’s message hits close to home. “For the first time in decades,
out-of-state mining companies are seriously considering mining copper,
zinc, and other metals in Maine,” said Nick Bennett, staff scientist for
the Natural Resources Council of Maine.Read
more...<http://stopesmining.us5.list-manage.com/track/click?u=a6208b84fc02ac1ffef5a7b9e&id=32ad9be475&e=b9dc15b5dc>
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